Five Below (NASDAQ:FIVE) Rating Lowered to "Sell" at StockNews.com

Five Below (NASDAQ:FIVE - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Friday.

Other equities research analysts also recently issued research reports about the stock. Bank of America downgraded shares of Five Below from a "neutral" rating to an "underperform" rating and reduced their price objective for the company from $98.00 to $75.00 in a research report on Wednesday, November 6th. Melius Research initiated coverage on shares of Five Below in a research note on Monday, September 23rd. They issued a "hold" rating and a $100.00 price objective on the stock. KeyCorp cut shares of Five Below from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 7th. Guggenheim upped their price target on shares of Five Below from $125.00 to $140.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Five Below from $83.00 to $110.00 and gave the stock an "underweight" rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $116.15.

Five Below Trading Up 0.2 %

Shares of Five Below stock traded up $0.16 during trading on Friday, reaching $103.95. The company's stock had a trading volume of 1,845,043 shares, compared to its average volume of 1,524,676. The firm has a market cap of $5.72 billion, a PE ratio of 21.43, a P/E/G ratio of 1.12 and a beta of 1.18. The company has a 50-day moving average price of $93.55 and a two-hundred day moving average price of $93.79. Five Below has a fifty-two week low of $64.87 and a fifty-two week high of $216.18.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. During the same quarter last year, the company posted $0.26 earnings per share. The business's revenue was up 14.6% on a year-over-year basis. On average, analysts predict that Five Below will post 4.94 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Retirement Systems of Alabama grew its stake in shares of Five Below by 47.2% in the third quarter. Retirement Systems of Alabama now owns 151,344 shares of the specialty retailer's stock valued at $13,371,000 after buying an additional 48,524 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Five Below in the 3rd quarter worth approximately $42,000. Teachers Retirement System of The State of Kentucky grew its position in Five Below by 52.3% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 27,179 shares of the specialty retailer's stock valued at $2,401,000 after acquiring an additional 9,336 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Five Below by 1.2% during the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer's stock valued at $86,559,000 after purchasing an additional 11,504 shares during the period. Finally, Prestige Wealth Management Group LLC acquired a new position in shares of Five Below during the third quarter worth $522,000.

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.