Investors focused on the Retail-Wholesale space have likely heard of Five Below (FIVE - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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 228 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #5 within 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).
Over the past three months, the Zacks Consensus Estimate for FIVE's full-year earnings has moved 3.38% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, FIVE has moved about 55.29% on a year-to-date basis. In comparison, Retail-Wholesale companies have returned an average of 2.09%. This means that Five Below is outperforming the sector as a whole this year.
To break things down more, FIVE belongs to the Retail - Miscellaneous industry, a group that includes 17 individual companies and currently sits at #155 in the Zacks Industry Rank. On average, this group has gained an average of 13.23% so far this year, meaning that FIVE is performing better in terms of year-to-date returns.
Investors in the Retail-Wholesale sector will want to keep a close eye on FIVE as it attempts to continue its solid performance.