Five Below (NASDAQ:FIVE) Sets New 12-Month Low – Should You Sell?

Five Below, Inc. (NASDAQ:FIVE)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $59.13 and last traded at $59.83, with a volume of 1629069 shares traded. The stock had previously closed at $81.49.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. UBS Group reduced their price target on Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. Craig Hallum raised their price objective on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Truist Financial reduced their price target on shares of Five Below from $93.00 to $86.00 and set a “hold” rating for the company in a research report on Thursday, March 20th. StockNews.com raised Five Below from a “sell” rating to a “hold” rating in a research note on Monday, March 24th. Finally, Loop Capital reduced 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, March 18th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $101.42.

Five Below Stock Down 26.1 %

The firm has a market cap of $3.32 billion, a P/E ratio of 12.42, a PEG ratio of 1.19 and a beta of 1.11. The firm’s fifty day moving average is $85.12 and its two-hundred day moving average is $92.24.

Five Below (NASDAQ:FIVE) 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 net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period last year, the business posted $3.65 earnings per share. Five Below’s quarterly revenue was up 4.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Transactions at Five Below

In other news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction on 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 approximately $987,830.32. This represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Eric M. Specter sold 5,494 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

Institutional Trading of Five Below

Large investors have recently added to or reduced their stakes in the business. Proficio Capital Partners LLC purchased a new position in shares of Five Below during the 4th quarter worth $31,000. UMB Bank n.a. raised its holdings in Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Five Below during the third quarter valued at $42,000. Coppell Advisory Solutions LLC increased its position in Five Below by 143.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after buying an additional 253 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Five Below by 2,936.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after buying an additional 558 shares during the period.

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.