The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Five Below (FIVE - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Five Below is a member of the Retail-Wholesale sector. This group includes 214 individual stocks and currently holds a Zacks Sector Rank of #4. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. FIVE is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for FIVE's full-year earnings has moved 1.72% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, FIVE has gained about 51.88% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 9.95% on a year-to-date basis. This shows that Five Below is outperforming its peers so far this year.
Breaking things down more, FIVE is a member of the Retail - Miscellaneous industry, which includes 15 individual companies and currently sits at #100 in the Zacks Industry Rank. Stocks in this group have gained about 2.77% 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.