Five Below - Attracts Teens Faster Than Tik Tok
Photo by Nicholas Cappello on Unsplash
The Chart of the Day belongs to the specialty retailer Five Below (FIVE). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11/ 25 the stock gained 39.50%.
FIVE Price vs Daily Moving Averages
Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops, and bottoms, and t-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customer's room. The company also provides sports balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name-brand board games, puzzles, collectibles, and toys covering remote control; and pool, beach, and outdoor toys, as well as games and accessories. In addition, it offers accessories for cell phones, tablets, audio, and computers, such as cases, chargers, headphones, and other items; books, video games, and DVDs; craft activity kits; arts and crafts supplies, such as crayons, markers, and stickers; and trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, locker accessories, and everyday name brand items. Further, the company provides party goods, decorations, gag gifts, and greeting cards, as well as everyday and special occasion merchandise products; an assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, and gum and snack food; chilled drinks through coolers; and seasonally-specific items used to celebrate and decorate for events. It primarily serves tween and teen customers. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
- 100% technical buy signals
- 44.49+Weighted Alpha
- 23.89% gain in the last year
- Trend Seeker buy signal
- Above its 20, 50, and 100-day moving averages
- 12 new highs and up 8.46% in the last month
- Relative Strength Index 72.53%
- Recently traded at $206.44 with 50-day moving average of $185.78
Fundamental Factors:
- Market Cap $ 11.50 billion
- P/E 48.06
- Revenue is expected to grow by 7.40% this year and another 17.10% next year
- Earnings are estimated to increase 12.16% next year and continue to increase at an annual rate of 14.26% for the next 5 years
Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:
- Wall Street analysts have 14 strong buy, 5 buy, 4 hold, and 1 underperform opinion in place on this stock
- Analysts have price targets from $149 to $240 (wide range)
- Value Line has a Timeliness rating of 1 (its Highest plus a Financial Strength rating of A) - Its 3 -5 year price target is $265 to $395
- CFRAs Market scope has a 4 Star Buy raring
- 16,790 investors monitor the stock on Seeking Alpha
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Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the ...
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