Five Below Sees Unusually High Options Volume (NASDAQ:FIVE)

Five Below, Inc. (NASDAQ:FIVE) saw some unusual options trading on Monday. Stock investors purchased 13,195 call options on the company. This is an increase of 137% compared to the typical volume of 5,578 call options.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on FIVE shares. Wells Fargo & Company dropped their price target on Five Below from $145.00 to $115.00 and set an “overweight” rating for the company in a report on Wednesday, July 17th. Bank of America lifted their price target on Five Below from $87.00 to $98.00 and gave the company a “neutral” rating in a report on Thursday, September 26th. Citigroup dropped their target price on shares of Five Below from $92.00 to $85.00 and set a “neutral” rating for the company in a research note on Wednesday, August 21st. KeyCorp decreased their price target on shares of Five Below from $115.00 to $106.00 and set an “overweight” rating on the stock in a research note on Thursday, August 29th. Finally, JPMorgan Chase & Co. cut shares of Five Below from a “neutral” rating to an “underweight” rating and boosted their price objective for the stock from $89.00 to $95.00 in a research report on Thursday, September 19th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Five Below presently has a consensus rating of “Hold” and a consensus target price of $111.60.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FIVE. BNP Paribas Financial Markets boosted its holdings in shares of Five Below by 30.4% in the 1st quarter. BNP Paribas Financial Markets now owns 13,573 shares of the specialty retailer’s stock valued at $2,462,000 after buying an additional 3,166 shares during the last quarter. Jennison Associates LLC acquired a new stake in Five Below in the 1st quarter valued at about $25,114,000. Whittier Trust Co. grew its holdings in Five Below by 4.4% during the first quarter. Whittier Trust Co. now owns 24,847 shares of the specialty retailer’s stock worth $4,507,000 after purchasing an additional 1,054 shares during the period. Whittier Trust Co. of Nevada Inc. increased its position in Five Below by 5.3% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 13,013 shares of the specialty retailer’s stock worth $2,360,000 after buying an additional 653 shares during the last quarter. Finally, McClarren Financial Advisors Inc. raised its stake in Five Below by 18,100.0% in the first quarter. McClarren Financial Advisors Inc. now owns 182 shares of the specialty retailer’s stock valued at $330,000 after buying an additional 181 shares during the period.

Five Below Stock Performance

Shares of FIVE opened at $95.00 on Tuesday. The stock has a 50 day simple moving average of $89.66 and a 200 day simple moving average of $103.20. Five Below has a 52-week low of $64.87 and a 52-week high of $216.18. The firm has a market capitalization of $5.23 billion, a PE ratio of 18.70, a P/E/G ratio of 1.05 and a beta of 1.20.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share for the quarter, hitting the consensus estimate of $0.54. The company had revenue of $830.07 million during the quarter, compared to analysts’ expectations of $821.95 million. Five Below had a return on equity of 18.16% and a net margin of 7.57%. Equities research analysts predict that Five Below will post 4.55 EPS for the current fiscal year.

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.