Five Below (NASDAQ:FIVE) Shares Up 3.9% – What’s Next?

Five Below, Inc. (NASDAQ:FIVE) traded up 3.9% during mid-day trading on Wednesday . The company traded as high as $79.86 and last traded at $79.48. Approximately 153,130 shares were traded during trading, a decline of 91% from the average session volume of 1,787,883 shares. The stock had previously closed at $76.48.

Analysts Set New Price Targets

FIVE has been the subject of a number of recent analyst reports. Evercore ISI lowered their price objective on Five Below from $93.00 to $90.00 and set an “in-line” rating for the company in a research note on Tuesday. Bank of America decreased their price objective on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating for the company in a report on Thursday, March 20th. Morgan Stanley restated an “equal weight” rating on shares of Five Below in a research note on Thursday, March 20th. UBS Group decreased their price target on Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, March 20th. Finally, StockNews.com raised Five Below from a “sell” rating to a “hold” rating in a report on Monday, March 24th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $101.42.

Five Below Trading Down 27.8 %

The company’s 50-day moving average price is $84.46 and its two-hundred day moving average price is $92.00. The company has a market cap of $3.24 billion, a P/E ratio of 12.13, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.10. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.65 earnings per share. Equities analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insider Activity at Five Below

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares in the company, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Ronald James Masciantonio sold 584 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41 % decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Five Below

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FIVE. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Five Below by 17.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,667 shares of the specialty retailer’s stock worth $1,207,000 after acquiring an additional 1,981 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Five Below by 1.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 141,026 shares of the specialty retailer’s stock worth $12,460,000 after purchasing an additional 1,738 shares during the last quarter. Quarry LP raised its stake in shares of Five Below by 1,187.3% during the 3rd quarter. Quarry LP now owns 1,828 shares of the specialty retailer’s stock worth $162,000 after purchasing an additional 1,686 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in shares of Five Below during the 3rd quarter valued at about $465,000. Finally, Quadrature Capital Ltd acquired a new position in Five Below in the third quarter worth approximately $3,192,000.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.