Five Below (NASDAQ:FIVE) Price Target Lowered to $25.00 at DA Davidson

Five Below (NASDAQ:FIVE) had its target price lowered by DA Davidson from $50.00 to $25.00 in a report issued on Monday morning,Benzinga reports. DA Davidson currently has a neutral rating on the specialty retailer’s stock.

A number of other analysts have also recently issued reports on the stock. Telsey Advisory Group cut their target price on shares of Five Below from $115.00 to $85.00 and set a “market perform” rating for the company in a research note on Tuesday, March 18th. UBS Group cut their price objective on shares of Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. Guggenheim decreased their target price on Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Morgan Stanley reiterated an “equal weight” rating on shares of Five Below in a research note on Thursday, March 20th. Finally, The Goldman Sachs Group reduced their price target on Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a research note on Friday, March 21st. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $94.30.

Five Below Price Performance

Five Below stock opened at $63.56 on Monday. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $159.80. The firm has a market capitalization of $3.50 billion, a PE ratio of 13.11, a P/E/G ratio of 1.19 and a beta of 1.01. The company’s 50-day moving average is $78.16 and its 200-day moving average is $89.69.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data 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 firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the company earned $3.65 earnings per share. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. As a group, analysts expect that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the firm’s stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the sale, the executive vice president now directly owns 12,658 shares in the company, valued at approximately $987,830.32. This trade represents a 4.41 % 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. Also, CAO Eric M. Specter sold 5,494 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Five Below

Large investors have recently added to or reduced their stakes in the business. UMB Bank n.a. grew its stake in shares of 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 acquiring an additional 204 shares in the last quarter. 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 valued at $45,000 after acquiring an additional 253 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Five Below during the third quarter worth about $42,000. EverSource Wealth Advisors LLC increased 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 purchasing an additional 558 shares in the last quarter. Finally, R Squared Ltd bought a new stake in Five Below during the 4th quarter valued at $68,000.

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.