Five Below, Inc. (NASDAQ:FIVE – Get Free Report) traded down 3.6% on Wednesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from $201.00 to $177.00. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Five Below traded as low as $132.50 and last traded at $132.88. 1,789,082 shares were traded during mid-day trading, an increase of 100% from the average session volume of 895,446 shares. The stock had previously closed at $137.87.
Several other research firms have also commented on FIVE. Telsey Advisory Group reiterated an “outperform” rating and issued a $220.00 target price on shares of Five Below in a research note on Friday, May 31st. Wells Fargo & Company upgraded Five Below from an “equal weight” rating to an “overweight” rating and set a $180.00 target price for the company in a research note on Thursday, April 25th. StockNews.com lowered Five Below from a “hold” rating to a “sell” rating in a research note on Thursday, May 30th. Truist Financial dropped their price target on Five Below from $204.00 to $176.00 and set a “buy” rating for the company in a research note on Tuesday, May 28th. Finally, UBS Group dropped their price target on Five Below from $270.00 to $245.00 and set a “buy” rating for the company in a research note on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and fourteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $203.00.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of FIVE. V Square Quantitative Management LLC purchased a new position in Five Below in the fourth quarter valued at about $26,000. Rise Advisors LLC acquired a new stake in Five Below during the first quarter valued at approximately $28,000. Planned Solutions Inc. acquired a new stake in Five Below during the fourth quarter valued at approximately $34,000. CVA Family Office LLC acquired a new stake in Five Below during the fourth quarter valued at approximately $36,000. Finally, Quest Partners LLC acquired a new stake in Five Below during the fourth quarter valued at approximately $37,000.
Five Below Stock Down 3.3 %
The company has a 50 day simple moving average of $148.85 and a 200-day simple moving average of $178.53. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 1.14 and a beta of 1.17.
Five Below (NASDAQ:FIVE – Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.78 by ($0.13). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the previous year, the company earned $3.07 EPS. The company’s quarterly revenue was up 19.1% compared to the same quarter last year. On average, equities research analysts expect that Five Below, Inc. will post 6.01 EPS for the current fiscal year.
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.