Five Below, Inc. (NASDAQ:FIVE) Short Interest Update

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,320,000 shares, an increase of 8.5% from the December 15th total of 3,980,000 shares. Currently, 8.0% of the company's shares are short sold. Based on an average daily volume of 1,790,000 shares, the short-interest ratio is presently 2.4 days.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FIVE. Guggenheim boosted their target price on shares of Five Below from $125.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Craig Hallum boosted their price target on Five Below from $125.00 to $150.00 and gave the company a "buy" rating in a report on Thursday, December 5th. JPMorgan Chase & Co. reduced their price objective on Five Below from $107.00 to $102.00 and set an "underweight" rating on the stock in a report on Thursday. KeyCorp cut Five Below from an "overweight" rating to a "sector weight" rating in a report on Thursday, November 7th. Finally, Barclays lifted their price objective on Five Below from $90.00 to $100.00 and gave the company an "equal weight" rating in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $115.75.

Five Below Stock Performance

Shares of NASDAQ FIVE traded down $2.19 during mid-day trading on Monday, hitting $90.64. The stock had a trading volume of 2,526,163 shares, compared to its average volume of 1,436,047. The firm has a market cap of $4.99 billion, a PE ratio of 18.69, a PEG ratio of 0.96 and a beta of 1.14. The company has a 50 day moving average of $98.94 and a two-hundred day moving average of $90.53. Five Below has a twelve month low of $64.87 and a twelve month high of $212.01.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.26. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. During the same period in the prior year, the company earned $0.26 earnings per share. The company's revenue was up 14.6% on a year-over-year basis. Equities research analysts predict that Five Below will post 4.92 EPS for the current fiscal year.

Hedge Funds Weigh In On Five Below

A number of institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its stake in shares of Five Below by 41.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer's stock worth $54,272,000 after acquiring an additional 180,902 shares during the period. National Bank of Canada FI boosted its holdings in Five Below by 155.2% in the third quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer's stock valued at $6,964,000 after purchasing an additional 47,940 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Five Below during the 3rd quarter worth about $3,282,000. Algert Global LLC raised its stake in shares of Five Below by 364.2% during the 3rd quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer's stock valued at $2,282,000 after buying an additional 20,266 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Five Below by 72.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 21,815 shares of the specialty retailer's stock valued at $1,927,000 after buying an additional 9,188 shares during the period.

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.