Five Below, Inc. (NASDAQ:FIVE) Short Interest Up 5.3% in October

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 4,780,000 shares, a growth of 5.3% from the October 15th total of 4,540,000 shares. Based on an average daily trading volume, of 1,820,000 shares, the short-interest ratio is presently 2.6 days. Approximately 9.0% of the company's shares are short sold.

Five Below Trading Down 0.4 %

Shares of FIVE stock traded down $0.37 during trading hours on Monday, reaching $86.65. 1,509,220 shares of the company's stock were exchanged, compared to its average volume of 1,466,498. The stock's 50 day moving average is $91.59 and its 200-day moving average is $98.93. Five Below has a fifty-two week low of $64.87 and a fifty-two week high of $216.18. The company has a market cap of $4.77 billion, a price-to-earnings ratio of 17.13, a P/E/G ratio of 0.96 and a beta of 1.20.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.54. The business had revenue of $830.07 million during the quarter, compared to analysts' expectations of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. Equities analysts anticipate that Five Below will post 4.57 EPS for the current year.

Wall Street Analyst Weigh In

FIVE has been the topic of several recent analyst reports. Melius Research started coverage on Five Below in a research note on Monday, September 23rd. They set a "hold" rating and a $100.00 price target for the company. Bank of America downgraded Five Below from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $98.00 to $75.00 in a research report on Wednesday, November 6th. JPMorgan Chase & Co. cut shares of Five Below from a "neutral" rating to an "underweight" rating and upped their price target for the stock from $89.00 to $95.00 in a report on Thursday, September 19th. KeyCorp cut shares of Five Below from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 7th. Finally, Telsey Advisory Group reduced their target price on shares of Five Below from $120.00 to $102.00 and set an "outperform" rating on the stock in a research report on Thursday, August 29th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $106.40.

Institutional Investors Weigh In On Five Below

Several hedge funds have recently added to or reduced their stakes in the business. LRI Investments LLC acquired a new stake in Five Below in the 1st quarter valued at $38,000. Paladin Wealth LLC acquired a new stake in Five Below in the 3rd quarter valued at approximately $26,000. Partnership Wealth Management LLC lifted its position in shares of Five Below by 2,000.0% during the second quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer's stock worth $34,000 after purchasing an additional 300 shares in the last quarter. Brooklyn Investment Group purchased a new position in Five Below in the third quarter valued at $30,000. Finally, Natixis purchased a new stake in shares of Five Below in the 1st quarter valued at approximately $73,000.

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.