StockNews.com Upgrades Five Below (NASDAQ:FIVE) to Hold

StockNews.com upgraded shares of Five Below (NASDAQ:FIVE - Free Report) from a sell rating to a hold rating in a research note released on Monday.

Several other research analysts have also recently weighed in on FIVE. Barclays reduced their price target on shares of Five Below from $100.00 to $93.00 and set an "equal weight" rating for the company in a report on Thursday, March 20th. Craig Hallum upped their price target on Five Below from $125.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Telsey Advisory Group lowered their price objective on shares of Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a report on Tuesday, March 18th. Truist Financial reduced their target price on shares of Five Below from $93.00 to $86.00 and set a "hold" rating for the company in a report on Thursday, March 20th. Finally, Loop Capital lowered their price target on shares of Five Below from $120.00 to $75.00 and set a "hold" rating on the stock in a research note on Tuesday, March 18th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $102.16.

Remove Ads

Five Below Price Performance

FIVE traded down $3.86 during mid-day trading on Monday, hitting $75.51. The stock had a trading volume of 384,989 shares, compared to its average volume of 1,856,224. The stock's fifty day simple moving average is $86.40 and its 200-day simple moving average is $92.57. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 15.58, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below has a 1-year low of $64.87 and a 1-year high of $182.99.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping the consensus estimate of $3.38 by $0.10. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the business posted $3.65 EPS. The firm's revenue was up 4.0% compared to the same quarter last year. As a group, research analysts expect that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the sale, the executive vice president now directly owns 12,658 shares of the company's stock, valued at $987,830.32. This trade represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Eric M. Specter sold 5,494 shares of the business's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now directly owns 57,267 shares of the company's stock, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

Hedge Funds Weigh In On Five Below

A number of institutional investors have recently added to or reduced their stakes in the stock. UMB Bank n.a. grew its stake in shares of Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock worth $35,000 after buying an additional 204 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Five Below during the third quarter valued at about $30,000. Coppell Advisory Solutions LLC grew its holdings in shares of Five Below by 143.8% during the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 253 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Five Below in the third quarter valued at approximately $42,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after buying an additional 558 shares during the last quarter.

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.