This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: Five Below, Inc. (FIVE)
Earnings Release Date: 3/21/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Five Below, Inc. (FIVE) will be posting its FQ4-18 quarterly earnings results today at close. [FIVE] is expected to post earnings of $1.17 per share on revenue of $501.46 Million. In the last quarter, the company reported $.18 earnings per share BEATING the analysts’ consensus estimate of $.13 The stock is currently trading at $69.44 per share.
Last 3 Quarters – “Jump Zone” Move: -4.49%, -6.63%, -3.17%
Consensus Estimates: ($1.17 whisper) ($.1.19 estimize) ($ ($1.17 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates)
ANALYSIS: StockJumpers trajectory analysis reveals a drop post release even on a small beat. We see this stock as over heated even though the company is doing well on most of the metrics. This is an unusual retailer, but is prone to the fickleness of fads. We think investment sentiment is losing steam and this quarter would be the right timing for a correction.
We are SHORT for the event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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