Is Coca-Cola HBC (CCHGY) Outperforming Other Consumer Staples Stocks This Year? [Yahoo! Finance]
COCA COLA HBC UNSP/ADR (CCHGY)
NASDAQ:AMEX Investor Relations:
coca-colahellenic.com/en/investors
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Source: Yahoo! Finance
Is Coca-Cola HBC (CCHGY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question. Coca-Cola HBC is a member of our Consumer Staples group, which includes 183 different companies and currently sits at #11 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Coca-Cola HBC is currently sporting a Zacks Rank of #2 (Buy). The Zacks Consensus Estimate for CCHGY's full-year earnings has moved 1.3% higher within the past quarter. This shows that analyst sentiment has improved and the compa
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