For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Five Below (FIVE - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of FIVE and the rest of the Retail-Wholesale group's stocks.
Five Below is one of 215 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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 4.20% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, FIVE has moved about 52.65% on a year-to-date basis. Meanwhile, stocks in the Retail-Wholesale group have gained about 13% on average. As we can see, Five Below is performing better than its sector in the calendar year.
Looking more specifically, FIVE belongs to the Retail - Miscellaneous industry, which includes 15 individual stocks and currently sits at #109 in the Zacks Industry Rank. Stocks in this group have gained about 5.93% so far this year, so FIVE is performing better this group in terms of year-to-date returns.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to FIVE as it looks to continue its solid performance.