Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Five Below (NASDAQ:FIVE) Share Price

Media coverage about Five Below (NASDAQ:FIVE) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Five Below earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 45.7669697553055 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment’s rankings:

Several research analysts have issued reports on the company. Deutsche Bank AG reaffirmed a “hold” rating and issued a $53.00 price target (up previously from $48.00) on shares of Five Below in a report on Tuesday, May 30th. Morgan Stanley reissued an “equal weight” rating and set a $47.00 target price (up from $40.00) on shares of Five Below in a research note on Saturday, June 3rd. Guggenheim reissued a “buy” rating and set a $60.00 target price (up from $52.00) on shares of Five Below in a research note on Saturday, June 3rd. BTIG Research reissued a “neutral” rating on shares of Five Below in a research note on Saturday, June 3rd. Finally, Credit Suisse Group restated an “outperform” rating and set a $65.00 price target (up from $47.00) on shares of Five Below in a report on Saturday, June 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $53.74.

Shares of Five Below (NASDAQ:FIVE) opened at 47.13 on Friday. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 35.46 and a beta of 0.94. Five Below has a one year low of $35.03 and a one year high of $54.13. The company’s 50 day moving average is $47.95 and its 200-day moving average is $45.97.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Thursday, June 1st. The specialty retailer reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. Five Below had a net margin of 3.60% and a return on equity of 9.96%. The firm had revenue of $232.90 million for the quarter, compared to the consensus estimate of $230.75 million. During the same period last year, the firm posted $0.12 earnings per share. The business’s revenue was up 20.9% compared to the same quarter last year. Equities analysts expect that Five Below will post $1.64 EPS for the current year.

In related news, CFO Kenneth R. Bull sold 17,300 shares of Five Below stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $53.90, for a total value of $932,470.00. Following the sale, the chief financial officer now owns 76,544 shares in the company, valued at $4,125,721.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.22% of the stock is owned by insiders.

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Five Below Company Profile

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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