Five Below Inc. (FIVE): Street Finally Waking Up


    BlackRock Fund Advisors recently announced the acquisition of new stake in Five Below Inc. (NASDAQ:FIVE). The institutional investor has increased its shareholding in the Consumer Cyclical company by 1.93% to 4.56 million shares with purchase of 86594.0 shares. This fresh investment now brings its stake to 8.19% valued currently at $497.07 million. In addition, Capital Research & Management Co.. raised its holdings by 0.54 million to 3.66 million shares. And Fidelity Management & Research Co.. has lifted its position by 24.73% or 0.7 million shares – to 3.53 million shares.

    With over 1.4 million Five Below Inc. (FIVE) shares trading Tuesday and a closing price of $114.42 on the day, the dollar volume was approximately $160.3 million. The shares have shown a positive weekly performance of 1.85% and its price on 09/01/20 gained nearly 4.54%. Currently, there are 55.72M common shares owned by the public and among those 54.19M shares have been available to trade.

    An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 21 analysts who have offered their price forecasts for FIVE have a consensus price objective of $125.00. The analysts have set the share’s price value over the next 12 months at a high of $145.00 and a low of $101.00 should the stock experience a downside. Incidentally, analysts’ outlook for the Five Below Inc. stock is 1.90 for the next 12 months. The average price target is 8.25% above its last price level and an upside to the estimated low will see the stock lose -13.29% over that period. But an upside of 21.09% will see the stock hit the forecast high price target while mean target price for the stock is $123.00.

    Insiders at the company have transacted a total of 66 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 36 of these insider trades were purchases, accounting for 184,134 shares. Insider sales of the common stock occurred on 30 occasions, with total insider shares sold totaling 358,009 shares.

    The top 3 mutual fund holders in Five Below Inc. are American Funds Small Cap World Fu, Vanguard Total Stock Market Index, and iShares Core S&P Mid Cap ETF. American Funds Small Cap World Fu owns 1.58 million shares of the company’s stock, all valued at over $172.34 million. Vanguard Total Stock Market Index sold 932.0 shares to see its total holdings shrink to 1.58 million shares valued at over $172.32 million and representing 2.84% of the shares outstanding. iShares Core S&P Mid Cap ETF sold 7178.0 shares to bring its total holdings to over 1.48 million shares at a value of $160.92 million. iShares Core S&P Mid Cap ETF now owns shares totaling to 2.65% of the shares outstanding.

    Shares of Five Below Inc. (NASDAQ: FIVE) opened at $109.95, up $0.5 from a prior closing price of $109.45. However, the script later closed the day at $114.42, up 4.54%. The company’s stock has a 5-day price change of 1.85% and 6.07% over the past three months. FIVE shares are trading -10.51% year to date (YTD), with the 12-month market performance down to -4.33% lower. It has a 12-month low price of $47.53 and touched a high of $137.96 over the same period. Currently, 1.4 million shares have been traded, compared to an average intraday trading volume of 987.83K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.01%, 6.92%, and 10.28% respectively.

    Institutional ownership of Five Below Inc. (NASDAQ: FIVE) 55.72M shares outstanding. Mutual fund holders own 47.07%, while other institutional holders and individual stakeholders account for 62.37% and 39.44% respectively.

    It has a market capitalization of $6.29B and a beta (3y monthly) value of 1.24. The stock’s trailing 12-month PE ratio is 65.16, while the earnings-per-share (ttm) stands at $1.76. The company has a PEG of 4.49 and a Quick Ratio of 0.60 with the debt-to-equity ratio at 0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.01% over the week and 3.57% over the month.

    Analysts forecast that Five Below Inc. (FIVE) will achieve an EPS of $0.14 for the current quarter, $0.19 for the next quarter and $3.65 for 2022. The lowest estimate earnings-per-share for the quarter is -$0.01 while analysts give the company a high EPS estimate of $0.32. Comparatively, EPS for the current quarter was $0.51 a year ago. Earnings per share for the fiscal year are expected to increase by 17.10%, and 135.94% over the next financial year. EPS should shrink at an annualized rate of 14.50% over the next five years, compared to 28.80% over the past 5-year period.

    If you are looking to buy this stock, then you may note that the average analyst recommendation by 21 brokerage firm advisors rate Five Below Inc. (FIVE) as a “Strong Buy” at a consensus score of 1.90. Specifically, 15 Wall Street analysts polled rate the stock as a buy, while 5 of the 21 advise that investors “hold,” and 0 rated it as a “Sell.”

    Looking at the support for the FIVE, a number of firms have released research notes about the stock. Gordon Haskett stated their Buy rating for the stock in a research note on June 10, 2020, with the firm’s price target at $135. Telsey Advisory Group coverage for the Five Below Inc. (FIVE) stock in a research note released on June 04, 2020 offered a Market Perform rating with a price target of $108. Goldman was of a view on May 18, 2020 that the stock is Neutral, while Gordon Haskett gave the stock Hold rating on April 29, 2020, issuing a price target of. Telsey Advisory Group on their part issued Market Perform rating on March 13, 2020.


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