FMP
Sep 19, 2024 7:25 AM - Davit Kirakosyan
Image credit: FMP
Five Below (NASDAQ:FIVE) shares fell more than 2% pre-market on Thursday after JPMorgan analysts downgraded the company to Underweight from Neutral, adjusting their price target to $95 from $89.
The analysts highlighted concerns over Five Below’s performance, noting that in 9 of the last 10 quarters, the company's "comp ticket," or average basket size, has declined year-over-year as consumers stick to strict budgets. The analysts also pointed out that the boost from the "Five Beyond" initiative is expected to diminish in fiscal 2025 and 2026 as the overall comparable base grows. Additionally, Five Below faces potential margin pressures in 2025 due to labor investments and executive compensation, which could limit profit flow-through as the company works on initiatives around pricing and product strategies.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...