Breakfast Technical Briefing on Five Below and Three Other Additional Specialty Retail Stocks
Stock Research Monitor: TSCO, ULTA, and ZAGG
LONDON, UK / ACCESSWIRE / June 5, 2018 / If you want a free Stock Review on FIVE sign up now at www.wallstequities.com/registration. Today, WallStEquities.com recalls the recent performance of Five Below Inc. (NASDAQ: FIVE), Tractor Supply Co. (NASDAQ: TSCO), Ulta Beauty Inc. (NASDAQ: ULTA), and ZAGG Inc. (NASDAQ: ZAGG). These companies belong to the Specialty Retail industry, which consists of automotive, specialty stores, and fuel retailing. The industry is highly fragmented and dependent upon macroeconomic factors such as GDP, disposable income, and consumer spending. Competitive rivalry in this segment is high, with a medium barrier to entry in the market. All you have to do is sign up today for this free limited time offer by clicking the link below.
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Five Below
Philadelphia, Pennsylvania headquartered Five Below Inc.’s shares jumped 8.19%, closing Monday’s trading session at $77.24. The stock recorded a trading volume of 2.38 million shares, which was above its three months average volume of 1.38 million shares.
The Company’s shares have advanced 7.29% in the last month, 10.82% over the previous three months, and 47.94% over the past year. The stock is trading 6.39% above its 50-day moving average and 21.67% above its 200-day moving average. Additionally, shares of Five Below, which operates as a specialty value retailer in the US, have a Relative Strength Index (RSI) of 63.65.
On May 23rd, 2018, Five Below announced that its financial results for Q1 FY18 will be released after market close on June 06th, 2018. The Company will host a conference call at 4:30 p.m. ET that same day to discuss the financial results. A live audio webcast of the conference call will be available on the Company’s investor website.
On June 04th, 2018, research firm JP Morgan initiated an ‘Overweight’ rating on the Company’s stock, with a target price of $87 per share. Get the full research report on FIVE for free by clicking below at:
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Tractor Supply
On Monday, shares in Brentwood, Tennessee headquartered Tractor Supply Co. recorded a trading volume of 2.33 million shares, which was above their three months average volume of 1.88 million shares. The stock rose slightly by 0.53%, ending the day at $75.53. The Company’s shares have advanced 14.18% in the past month, 17.25% in the previous three months, and 35.82% over the past year. The stock is trading above its 50-day and 200-day moving averages by 14.93% and 15.03%, respectively. Furthermore, shares of Tractor Supply, which operates rural lifestyle retail stores in the US, have an RSI of 71.20.
On May 22nd, 2018, research firm Piper Jaffray reiterated its ‘Overweight’ rating on the Company’s stock with an increase of the target price from $78 a share to $85 a share.
On May 24th, 2018, Tractor Supply announced its participation in Baird’s 2018 Global Consumer, Technology, and Services Conference on June 07th, 2018. Greg Sandfort, CEO; Kurt Barton, CFO; and Mary Winn Pilkington, Vice President, Investor and Public Relations, will attend this conference. The Company’s 30-minute presentation will begin at 9:40 a.m. ET and will be webcast live on its investor relations website. TSCO’s complimentary research coverage is a few simple steps away at:
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Ulta Beauty
Bolingbrook, Illinois-based Ulta Beauty Inc.’s stock finished the day 4.67% higher at $256.60. A total volume of 1.46 million shares was traded, which was above their three months average volume of 1.20 million shares. The Company’s shares have advanced 3.94% in the last month and 29.67% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 9.33% and 15.96%, respectively. Additionally, shares of Ulta Beauty, which operates as a beauty retailer in the US, have an RSI of 63.10.
On May 25th, 2018, research firm Telsey Advisory Group reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $260 a share to $290 a share.
On May 31st, 2018, Ulta Beauty announced its results for Q1 ended May 05th, 2018. Net sales for the quarter were $1,543.7 million, gross profit was 36.3%, operating income was $209.8 million, and net income was $164.4 million. The Company ended Q1 of fiscal 2018 with $469.1 million in cash and short-term investments. Register for your free research report on ULTA at:
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ZAGG Inc.
Shares in Midvale, Utah headquartered ZAGG Inc. ended yesterday’s session 0.33% lower at $15.20. The stock recorded a trading volume of 330,773 shares. The Company’s shares have surged 32.17% in the last month and 78.82% over the past year. The stock is trading 17.00% above its 50-day moving average. Moreover, shares of ZAGG, which together with its subsidiaries, designs, manufactures, and distributes mobile tech accessories for smartphones and tablets in the US, Europe, and internationally, have an RSI of 63.84.
On May 17th, 2018, InvisibleShield®, a ZAGG brand, announced a strategic partnership with CPR Cell Phone Repair, the largest and fastest growing repair franchise in North America. The partnership will align more than 430 CPR franchise locations in the US and Canada, with ZAGG franchise locations as premier destinations for same-day cell phone repair and refurbishing services, InvisibleShield screen protection sales, and InvisibleShield warranty replacement services. Wall St. Equities’ downloadable research report on ZAGG available at:
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