Five Below (FIVE) Getting Somewhat Positive Media Coverage, Report Finds

Headlines about Five Below (NASDAQ:FIVE) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Five Below earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media headlines about the specialty retailer an impact score of 45.8026690092366 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s scoring:

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NASDAQ FIVE traded down $1.83 during trading hours on Friday, reaching $70.70. 1,194,622 shares of the stock traded hands, compared to its average volume of 1,192,085. Five Below has a 1 year low of $43.68 and a 1 year high of $73.86. The company has a market capitalization of $3,988.71, a price-to-earnings ratio of 39.50, a PEG ratio of 1.14 and a beta of 0.58.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, March 21st. The specialty retailer reported $1.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.02. The firm had revenue of $505.00 million for the quarter, compared to analysts’ expectations of $502.74 million. Five Below had a return on equity of 26.00% and a net margin of 8.02%. The company’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period last year, the firm earned $0.90 earnings per share. analysts expect that Five Below will post 2.4 earnings per share for the current year.

Five Below announced that its board has initiated a stock buyback program on Wednesday, March 21st that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the specialty retailer to purchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Several equities analysts have recently issued reports on the company. ValuEngine raised Five Below from a “hold” rating to a “buy” rating in a report on Monday. BidaskClub raised Five Below from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 28th. Loop Capital increased their price objective on Five Below from $64.00 to $70.00 and gave the company a “hold” rating in a report on Thursday, March 22nd. Buckingham Research reduced their price objective on Five Below from $81.00 to $78.00 and set a “buy” rating for the company in a report on Tuesday, March 20th. Finally, Zacks Investment Research lowered Five Below from a “buy” rating to a “hold” rating in a report on Tuesday, March 6th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Five Below has a consensus rating of “Buy” and a consensus target price of $66.09.

COPYRIGHT VIOLATION WARNING: This report was first reported by BBNS and is the sole property of of BBNS. If you are reading this report on another publication, it was illegally copied and reposted in violation of United States and international copyright laws. The original version of this report can be viewed at https://baseballnewssource.com/2018/04/06/five-below-five-earns-coverage-optimism-score-of-0-08/2037257.html.

Five Below Company Profile

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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