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Is Bragg Gaming Group Inc. (BRAG) Stock Outpacing Its Consumer Discretionary Peers This Year?
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For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Bragg Gaming Group Inc. (BRAG - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
Bragg Gaming Group Inc. is one of 261 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Bragg Gaming Group Inc. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BRAG's full-year earnings has moved 14.3% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, BRAG has moved about 3.6% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 1.9% on average. This shows that Bragg Gaming Group Inc. is outperforming its peers so far this year.
Cimpress (CMPR - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4.7%.
For Cimpress, the consensus EPS estimate for the current year has increased 12.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bragg Gaming Group Inc. belongs to the Gaming industry, which includes 41 individual stocks and currently sits at #194 in the Zacks Industry Rank. This group has gained an average of 5.5% so far this year, so BRAG is slightly underperforming its industry in this area.
In contrast, Cimpress falls under the Consumer Services - Miscellaneous industry. Currently, this industry has 5 stocks and is ranked #23. Since the beginning of the year, the industry has moved -17.1%.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Bragg Gaming Group Inc. and Cimpress as they could maintain their solid performance.
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Is Bragg Gaming Group Inc. (BRAG) Stock Outpacing Its Consumer Discretionary Peers This Year?
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Bragg Gaming Group Inc. (BRAG - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.
Bragg Gaming Group Inc. is one of 261 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Bragg Gaming Group Inc. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BRAG's full-year earnings has moved 14.3% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, BRAG has moved about 3.6% on a year-to-date basis. Meanwhile, stocks in the Consumer Discretionary group have gained about 1.9% on average. This shows that Bragg Gaming Group Inc. is outperforming its peers so far this year.
Cimpress (CMPR - Free Report) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4.7%.
For Cimpress, the consensus EPS estimate for the current year has increased 12.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Bragg Gaming Group Inc. belongs to the Gaming industry, which includes 41 individual stocks and currently sits at #194 in the Zacks Industry Rank. This group has gained an average of 5.5% so far this year, so BRAG is slightly underperforming its industry in this area.
In contrast, Cimpress falls under the Consumer Services - Miscellaneous industry. Currently, this industry has 5 stocks and is ranked #23. Since the beginning of the year, the industry has moved -17.1%.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Bragg Gaming Group Inc. and Cimpress as they could maintain their solid performance.