Five Below (NASDAQ:FIVE) Given New $88.00 Price Target at Mizuho

Five Below (NASDAQ:FIVE) had its price objective decreased by analysts at Mizuho from $105.00 to $88.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the specialty retailer’s stock. Mizuho’s price objective would suggest a potential upside of 8.64% from the stock’s current price.

A number of other equities research analysts have also issued reports on FIVE. Guggenheim raised their price target on Five Below from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Loop Capital decreased their target price on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research report on Tuesday. Citigroup upped their price target on shares of Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Finally, Craig Hallum upped their target price on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Three research 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, Five Below presently has an average rating of “Hold” and a consensus price target of $104.00.

Five Below Stock Performance

FIVE stock traded up $5.41 during mid-day trading on Thursday, reaching $81.00. 4,158,950 shares of the stock traded hands, compared to its average volume of 1,755,327. The business has a 50-day moving average price of $88.76 and a two-hundred day moving average price of $92.63. The stock has a market capitalization of $4.46 billion, a PE ratio of 16.70, a PEG ratio of 1.19 and a beta of 1.11. Five Below has a one year low of $64.87 and a one year high of $209.79.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the company posted $3.65 EPS. On average, equities analysts expect that Five Below will post 4.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at $5,197,552.92. The trade was a 8.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Five Below

Several institutional investors have recently bought and sold shares of the company. Brooklyn Investment Group acquired a new position in shares of Five Below during the third quarter worth $30,000. Proficio Capital Partners LLC purchased a new position in Five Below during the 4th quarter worth $31,000. UMB Bank n.a. increased its position in Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Five Below in the third quarter valued at about $42,000. Finally, Coppell Advisory Solutions LLC boosted its holdings in Five Below by 143.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 253 shares in 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.