Five Below (NASDAQ:FIVE) Shares Down 5.8% - What's Next?

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) fell 5.8% on Monday . The stock traded as low as $102.74 and last traded at $102.80. 662,571 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 1,516,769 shares. The stock had previously closed at $109.17.

Analysts Set New Price Targets

A number of equities analysts have recently commented on FIVE shares. Loop Capital raised their price objective on shares of Five Below from $90.00 to $120.00 and gave the company a "hold" rating in a research report on Thursday, December 5th. Citigroup raised their price target on shares of Five Below from $85.00 to $96.00 and gave the company a "neutral" rating in a report on Monday, December 2nd. William Blair reaffirmed a "market perform" rating on shares of Five Below in a report on Monday, December 2nd. Wells Fargo & Company lifted their price objective on Five Below from $115.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, December 5th. Finally, JPMorgan Chase & Co. upped their target price on 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. Based on data from MarketBeat, Five Below currently has an average rating of "Hold" and a consensus target price of $116.15.

Five Below Stock Performance

The company has a market cap of $5.72 billion, a P/E ratio of 21.45, a price-to-earnings-growth ratio of 1.12 and a beta of 1.18. The business has a 50 day moving average price of $96.44 and a two-hundred day moving average price of $91.85.

Five Below (NASDAQ:FIVE - Get Free Report) last released 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 firm had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. During the same quarter in the prior year, the firm posted $0.26 earnings per share. The business's quarterly revenue was up 14.6% compared to the same quarter last year. As a group, research analysts expect that Five Below, Inc. will post 4.94 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FIVE. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Five Below by 3.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,686 shares of the specialty retailer's stock valued at $1,273,000 after purchasing an additional 431 shares during the period. International Assets Investment Management LLC purchased a new stake in Five Below in the second quarter worth about $124,000. Hantz Financial Services Inc. bought a new stake in Five Below during the 2nd quarter valued at approximately $161,000. Tandem Investment Advisors Inc. grew its holdings in shares of Five Below by 26.1% during the 2nd quarter. Tandem Investment Advisors Inc. now owns 24,141 shares of the specialty retailer's stock worth $2,631,000 after acquiring an additional 4,995 shares during the period. Finally, TD Asset Management Inc lifted its stake in shares of Five Below by 34.8% in the 2nd quarter. TD Asset Management Inc now owns 226,174 shares of the specialty retailer's stock valued at $24,646,000 after purchasing an additional 58,382 shares during the period.

About Five Below

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.