Mizuho Has Lowered Expectations for Five Below (NASDAQ:FIVE) Stock Price

Five Below (NASDAQ:FIVE - Get Free Report) had its price target decreased by stock analysts at Mizuho from $105.00 to $88.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the specialty retailer's stock. Mizuho's price target would indicate a potential upside of 11.68% from the stock's previous close.

FIVE has been the subject of a number of other research reports. JPMorgan Chase & Co. cut their target price on shares of Five Below from $107.00 to $102.00 and set an "underweight" rating for the company in a research report on Thursday, January 16th. StockNews.com lowered Five Below from a "hold" rating to a "sell" rating in a report on Friday, December 13th. Loop Capital reduced their price objective on Five Below from $120.00 to $75.00 and set a "hold" rating for the company in a research report on Tuesday, March 18th. The Goldman Sachs Group increased their price target on shares of Five Below from $106.00 to $122.00 and gave the company a "buy" rating in a report on Friday, December 6th. Finally, William Blair restated a "market perform" rating on shares of Five Below in a report on Monday, December 2nd. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $102.16.

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Five Below Stock Performance

Shares of FIVE traded up $2.56 during trading hours on Thursday, hitting $78.80. 572,736 shares of the company were exchanged, compared to its average volume of 1,757,652. The company has a market cap of $4.33 billion, a PE ratio of 16.25, a PEG ratio of 1.19 and a beta of 1.11. The firm's 50 day moving average is $87.76 and its 200-day moving average is $92.76. Five Below has a 52 week low of $64.87 and a 52 week high of $185.48.

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

Insider Buying and Selling at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 1.90% of the company's stock.

Hedge Funds Weigh In On Five Below

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Five Below by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer's stock worth $529,792,000 after purchasing an additional 43,537 shares during the last quarter. Wasatch Advisors LP lifted its position in Five Below by 3.7% during the 4th quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer's stock worth $254,012,000 after buying an additional 86,271 shares in the last quarter. Marshall Wace LLP grew its holdings in Five Below by 86.0% during the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock worth $243,529,000 after acquiring an additional 1,072,642 shares during the last quarter. State Street Corp increased its position in Five Below by 1.9% in the 3rd quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer's stock valued at $146,865,000 after acquiring an additional 31,520 shares in the last quarter. Finally, Steadfast Capital Management LP bought a new position in shares of Five Below in the fourth quarter worth about $123,601,000.

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.