Five Below (FIVE) Looks Good: Stock Moves 6.8% Higher
Five Below, Inc. FIVE was a big mover last session, as the company saw its shares rise almost 7% on the day. The move came on the back of better-than-expected fourth-quarter 2015 results which led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $37.60 to $39.90 in the past one-month time frame.
The company has seen 1 positive and 1 negative estimate revision over the past 30 days, while the Zacks Consensus Estimate hasn’t been in a trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Five Below currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the same space is ULTA Salon, Cosmetics & Fragrance, Inc. ULTA sporting a Zacks Rank #1 (Strong Buy).
Is FIVE going up? Or down? Predict to see what others think: Up or Down
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ULTA SALON COSM (ULTA): Free Stock Analysis Report
FIVE BELOW INC (FIVE): Free Stock Analysis Report
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