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Are Consumer Discretionary Stocks Lagging Accel Entertainment (ACEL) This Year?
ACELAccel Entertainment(ACEL) ZACKS·2024-11-07 15:45

Group 1 - Accel Entertainment (ACEL) is currently outperforming the Consumer Discretionary sector, with a year-to-date return of approximately 12.2%, compared to the sector's average return of 7.9% [4] - The Zacks Rank for Accel Entertainment is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past three months, the Zacks Consensus Estimate for ACEL's full-year earnings has increased by 6%, reflecting improved analyst sentiment [4] Group 2 - Accel Entertainment is part of the Gaming industry, which consists of 41 stocks and currently ranks 163 in the Zacks Industry Rank [6] - The average return for stocks in the Gaming industry this year is 18.2%, suggesting that ACEL is slightly underperforming its industry [6] - Another stock in the Consumer Discretionary sector, Funko-A (FNKO), has significantly outperformed with a year-to-date increase of 49.7% and a Zacks Rank of 1 (Strong Buy) [5]