Guggenheim Lowers Five Below (NASDAQ:FIVE) Price Target to $125.00

Five Below (NASDAQ:FIVE) had its target price decreased by analysts at Guggenheim from $140.00 to $125.00 in a report released on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the specialty retailer’s stock. Guggenheim’s target price indicates a potential upside of 63.96% from the stock’s previous close.

A number of other equities research analysts have also issued reports on FIVE. Craig Hallum increased their price target on Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. UBS Group dropped 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. StockNews.com lowered Five Below from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. Bank of America lowered their price target on Five Below from $88.00 to $75.00 and set an “underperform” rating for the company in a report on Thursday. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Five Below in a report on Thursday. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $102.16.

Five Below Trading Up 0.2 %

FIVE stock opened at $76.24 on Friday. The stock’s 50 day simple moving average is $87.76 and its 200 day simple moving average is $92.63. The stock has a market capitalization of $4.19 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below has a 12-month low of $64.87 and a 12-month high of $185.48.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.10. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The company’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.65 EPS. On average, research analysts predict that Five Below will post 4.93 earnings per share for the current year.

Insider Transactions 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 directly 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Five Below

Hedge funds have recently made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in Five Below in the third quarter valued at $30,000. Proficio Capital Partners LLC acquired a new position in shares of Five Below during the 4th quarter worth about $31,000. UMB Bank n.a. raised its position in shares of Five Below by 156.9% during 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 last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Five Below during the 3rd quarter worth about $42,000. Finally, Coppell Advisory Solutions LLC raised its position in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 253 shares during the last quarter.

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.