Investors focused on the Retail-Wholesale space have likely heard of Five Below (FIVE), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
Five Below is a member of our Retail-Wholesale group, which includes 218 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. FIVE is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for FIVE's full-year earnings has moved 1.89% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that FIVE has returned about 28.65% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 10.24%. This means that Five Below is performing better than its sector in terms of year-to-date returns.
Looking more specifically, FIVE belongs to the Retail - Miscellaneous industry, which includes 16 individual stocks and currently sits at #68 in the Zacks Industry Rank. On average, this group has gained an average of 18.31% so far this year, meaning that FIVE is performing better in terms of year-to-date returns.
FIVE will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.
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