Mizuho Issues Pessimistic Forecast for Five Below (NASDAQ:FIVE) Stock Price

Five Below (NASDAQ:FIVE) had its price target reduced by investment analysts at Mizuho from $105.00 to $88.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the specialty retailer’s stock. Mizuho’s price objective suggests a potential upside of 15.42% from the company’s previous close.

Several other research analysts also recently commented on FIVE. Guggenheim lifted their price target on Five Below from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. dropped their target price on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. UBS Group reduced their price target on shares of Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a report on Thursday. William Blair restated a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Finally, The Goldman Sachs Group increased their target price on shares of Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $102.16.

Five Below Trading Up 0.2 %

Shares of Five Below stock opened at $76.24 on Thursday. The firm has a fifty day simple moving average of $87.76 and a 200-day simple moving average of $92.52. The stock has a market capitalization of $4.19 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 1.19 and a beta of 1.11. Five Below has a 1-year low of $64.87 and a 1-year high of $185.48.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.10. The firm 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 revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.65 EPS. As a group, research analysts predict that Five Below will post 4.93 earnings per share for the current year.

Insider Activity at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the company’s 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 transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.90% of the stock is currently owned by company insiders.

Institutional Trading of Five Below

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Steadfast Capital Management LP bought a new position in shares of Five Below in the 4th quarter valued at about $123,601,000. Marshall Wace LLP lifted its holdings in Five Below by 86.0% in the fourth quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer’s stock valued at $243,529,000 after buying an additional 1,072,642 shares during the period. Atreides Management LP bought a new position in Five Below in the third quarter valued at approximately $68,649,000. Two Sigma Advisers LP acquired a new stake in Five Below during the 3rd quarter worth $64,981,000. Finally, Norges Bank bought a new stake in shares of Five Below during the 4th quarter valued at $66,933,000.

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.