Five Below, Inc. (NASDAQ:FIVE) Short Interest Update

Five Below, Inc. (NASDAQ:FIVE) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 4,320,000 shares, an increase of 8.5% from the December 31st total of 3,980,000 shares. Approximately 8.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,790,000 shares, the days-to-cover ratio is currently 2.4 days.

Five Below Price Performance

Five Below stock opened at $92.33 on Tuesday. Five Below has a 1-year low of $64.87 and a 1-year high of $212.01. The stock has a market cap of $5.08 billion, a PE ratio of 19.04, a P/E/G ratio of 1.28 and a beta of 1.13. The stock’s fifty day moving average is $100.83 and its two-hundred day moving average is $90.19.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. During the same period in the prior year, the company posted $0.26 earnings per share. The firm’s revenue for the quarter was up 14.6% on a year-over-year basis. On average, research analysts expect that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Activity at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Five Below

Several hedge funds have recently modified their holdings of the company. Gradient Investments LLC increased its holdings in shares of Five Below by 0.7% in the 4th quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer’s stock valued at $1,666,000 after acquiring an additional 111 shares during the last quarter. Partnership Wealth Management LLC boosted its holdings in shares of Five Below by 63.5% in the third quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after acquiring an additional 200 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Five Below by 156.9% in the fourth 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 during the period. Paladin Wealth LLC acquired a new stake in Five Below in the 3rd quarter valued at about $26,000. Finally, KBC Group NV grew its holdings in shares of Five Below by 23.7% in the 3rd quarter. KBC Group NV now owns 1,630 shares of the specialty retailer’s stock worth $144,000 after acquiring an additional 312 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on FIVE shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $115.00 price objective on shares of Five Below in a report on Tuesday, January 14th. William Blair reissued a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Loop Capital lifted their price objective on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Morgan Stanley lifted their price target on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Finally, KeyCorp downgraded Five Below from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $111.32.

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.