In the latest trading session, Corsair Gaming, Inc. (CRSR) closed at $30.21, marking a +1.85% move from the previous day. This change outpaced the S&P 500's 0.82% gain on the day.Coming into today, shares of the company had lost 6.7% in the past month. In that same time, the Consumer Discretionary sector lost 0.63%, while the S&P 500 gained 3.89%.Investors will be hoping for strength from CRSR as it approaches its next earnings release, which is expected to be August 3, 2021.CRSR's full-year Zacks Consensus Estimates are calling for earnings of $1.81 per share and revenue of $2.02 billion. These results would represent year-over-year changes of +13.13% and +18.58%, respectively.Any recent changes to analyst estimates for CRSR should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CRSR is currently sporting a Zacks Rank of #3 (Hold).In terms of valuation, CRSR is currently trading at a Forward P/E ratio of 16.36. For comparison, its industry has an average Forward P/E of 24.26, which means CRSR is trading at a discount to the group.The Gaming industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 106, putting it in the top 42% of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.To follow CRSR in the coming trading sessions, be sure to utilize Zacks.com. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 breakthrough stocks now>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Corsair Gaming, Inc. (CRSR): Free Stock Analysis Report To read this article on Zacks.com click here.