Telsey Advisory Group Issues Pessimistic Forecast for Five Below (NASDAQ:FIVE) Stock Price

Five Below (NASDAQ:FIVE) had its price objective reduced by Telsey Advisory Group from $115.00 to $85.00 in a research report sent to investors on Tuesday morning, Marketbeat.com reports. They currently have a market perform rating on the specialty retailer’s stock.

A number of other equities analysts have also commented on the stock. Morgan Stanley raised their price objective on shares of Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Guggenheim lifted their price target on Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Mizuho increased their price objective on Five Below from $90.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Barclays lifted their target price on Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, JPMorgan Chase & Co. dropped their target price on Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $104.00.

Five Below Stock Up 0.7 %

Shares of NASDAQ FIVE opened at $76.11 on Tuesday. Five Below has a 12 month low of $64.87 and a 12 month high of $187.83. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 15.69, a P/E/G ratio of 1.19 and a beta of 1.11. The business has a fifty day simple moving average of $88.30 and a 200-day simple moving average of $92.51.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.65 earnings per share. As a group, sell-side analysts expect that Five Below will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FIVE. Charles Schwab Investment Management Inc. lifted its position in Five Below by 41.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock worth $54,272,000 after acquiring an additional 180,902 shares during the last quarter. National Bank of Canada FI increased its stake in shares of Five Below by 155.2% in the third quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer’s stock worth $6,964,000 after purchasing an additional 47,940 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Five Below during the 3rd quarter worth about $3,282,000. Algert Global LLC boosted its stake in Five Below by 364.2% during the 3rd quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer’s stock valued at $2,282,000 after purchasing an additional 20,266 shares during the period. Finally, Prestige Wealth Management Group LLC acquired a new stake in Five Below in the 3rd quarter valued at approximately $522,000.

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.