Notable Upgrades: GoPro (GPRO), Textura Corp (TXTR), Apple Inc. (AAPL), E*Trade (ETFC), Five Below, Inc. (FIVE)

Analysts at Robert W. Baird are out with a report this morning upgrading shares of GoPro, Inc. (GPRO) with a ‘Outperform‘ from ‘Neutral‘ rating. The firm, which views the name’s valuation as attractive relative to expected revenue and EPS growth, set its price target at $57.

GoPro Inc. shares are currently priced at 47.36x this year’s forecasted earnings, which makes them quite expensive compared to the industry’s 12.89x earnings multiple. Ticker has a forward P/E of 26.10 and t-12 price-to-sales ratio of 3.92. EPS for the same period is $0.92.

In the past 52 weeks, shares of San Mateo California-based company have traded between a low of $28.65 and a high of $98.47 and are now at $43.62. Shares are up year-over-year ; down 33.09% year-to-date.

Investment analysts at The Benchmark Company initiated coverage on shares of Textura Corporation (TXTR) in a note issued to investors on Thursday. The firm set a ‘Buy’ rating and a $35.00 price target on the stock. The firm’s price target would suggest a potential upside of 27.40% from the stock’s current price of $27.47.

In the past 52 weeks, shares of Deerfield, Illinois-based company have traded between a low of $13.80 and a high of $30.53 with the 50-day MA and 200-day MA located at $26.28 and $26.22 levels, respectively. Additionally, shares of TXTR trade at a P/E ratio of 3.34 and have a Relative Strength Index (RSI) and MACD indicator of 60.31 and +1.12, respectively.

TXTR currently prints a one year loss of about 4% and a year-to-date loss of around 7%.

Apple Inc. (AAPL) was reiterated an ‘Outperform’ by Credit Suisse (CS) analysts on Thursday. The broker also raised its price target on the stock to $145 from $140.

On valuation measures, Apple Inc. shares are currently priced at 16.84x this year’s forecasted earnings compared to the industry’s 25.67x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.07 and 13.34, respectively. Price/sales for the same period is 3.60 while EPS is $7.39. Currently there are 34 analysts that rate AAPL a ‘Buy’, 11 rate it a ‘Hold’. 2 analysts rate it a ‘Sell’. Apple has a median Wall Street price target of $145.00 with a high target of $180.00.

In the past 52 weeks, shares of the iPhone maker have traded between a low of $73.05 and a high of $133.60 and are now at $124.35. Shares are up 61.47% year-over-year and 12.21% year-to-date.

E*TRADE Financial Corporation (ETFC) was reiterated as ‘Overweight’ with a $32 from $28 price target on Thursday by Barclays. The firm views the financial services company as the most uniquely positioned of the eBroker.

ETFC shares recently gained $0.37 to $27.42. In the past 52 weeks, shares of New York-based firm have traded between a low of $18.20 and a high of $28.65. Shares are up 12.61% year-over-year and 11.50% year-to-date.

Five Below, Inc. (FIVE) rating of ‘Buy’ was reiterated today at UBS with a price target decrease of $41 from $44 (versus a $32.22 previous close).

On Thursday, Five Below, Inc. printed a higher than average trading volume with the issue trading 6.85 million shares, compared to the average volume of 1.27 million. The stock began trading this morning at $35.18 to currently trade 8.22% higher from the prior days close of $32.22. On an intraday basis it has gotten as low as $34.12 and as high as $36.36.

Five Below shares are now priced at 48.12x this year’s forecasted earnings, which makes them expensive compared to the industry’s 23.80x earnings multiple. The company’s current year and next year EPS growth estimates stand at 21.30% and 25.90% compared to the industry growth rates of 2.10% and 8.10%, respectively. FIVE has a t-12 price/sales ratio of 2.79. EPS for the same period registers at 0.73.

Five Below, Inc shares have advanced 0.41% in the last 4 weeks while declining 17.26% in the past three months. Over the past 5 trading sessions the stock has gained 5.92%. Shares are down 21.09% this year.

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