Key Takeaways:
- Five Below (FIVE, Financial) has requested vendors to halt shipments from China amid supply chain disruptions.
- Analysts have set an average price target of $98.17 for FIVE, indicating significant upside potential.
- The stock boasts an "Outperform" rating with a substantial potential gain as estimated by GuruFocus.
Five Below Inc. (NASDAQ: FIVE) is under scrutiny as the company has strategically decided to ask its vendors to suspend shipments from China. This decision is largely a response to the ongoing supply chain challenges that have been affecting industries worldwide.
Wall Street Analysts' Forecasts
The current sentiment from 18 Wall Street analysts suggests an average price target of $98.17 for Five Below Inc. (FIVE, Financial). This range includes a high estimate reaching up to $138.00, while the lowest prediction is at $65.00. The average target price hints at a promising upside of 62.34% from the present trading price of $60.47. Investors seeking more in-depth forecast data can explore the complete analysis on the Five Below Inc (FIVE) Forecast page.
Moreover, based on insights from 23 brokerage firms, Five Below Inc. holds an average brokerage recommendation of 2.5, categorizing it under the "Outperform" rating. This recommendation scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 a Sell, positioning Five Below favorably among analysts.
According to GuruFocus' estimates, the projected GF Value for Five Below Inc. in one year stands at $224.51. This implies a substantial upside potential of 271.28% from the current price of $60.47. The GF Value metric is GuruFocus' assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance projections. For more comprehensive data, visit the Five Below Inc (FIVE, Financial) Summary page.
