Back to top

Image: Bigstock

Is Accor SA - Sponsored ADR (ACCYY) Outperforming Other Consumer Discretionary Stocks This Year?

Read MoreHide Full Article

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Accor SA - Sponsored ADR (ACCYY - Free Report) one of those stocks right now? 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.

Accor SA - Sponsored ADR is one of 256 companies in the Consumer Discretionary group. The Consumer Discretionary group currently sits at #9 within 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Accor SA - Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for ACCYY's full-year earnings has moved 1.7% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, ACCYY has moved about 6.9% on a year-to-date basis. At the same time, Consumer Discretionary stocks have lost an average of 2.8%. This shows that Accor SA - Sponsored ADR is outperforming its peers so far this year.

One other Consumer Discretionary stock that has outperformed the sector so far this year is Cumulus Media . The stock is up 8.5% year-to-date.

The consensus estimate for Cumulus Media's current year EPS has increased 1.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Accor SA - Sponsored ADR belongs to the Hotels and Motels industry, which includes 15 individual stocks and currently sits at #140 in the Zacks Industry Rank. On average, this group has gained an average of 10.9% so far this year, meaning that ACCYY is slightly underperforming its industry in terms of year-to-date returns.

On the other hand, Cumulus Media belongs to the Broadcast Radio and Television industry. This 19-stock industry is currently ranked #66. The industry has moved -13.7% year to date.

Investors interested in the Consumer Discretionary sector may want to keep a close eye on Accor SA - Sponsored ADR and Cumulus Media as they attempt to continue their solid performance.

Zacks' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in