News stories about Five Below (NASDAQ:FIVE) have been trending somewhat positive on Sunday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Five Below earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 46.8797715027922 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s rankings:
Several brokerages have weighed in on FIVE. BidaskClub raised Five Below from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 7th. KeyCorp reaffirmed a “hold” rating on shares of Five Below in a research note on Friday, November 10th. Gordon Haskett downgraded Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 target price on the stock. in a research note on Friday, December 1st. Morgan Stanley lifted their target price on Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 27th. Finally, Buckingham Research lifted their target price on Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $64.33.
Five Below (NASDAQ:FIVE) traded up $2.40 on Friday, hitting $66.92. The stock had a trading volume of 1,169,796 shares, compared to its average volume of 1,090,000. Five Below has a 12 month low of $37.14 and a 12 month high of $73.55. The company has a market cap of $3,700.00, a P/E ratio of 43.74, a PEG ratio of 0.95 and a beta of 0.67.
Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The company had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. During the same quarter in the previous year, the business earned $0.10 EPS. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. equities research analysts predict that Five Below will post 1.81 earnings per share for the current year.
In other news, Director Ronald Sargent sold 80,000 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total value of $5,247,200.00. Following the sale, the director now owns 29,429 shares of the company’s stock, valued at approximately $1,930,248.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eric M. Specter sold 15,000 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $67.08, for a total value of $1,006,200.00. Following the completion of the sale, the insider now directly owns 13,883 shares in the company, valued at approximately $931,271.64. The disclosure for this sale can be found here. Insiders sold a total of 143,400 shares of company stock worth $9,474,401 in the last three months. Company insiders own 3.22% of the company’s stock.
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About Five Below
Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.
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