We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Accel Entertainment (ACEL) Outpaced 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. Has Accel Entertainment (ACEL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Accel Entertainment is a member of the Consumer Discretionary sector. This group includes 246 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Accel Entertainment is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ACEL's full-year earnings has moved 2.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, ACEL has moved about 15.7% on a year-to-date basis. At the same time, Consumer Discretionary stocks have lost an average of 8.1%. This means that Accel Entertainment is outperforming the sector as a whole this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is Hugo Boss (BOSSY - Free Report) . The stock is up 13.8% year-to-date.
For Hugo Boss, the consensus EPS estimate for the current year has increased 3.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Accel Entertainment belongs to the Gaming industry, which includes 38 individual stocks and currently sits at #152 in the Zacks Industry Rank. On average, this group has lost an average of 18.4% so far this year, meaning that ACEL is performing better in terms of year-to-date returns.
Hugo Boss, however, belongs to the Textile - Apparel industry. Currently, this 22-stock industry is ranked #88. The industry has moved -4.9% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Accel Entertainment and Hugo Boss as they could maintain their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Has Accel Entertainment (ACEL) Outpaced Other Consumer Discretionary Stocks This Year?
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Accel Entertainment (ACEL - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Accel Entertainment is a member of the Consumer Discretionary sector. This group includes 246 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Accel Entertainment is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ACEL's full-year earnings has moved 2.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, ACEL has moved about 15.7% on a year-to-date basis. At the same time, Consumer Discretionary stocks have lost an average of 8.1%. This means that Accel Entertainment is outperforming the sector as a whole this year.
One other Consumer Discretionary stock that has outperformed the sector so far this year is Hugo Boss (BOSSY - Free Report) . The stock is up 13.8% year-to-date.
For Hugo Boss, the consensus EPS estimate for the current year has increased 3.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Accel Entertainment belongs to the Gaming industry, which includes 38 individual stocks and currently sits at #152 in the Zacks Industry Rank. On average, this group has lost an average of 18.4% so far this year, meaning that ACEL is performing better in terms of year-to-date returns.
Hugo Boss, however, belongs to the Textile - Apparel industry. Currently, this 22-stock industry is ranked #88. The industry has moved -4.9% so far this year.
Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to Accel Entertainment and Hugo Boss as they could maintain their solid performance.