Is Bally's (BALY) Stock Outpacing Its Consumer Discretionary Peers This Year?

Group 1 - Bally's Corporation (BALY) is part of the Consumer Discretionary sector, which includes 279 stocks and has a Zacks Sector Rank of 11 [1] - Bally's Corporation currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [1] - The Zacks Consensus Estimate for BALY's full-year earnings has increased by 31% in the past quarter, reflecting improved analyst sentiment [2] Group 2 - Bally's Corporation has gained approximately 23.3% year-to-date, while the average return for Consumer Discretionary stocks is a loss of 1.4%, showcasing its outperformance [2] - Bally's Corporation belongs to the Hotels and Motels industry, which has an average gain of 6.1% this year, indicating better performance compared to its industry peers [3] - Paramount Global (PARAA), another Consumer Discretionary stock, has returned 11.9% year-to-date, with a consensus EPS estimate increase of 52.8% over the past three months [2][3]