Mizuho Reiterates “Neutral” Rating for Five Below (NASDAQ:FIVE)

Five Below (NASDAQ:FIVE)‘s stock had its “neutral” rating reissued by research analysts at Mizuho in a research report issued to clients and investors on Thursday, Benzinga reports. They presently have a $85.00 target price on the specialty retailer’s stock. Mizuho’s target price points to a potential downside of 9.83% from the company’s current price.

Several other analysts have also issued reports on the company. Gordon Haskett lowered Five Below from an “accumulate” rating to a “hold” rating in a research note on Wednesday, July 24th. Guggenheim cut their price target on Five Below from $165.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. The Goldman Sachs Group reduced their price objective on shares of Five Below from $124.00 to $106.00 and set a “buy” rating for the company in a research report on Thursday, August 29th. KeyCorp dropped their price objective on shares of Five Below from $115.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 29th. Finally, StockNews.com downgraded shares of Five Below from a “hold” rating to a “sell” rating in a report on Saturday, June 8th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $111.15.

Five Below Stock Up 5.0 %

Shares of Five Below stock opened at $94.27 on Thursday. The stock has a market cap of $5.19 billion, a P/E ratio of 17.72, a P/E/G ratio of 1.06 and a beta of 1.21. Five Below has a 12-month low of $64.87 and a 12-month high of $216.18. The business’s 50 day moving average is $81.20 and its 200-day moving average is $115.85.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. The firm had revenue of $830.07 million for the quarter, compared to analyst estimates of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. On average, sell-side analysts expect that Five Below will post 4.55 EPS for the current year.

Institutional Trading of Five Below

Several large investors have recently modified their holdings of the stock. V Square Quantitative Management LLC bought a new stake in Five Below during the fourth quarter worth about $26,000. Rise Advisors LLC acquired a new stake in shares of Five Below during the 1st quarter worth approximately $28,000. Parallel Advisors LLC boosted its position in shares of Five Below by 86.3% during the 4th quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock worth $38,000 after acquiring an additional 82 shares in the last quarter. McClarren Financial Advisors Inc. increased its stake in Five Below by 18,100.0% in the first quarter. McClarren Financial Advisors Inc. now owns 182 shares of the specialty retailer’s stock valued at $330,000 after acquiring an additional 181 shares during the last quarter. Finally, LRI Investments LLC bought a new stake in Five Below during the first quarter worth $38,000.

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.