U.S. markets open in 5 hours 24 minutes

Is Five Below (FIVE) Stock Outpacing Its Retail-Wholesale Peers This Year?

Zacks Equity Research
Is (HRS) Outperforming Other Computer and Technology Stocks This Year?

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Five Below (FIVE) 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 one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #2 within 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).

Over the past 90 days, the Zacks Consensus Estimate for FIVE's full-year earnings has moved 1.72% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Our latest available data shows that FIVE has returned about 55.96% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 14.19%. 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 15 individual stocks and currently sits at #107 in the Zacks Industry Rank. This group has gained an average of 6.18% so far this year, so FIVE is performing better in this area.

Investors with an interest in Retail-Wholesale stocks should continue to track FIVE. The stock will be looking to continue its solid performance.


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
 
Five Below, Inc. (FIVE) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.