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Is Bunzl (BZLFY) Stock Outpacing Its Consumer Staples Peers This Year?

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Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Bunzl PLC (BZLFY - 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? Let's take a closer look at the stock's year-to-date performance to find out.

Bunzl PLC is a member of our Consumer Staples group, which includes 187 different companies and currently sits at #14 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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. Bunzl PLC is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for BZLFY's full-year earnings has moved 5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, BZLFY has returned 32.1% so far this year. Meanwhile, stocks in the Consumer Staples group have gained about 7.8% on average. This means that Bunzl PLC is outperforming the sector as a whole this year.

Another Consumer Staples stock, which has outperformed the sector so far this year, is Monster Beverage (MNST - Free Report) . The stock has returned 13% year-to-date.

For Monster Beverage, the consensus EPS estimate for the current year has increased 0.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, Bunzl PLC belongs to the Food - Miscellaneous industry, a group that includes 47 individual stocks and currently sits at #187 in the Zacks Industry Rank. On average, stocks in this group have lost 3.6% this year, meaning that BZLFY is performing better in terms of year-to-date returns.

In contrast, Monster Beverage falls under the Beverages - Soft drinks industry. Currently, this industry has 21 stocks and is ranked #90. Since the beginning of the year, the industry has moved +14.9%.

Investors with an interest in Consumer Staples stocks should continue to track Bunzl PLC and Monster Beverage. These stocks will be looking to continue their solid performance.

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