What analysts say:
- Buy, sell, or hold?: Analysts are bullish on Fred's as four analysts rate it as a buy and only one analyst rates it as a sell. Analysts don't like Fred's as much as competitor Gordman Stores overall. While analysts still rate the stock a Hold, they are a little more optimistic about it compared to three months ago.
- Revenue Forecasts: On average, analysts predict $446.8 million in revenue this quarter. That would represent a rise of 2.7% from the year-ago quarter.
- Wall Street Earnings Expectations: The average analyst estimate is earnings of 22 cents per share. Estimates range from 21 cents to 22 cents.
What our community says:
CAPS All Stars are solidly backing the stock with 77.8% granting it an "outperform" rating. The community at large agrees with the All Stars with 79.8% giving it a rating of "outperform." Fools are gung-ho about Fred's, though the message boards have been quiet lately with only 35 posts in the past 30 days. Despite the majority sentiment in favor of Fred's, the stock has a middling CAPS rating of three out of five stars.
Fred's' profit has risen year over year by an average of 30.7% over the past five quarters. Revenue has now gone up for three straight quarters.
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