Five Below Inc

FIVE
Real-time BATS EXCHANGE - 08/22 04:00:15 pm
120.205USD
+2.58%

The trend should regain control

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Anas Lozach
Analyst

Strategy published on : 08/07/2019 | 10:50

long trade
Target price hit

Entry price : 107.525$
Target : 118.4$
Stop-loss : 101.9$
Potential : 10.11%

The current trading zone is interesting to the point that investors should pay attention to the stock and anticipate a return of the underlying upward trend.
Investors have an opportunity to buy the stock and target the $ 118.4.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 90.38 USD in weekly data.

● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 103.7 support.

● According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.

● The company is in a robust financial situation considering its net cash and margin position.

● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.

● Historically, the company has been releasing figures that are above expectations.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.


Weaknesses

● The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 33.73 times its estimated earnings per share for the ongoing year.

Zonebourse.com 2019
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