Five Below (FIVE) Getting Somewhat Positive Media Coverage, Study Shows

Media coverage about Five Below (NASDAQ:FIVE) has been trending somewhat positive on Sunday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing 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 closest to one being the most favorable. Five Below earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 45.6160307167875 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Several brokerages have issued reports on FIVE. MKM Partners lifted their target price on shares of Five Below to $75.00 and gave the company a “buy” rating in a research report on Thursday, January 4th. Deutsche Bank upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a research report on Wednesday, January 3rd. Morgan Stanley lifted their target price on shares of Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 27th. Jefferies Group restated a “buy” rating and issued a $85.00 price objective on shares of Five Below in a report on Monday, January 8th. Finally, Dougherty & Co boosted their price objective on shares of Five Below from $68.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $64.33.

Five Below (FIVE) opened at $66.93 on Friday. Five Below has a one year low of $37.14 and a one year high of $73.55. The company has a market cap of $3,700.00, a price-to-earnings ratio of 43.75, a P/E/G ratio of 1.33 and a beta of 0.84.

Five Below (NASDAQ:FIVE) last issued its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The company had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. During the same period in the previous year, the firm earned $0.10 earnings per share. The firm’s revenue for the quarter was up 28.9% on a year-over-year basis. analysts predict that Five Below will post 1.79 EPS for the current fiscal year.

In related news, CFO Kenneth R. Bull sold 15,946 shares of Five Below stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $66.00, for a total value of $1,052,436.00. Following the transaction, the chief financial officer now directly owns 59,544 shares of the company’s stock, valued at $3,929,904. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ronald Sargent sold 80,000 shares of Five Below stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the completion of the transaction, the director now directly owns 29,429 shares in the company, valued at $1,930,248.11. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 143,400 shares of company stock worth $9,474,401. 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.

Insider Buying and Selling by Quarter for Five Below (NASDAQ:FIVE)

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