Headlines about Five Below (NASDAQ:FIVE) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. 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 news impact score of 0.14 on Accern’s scale. Accern also assigned media coverage about the specialty retailer an impact score of 45.8653712079368 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Why Should Investors Reconsider MDC Holdings, Inc. (MDC) And Five Below, Inc. (FIVE)? – AllStockNews (allstocknews.com)
- Why You Should Still Hold Five Below, Inc. (FIVE) Stock Today – StockNewsGazette (stocknewsgazette.com)
- Five Below Inc (FIVE) and McCormick & Company Inc (MKC) Seeing Increased Volatility in Session – Evergreen Caller (evergreencaller.com)
- Five Below, Inc. Announces Second Quarter Fiscal 2017 Earnings Conference Call – GlobeNewswire (press release) (globenewswire.com)
Several research firms have weighed in on FIVE. Royal Bank Of Canada reiterated a “buy” rating and set a $50.00 target price on shares of Five Below in a research note on Monday, May 15th. Jefferies Group LLC boosted their target price on shares of Five Below from $55.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, May 9th. UBS AG boosted their target price on shares of Five Below from $50.00 to $59.00 and gave the company a “buy” rating in a research note on Friday, June 2nd. BidaskClub upgraded shares of Five Below from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Finally, Guggenheim reiterated a “buy” rating and set a $60.00 target price (up previously from $52.00) on shares of Five Below in a research note on Saturday, June 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $53.74.
Shares of Five Below (NASDAQ:FIVE) opened at 47.85 on Friday. The firm has a market cap of $2.64 billion, a P/E ratio of 36.00 and a beta of 0.94. Five Below has a 12-month low of $35.03 and a 12-month high of $54.13. The company has a 50-day moving average of $47.97 and a 200 day moving average of $45.91.
Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Thursday, June 1st. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. Five Below had a return on equity of 24.02% and a net margin of 7.06%. The firm had revenue of $232.90 million during the quarter, compared to analyst estimates of $230.75 million. During the same period in the prior year, the company posted $0.12 earnings per share. The business’s revenue for the quarter was up 20.9% compared to the same quarter last year. Equities analysts predict that Five Below will post $1.64 EPS for the current year.
In other news, CFO Kenneth R. Bull sold 17,300 shares of the firm’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $53.90, for a total value of $932,470.00. Following the completion of the sale, the chief financial officer now directly owns 76,544 shares in the company, valued at $4,125,721.60. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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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