We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Five Below (FIVE) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
Five Below (FIVE - Free Report) closed the most recent trading day at $126.27, moving +0.36% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.94%. Elsewhere, the Dow lost 0.87%, while the tech-heavy Nasdaq lost 1.18%.
Coming into today, shares of the discount retailer had gained 5.24% in the past month. In that same time, the Retail-Wholesale sector gained 7.65%, while the S&P 500 gained 8.01%.
FIVE will be looking to display strength as it nears its next earnings release. On that day, FIVE is projected to report earnings of $1.57 per share, which would represent year-over-year growth of 33.05%. Meanwhile, our latest consensus estimate is calling for revenue of $602.10 million, up 19.27% from the prior-year quarter.
Any recent changes to analyst estimates for FIVE should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.11% higher within the past month. FIVE is currently sporting a Zacks Rank of #2 (Buy).
Investors should also note FIVE's current valuation metrics, including its Forward P/E ratio of 39.68. Its industry sports an average Forward P/E of 9.69, so we one might conclude that FIVE is trading at a premium comparatively.
Also, we should mention that FIVE has a PEG ratio of 1.31. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Miscellaneous industry currently had an average PEG ratio of 1.55 as of yesterday's close.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 64, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Five Below (FIVE) Gains As Market Dips: What You Should Know
Five Below (FIVE - Free Report) closed the most recent trading day at $126.27, moving +0.36% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.94%. Elsewhere, the Dow lost 0.87%, while the tech-heavy Nasdaq lost 1.18%.
Coming into today, shares of the discount retailer had gained 5.24% in the past month. In that same time, the Retail-Wholesale sector gained 7.65%, while the S&P 500 gained 8.01%.
FIVE will be looking to display strength as it nears its next earnings release. On that day, FIVE is projected to report earnings of $1.57 per share, which would represent year-over-year growth of 33.05%. Meanwhile, our latest consensus estimate is calling for revenue of $602.10 million, up 19.27% from the prior-year quarter.
Any recent changes to analyst estimates for FIVE should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.11% higher within the past month. FIVE is currently sporting a Zacks Rank of #2 (Buy).
Investors should also note FIVE's current valuation metrics, including its Forward P/E ratio of 39.68. Its industry sports an average Forward P/E of 9.69, so we one might conclude that FIVE is trading at a premium comparatively.
Also, we should mention that FIVE has a PEG ratio of 1.31. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Miscellaneous industry currently had an average PEG ratio of 1.55 as of yesterday's close.
The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 64, which puts it in the top 26% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.