Five Below
Five Below
FIVE
2.09% 
37%IBD Stock Analysis
- Five Below stock is working on a 198.20 buy point
- Shares are finding support at the 21-day line after testing the 50-day line.
- It is also in a base-on-base pattern after a prior ascending base.
Industry Group Ranking
Emerging Pattern
Flat Base
* Not real-time data. All data shown was captured at 12:49PM EST on 02/25/2021.
Five Below stock is the IBD Stock Of The Day as the retailer forms a base following blowout sales of trendy apparel and merchandise in the critical holiday period.
XDiscounter Five Below (FIVE) sells teen-oriented apparel and merchandise, generally priced below $5.
Last month, Five Below reported its strongest comp-sales growth in the holiday quarter since 2011. Net sales grew 21% for the three months that ended Jan. 2, with same-store sales up 10%. For all of 2020, Five Below expects to report sales growth of 5%-5.2%.
Five Below Stock Technical Analysis
Shares fell 2.9% to 188.95 on the stock market today. Five Below stock is forming a flat base with a 198.20 buy point, according to MarketSmith chart analysis.
FIVE stock is also in a base-on-base pattern after breaking out of a prior ascending base in December.
Shares had found support at the 21-day line after twice testing the 50-day line this month.
The relative strength line made a new high in mid-January but has pulled back a bit. A rising RS line means a stock is outperforming the S&P 500 index. It is the blue line in the chart shown.
Five Below holds a Relative Strength Rating of 81 out of a possible 99, according to IBD Stock Checkup. That means it has outperformed 81% of all stocks in the past year. Its IBD Composite Rating, which combines key fundamental and technical metrics in a single easy-to-use score, is a solid 87.
Five Below stock has an Accumulation/Distribution rating of B, indicating moderate buying by institutional investors, and shows three quarters of rising fund ownership.
Among other deep discounters, Ollie's Bargain Outlet (OLLI) fell 2.6%, Dollar General (DG) lost 2.5%, and Dollar Tree (DLTR) eased 2.9%.
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Five Below Earnings
On key fundamental metrics, Five Below scores reasonably well. It earns an EPS Rating of 88 out of 99. Earnings per share doubled in Q3, well above the three-year average of 3%. Sales growth came in at 26%, also above the three-year average of 15%.
Q4 results are likely due next month, and analysts expect EPS to climb 7.6% as sales jump 24.8%.
A CAN SLIM investor generally would want to see both quarterly and annual EPS growth above 25% in a top growth stock. However, huge beats in the latest two quarters, which saw both earnings and sales growth accelerate, promise well for Five Below stock.
In March 2020, Five Below shut all of its stores nationwide due to the coronavirus pandemic. Unlike Leaderboard stock Target (TGT), Five Below doesn't offer groceries and so was not considered an essential retailer that could stay open.
Customer visits cratered 93% from 2019 levels in April of last year. Five Below began reopening stores in May and went on to open 120 net new stores, ending 2020 with 1,020 stores.
Find Aparna Narayanan on Twitter at @IBD_Aparna.
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"five" - Google News
February 26, 2021 at 01:30AM
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Five Below, IBD Stock Of The Day, Forms New Base After Strong Sales Report - Investor's Business Daily
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