Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Five Below (FIVE) Stock Price
Media headlines about Five Below (NASDAQ:FIVE) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. 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 news impact score of 0.15 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 45.6152951679774 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Wal-Mart, Five Below, Dollar Tree among winners heading into final holiday shopping days – MarketWatch (marketwatch.com)
- Rollins Inc Falls 1.09% on Heavy Volume: Watch For Potential Rebound (mysmartrend.com)
- Bitcoin slides below $13,000 as crypto mania grows – up more than 1,100% YTD (biznews.com)
- UK business confidence rises to five-month high in December: Lloyds (thefiscaltimes.com)
- Five Below Inc (FIVE) Directional Signals in Focus – Clawson News (clawsonnews.com)
Five Below (NASDAQ:FIVE) traded down $0.52 during midday trading on Friday, hitting $65.48. The stock had a trading volume of 893,112 shares, compared to its average volume of 1,150,000. The stock has a market capitalization of $3,590.00, a P/E ratio of 42.80, a PEG ratio of 1.40 and a beta of 0.85. Five Below has a 1-year low of $36.90 and a 1-year high of $68.89.
Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. The business had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 earnings per share. research analysts forecast that Five Below will post 1.78 earnings per share for the current fiscal year.
FIVE has been the topic of several research analyst reports. Loop Capital set a $60.00 price objective on Five Below and gave the company a “buy” rating in a report on Monday, August 28th. Zacks Investment Research lowered Five Below from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Deutsche Bank reissued a “hold” rating and issued a $54.00 price objective (up from $53.00) on shares of Five Below in a report on Thursday, August 31st. MKM Partners raised their price objective on Five Below from $59.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, November 28th. Finally, Jefferies Group reissued a “buy” rating and issued a $62.00 price objective on shares of Five Below in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $60.91.
In other news, insider Eric M. Specter sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $67.08, for a total value of $1,006,200.00. Following the transaction, the insider now owns 13,883 shares in the company, valued at $931,271.64. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Michael Romanko sold 12,454 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $66.53, for a total value of $828,564.62. Following the completion of the transaction, the executive vice president now owns 24,858 shares in the company, valued at approximately $1,653,802.74. The disclosure for this sale can be found here. In the last 90 days, insiders sold 285,973 shares of company stock worth $17,334,450. Company insiders own 3.22% of the company’s stock.
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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