According to Bloomberg Ratings, the twenty-four research firms currently covering Five Below, Inc. (NASDAQ: FIVE) have given the stock an average rating of “Moderate Buy,” indicating that investors should consider purchasing the company’s shares. This information suggests that investors should consider purchasing the company’s shares. Only four market watchers believe the stock should be held steady as an investment, while eleven believe that the stock should be purchased. The brokerages that have recently covered the stock have set a price target of $186.15 as the average price target for the stock for the next 12 months.
Recent commentary on the stock comes from analysts who focus on equity research and have recently shared their perspectives on the stock. Trust Financial announced, in a research note made public on December 1, that they were increasing their price objective on shares of Five Below from $161.00 to $196.00. In a research note published on December 1, UBS Group reaffirmed their recommendation to “buy” shares of Five Below and increased their price objective for the company’s stock from $165.00 to $205.00. BNP Paribas changed its rating for the shares of Five Below from “neutral” to “outperform” in a report on research that was published on December 15. Evercore ISI stated in a research note published on December 1 that they were increasing their price objective for Five Below shares from $155.00 to $170.00. This increase came about as a result of recent market activity. KeyCorp upgraded their price target on shares of Five Below from $188.00 to $200,000.00 and gave the company an “overweight” rating in a research note published on January 10. This information was included in the context of an increase in the price target.
In addition, according to the information provided by Five Below, Chief Financial Officer Kenneth R. Bull sold 7,000 shares of the company’s stock on Friday, December 2. There was $1,276.00 worth of transactions involving the company’s stock, with each share selling for an average of $182.40. Following the completion of the acquisition, the chief financial officer now has 71,364 shares in the company. Based on the current stock price, these shares are estimated to be worth $13,016,793.60. The transaction was disclosed to the public through a filing that was made with the SEC, which can be located on the website of the SEC. On Friday, December 2, Kathleen S. Barclay, a director of the company, sold 3,319 shares of company stock. This is related news. The price of one share, equivalent to $187.10 on average when it was sold, brought in a total of $620,984.90 when it was put up for sale. After the completion of the sale, the director gained direct ownership of 8,799 shares of the company. Based on the current market price, these shares have a value of approximately $1,646,292.90. You might find a filing that explains the transaction in greater detail on the Securities and Exchange Commission (SEC) website. In addition, on Friday, December 2, Kenneth R. Bull, Five Below’s Chief Financial Officer, sold 7,000 shares of the company’s stock. The sale of the shares generated a total revenue of $1,276,800.00, which works out to an individual price of $182.40 for each share. As a result of the successful transaction completion, the chief financial officer could purchase 71,364 shares of the company. The total value of these shares is $13,016,793.60. Disclosures that are related to the sale might be found in this section of the website. Over the past three months, company insiders have sold 37,325 shares of company stock, resulting in a total of $6,919,010 in proceeds from the sale of these shares. 1.90 company insiders own a percent of the total shares currently outstanding.
Recently, several hedge funds altered the percentage of their total assets invested in Five in response to recent market events. Raymond James Financial Services Advisors Inc. increased the percentage of Five Below stock owned by 2.7 percent during the first three months of 2018. Raymond James Financial Services Advisors Inc. now has 4,482 shares of the specialty retailer’s stock, with a combined market value of $710,000. This resulted from purchasing 119 additional shares during the most recent fiscal period. Private Advisor Group LLC purchased a new equity position in Five Below for a total cost of approximately 209,000 dollars during the first three months of 2018. During the first three months of the fiscal year, Citigroup Inc. increased the percentage of Five Below stock owned by 10.7%. Citigroup Inc. now has 16,722 shares of the specialty retailer’s stock, worth a combined total of $2,649,000 after purchasing an additional 1,610 shares during the most recent period. This brings the total number of shares owned by Citigroup Inc. to 16,722. The Healthcare of Ontario Pension Plan Trust Fund increased the Five Below stock held by 793.1 percent during the first three months of 2018. The Healthcare of Ontario Pension Plan Trust Fund increased its stake in the specialty retailer during the reporting period by purchasing an additional 1,388 shares of the company’s stock, bringing its total holdings in the stock to 1,563 shares of company stock, which had a value of $248,000 as of the end of the period. Not to be outdone, the Great West Life Assurance Company of Canada, during the first quarter, increased the amount of Five Below stock that is owned by 7.6%. Great West Life Assurance Co. now owns 30,353 shares of the specialty retailer’s stock, currently valued at $4,936,000, after purchasing an additional 2,155 shares during the most recent quarter. This brings the total number of shares owned by the company to 30,353.
Five stocks were listed for trading on Thursday for $185.15 per share. Trading began that day. During the past year, the prices at Five Below have fluctuated between $109.49 and $193.53 on average, with an average price of $109.49. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 45.05, and a beta value of 1.11. The price-to-earnings growth ratio of the company is 2.14, and it has a beta value of 1.11. The stock is currently trading at $172.79 on its simple moving average for the past 50 days, while its simple moving average for the past 200 days is currently at $147.59 per share.
On November 30, Five Below (NASDAQ: FIVE) disclosed the outcomes of its most recent financial report covering the preceding quarter. Earnings per share for the quarter reported by the specialty retailer came in at $0.29, which was $0.15 higher than the average prediction of $0.14. The revenue the company brought in for the quarter was $645.03 million, which is significantly higher than the $611.16 million in revenue projected for the company throughout the quarter. The return on equity for Five Below was 20.11 percent, and the net margin for the company was 7.81 percent. According to the projections of specialists in equity research, Five Below will rake in profits of $4.69 per share for the current financial year.
The company that operates the discount specialty store, Five Below, is called Five Below, Inc. and is based in the United States. It provides items that can be used to finish and personalize living spaces, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and other related items. Some examples of these types of items include: In addition to this, it offers the customer a selection of different storage options for their personal effects. In addition, it provides products such as t-shirts, tops, bottoms for athletic wear, socks, sunglasses, jewelry, scarves, gloves, and accessories for hair.