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Five Below (FIVE) Soars: Stock Adds 8.6% in Session

Zacks Equity Research
·2 mins read

Five Below, Inc. FIVE was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 80.7% in the past one-month time frame.

The upmove came after the company's second quarter earnings trumped estimates.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Five Below currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

 

Five Below, Inc. Price

Five Below, Inc. Price
Five Below, Inc. Price

Five Below, Inc. price | Five Below, Inc. Quote

 

A better-ranked stock in the Retail-Wholesale sector is KAR Auction Services Inc KAR, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Five Below, Inc. (FIVE) : Free Stock Analysis Report
 
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To read this article on Zacks.com click here.
 
Zacks Investment Research