Five Below Inc (NASDAQ:FIVE) Rating Reaffirmed
In an interesting research report disseminated this morning, RBC Capital Markets reconfirmed their “Outperform” rating on Five Below Inc (NASDAQ:FIVE) shares. The PT means a possible upside of 42.81% from firm’s stock price.
From a total of 15 analysts covering Five Below (NASDAQ:FIVE) stock, 13 rate it a ”Buy”, 1 a “Sell”, and 4 a ”Hold”. This means that 72% of the ratings are positive. The highest target price is $57 while the lowest target price is $27. The mean of all analyst targets is $41.47 with a 39.24% above today’s ($28.01) stock price. Five Below was the topic of 8 analyst reports since September 3, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 1 with “Outperform” rating. Credit Suisse maintained shares with “Outperform” rating and $39 target share price in a report from a September 3. Deutsche Bank downgraded FIVE stock in a recent report from November 16 to “Hold” rating. Deutsche Bank maintained the rating on September 3. Deutsche Bank has a “Buy” rating and a $42.0 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a September 3.
The stock closed the day at $28.01 during the previous session. It is down 19.56% since April 28, 2015 and is downtrending. It has underperformed by 17.93% the S&P500.
Analysts await Five Below Inc (NASDAQ:FIVE) to reports earnings on December, 3. They expect $0.07 EPS, up 16.67% or $0.01 from last year’s $0.06 per share. FIVE’s profit will be $3.95 million for 100.04 P/E if the $0.07 EPS becomes reality. After $0.13 actual EPS reported by Five Below Inc for the previous quarter, Wall Street now forecasts -46.15% negative EPS growth.
Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The company has a market cap of $1.58 billion. The Firm 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. It has 31.94 P/E ratio. The Firm operates 366 locations across 21 states.
According to Zacks Investment Research, “Five Below, Inc. is a specialty value retailer offering merchandise for teen and pre-teen customers in the United States. The Company offers products all priced at $5 and below, including select brands and licensed merchandise across a range of categories, which it refers to as worlds: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal. It offers a wide variety of merchandise that includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, DVDs, iPhone accessories, novelty and seasonal items. Five Below, Inc. is headquartered in Philadelphia, Pennsylvania.” Get a free copy of the Zacks research report on Five Below Inc (FIVE)