Alert: Negative Investment/Fundamental Signals (7/18/24)-Five Below Inc (NASDAQ: FIVE)

out_logo_500#69162.jpg

Five Below Inc (NASDAQ: FIVE) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.

Five Below Inc (NASDAQ: FIVE) suffers from notable negative changes in fundamentals: the consensus estimate for January, 2024 decreased significantly, and the consensus estimate for January, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.

out_mm#69162.jpg

Current PriceTarget Research Rating

FIVE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Five Below has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Five Below has a neutral Appreciation Score of 57 but a very low Power Rating of 3, leading to the Lowest Value Trend Rating.

Recent Price Action

On 7/18/24, Five Below Inc (NASDAQ: FIVE) stock declined slightly by -1.0%, closing at $75.75. Moreover, exceptionally high trading volume at 378% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -25.0% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*