Five Below (FIVE) : 7 analysts are covering Five Below (FIVE) and their average rating on the stock is 1.86, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Five Below (FIVE) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Five Below (FIVE) : The highest short term price target forecast on Five Below (FIVE) is $57 and the lowest target price is $39. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $51.14 with a standard deviation of $6.59.
Also, Goldman Sachs assumes its rating on Five Below (NASDAQ:FIVE). The global brokerage major announces a current price target of $42 per share. Analysts at the Goldman Sachs have a current rating of Neutral on the shares. The rating by the firm was issued on September 6, 2016.
Five Below (NASDAQ:FIVE): After opening at $41.47, the stock dipped to an intraday low of $41.02 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $41.855 and the buying power remained strong till the end. The stock closed at $41.65 for the day, a gain of 0.22% for the day session. The total traded volume was 586,427. The stocks close on the previous trading day was $41.56.
Five Below, Inc. (Five Below) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers a range of products, all priced at five dollars and below, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company operates 366 locations across 21 states. The Companys stores have over 4,000 stock-keeping units (SKUs) across a range of categories. The Companys product groups include leisure, fashion and home, and party and snack. Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages.