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

Five Below (NASDAQ:FIVE) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Friday.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. lifted their target price on shares of Five Below from $83.00 to $110.00 and gave the stock an “underweight” rating in a report on Thursday, December 5th. Evercore ISI increased their target price on Five Below from $100.00 to $104.00 and gave the company an “in-line” rating in a research note on Tuesday, October 22nd. Telsey Advisory Group raised their price objective on shares of Five Below from $95.00 to $115.00 and gave the stock a “market perform” rating in a research note on Thursday, December 5th. Craig Hallum increased their target price on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, UBS Group lowered their price target on shares of Five Below from $120.00 to $108.00 and set a “buy” rating on the stock in a report on Wednesday, August 21st. Three investment 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 MarketBeat.com, Five Below presently has a consensus rating of “Hold” and an average price target of $116.15.

Five Below Stock Performance

FIVE opened at $103.79 on Friday. The company has a market cap of $5.71 billion, a PE ratio of 21.40, a price-to-earnings-growth ratio of 1.15 and a beta of 1.18. The stock has a 50-day moving average of $93.35 and a 200-day moving average of $93.99. Five Below has a 52-week low of $64.87 and a 52-week high of $216.18.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 period in the previous year, the company earned $0.26 EPS. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. On average, research analysts predict that Five Below will post 4.93 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Paladin Wealth LLC acquired a new stake in shares of Five Below in the 3rd quarter valued at $26,000. Brooklyn Investment Group bought a new stake in Five Below during the 3rd quarter worth about $30,000. Hobbs Group Advisors LLC bought a new position in Five Below in the second quarter valued at approximately $44,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Five Below in the 2nd quarter worth $50,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Five Below during the third quarter worth $42,000.

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.