Five Below (NASDAQ:FIVE) Price Target Cut to $125.00 by Analysts at Guggenheim

Five Below (NASDAQ:FIVE) had its price target cut by Guggenheim from $140.00 to $125.00 in a report released on Friday,Benzinga reports. They currently have a buy rating on the specialty retailer’s stock.

FIVE has been the subject of several other research reports. Barclays dropped their target price on Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a research report on Thursday. Loop Capital dropped their target price on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research report on Tuesday. UBS Group lowered their price target on Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a report on Thursday. StockNews.com cut Five Below from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Five Below in a research note on Thursday. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $102.16.

Five Below Price Performance

Shares of NASDAQ FIVE opened at $76.24 on Friday. Five Below has a 1-year low of $64.87 and a 1-year high of $185.48. The business’s 50 day moving average is $87.76 and its two-hundred day moving average is $92.52. The stock has a market capitalization of $4.19 billion, a P/E ratio of 15.72, a PEG ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the business earned $3.65 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Five Below

Hedge funds and other institutional investors have recently made changes to their positions in the business. UMB Bank n.a. lifted its holdings in shares of Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 204 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Five Below during the 3rd quarter valued at $30,000. Coppell Advisory Solutions LLC raised its stake in Five Below by 143.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 253 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Five Below in the 3rd quarter worth $42,000. Finally, EverSource Wealth Advisors LLC raised its stake 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 worth $61,000 after acquiring 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.