StockNews.com Upgrades Five Below (NASDAQ:FIVE) to Hold

Five Below (NASDAQ:FIVE) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Monday.

FIVE has been the topic of a number of other reports. Loop Capital reduced their target price on shares of Five Below from $120.00 to $75.00 and set a “hold” rating on the stock in a report on Tuesday, March 18th. Craig Hallum increased their target price on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. The Goldman Sachs Group cut their price target on shares of Five Below from $117.00 to $102.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Mizuho decreased their target price on shares of Five Below from $105.00 to $88.00 and set a “neutral” rating for the company in a research report on Thursday, March 20th. Finally, UBS Group lowered their target price on shares of Five Below from $150.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $102.16.

Five Below Stock Performance

NASDAQ FIVE opened at $77.01 on Monday. The company has a fifty day moving average of $87.00 and a 200-day moving average of $92.77. The company has a market capitalization of $4.24 billion, a P/E ratio of 15.88, a P/E/G ratio of 1.19 and a beta of 1.11. Five Below has a 52-week low of $64.87 and a 52-week high of $185.48.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.65 earnings per share. As a group, analysts forecast that Five Below will post 4.93 EPS for the current fiscal year.

Insider Activity at Five Below

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

Institutional Trading of Five Below

Large investors have recently made changes to their positions in the company. Brooklyn Investment Group acquired a new position in shares of Five Below in the third quarter valued at approximately $30,000. Proficio Capital Partners LLC acquired a new position in Five Below during the fourth quarter valued at approximately $31,000. UMB Bank n.a. lifted its position in shares of Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Five Below during the 3rd quarter valued at $42,000. Finally, Coppell Advisory Solutions LLC grew its position in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 253 shares during the last quarter.

About Five Below

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.