Somewhat Positive Press Coverage Somewhat Unlikely to Impact Five Below (FIVE) Share Price
Press coverage about Five Below (NASDAQ:FIVE) has been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Five Below earned a news impact score of 0.11 on Accern’s scale. Accern also gave media stories about the specialty retailer an impact score of 45.1673114144128 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Moving Average Convergence Divergence Analysis of Five Below, Inc. (NASDAQ:FIVE) – The Oracle Examiner (oracleexaminer.com)
- Five Below, Inc. (NASDAQ: FIVE) – Analysts’ Recommendation in Spotlight – Alpha Beta Stock (alphabetastock.com)
- Five Below, Inc. (FIVE) (finance.yahoo.com)
- Five Below Inc (FIVE) Expected to Post Quarterly Sales of $498.87 Million (americanbankingnews.com)
- In the money Dec. 18: Five Austin-area companies raise nearly $13 million for tech, agriculture & more (bizjournals.com)
FIVE has been the topic of several research reports. Loop Capital set a $60.00 price objective on Five Below and gave the company a “buy” rating in a research report on Monday, August 28th. Zacks Investment Research cut Five Below from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Deutsche Bank reaffirmed a “hold” rating and set a $54.00 price objective (up from $53.00) on shares of Five Below in a research report on Thursday, August 31st. MKM Partners lifted their price objective on Five Below from $59.00 to $64.00 and gave the company a “buy” rating in a research report on Tuesday, November 28th. Finally, Jefferies Group reaffirmed a “buy” rating and set a $62.00 price objective on shares of Five Below in a research report on Thursday, August 31st. One analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Five Below currently has a consensus rating of “Buy” and a consensus price target of $60.91.
Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The firm had revenue of $257.18 million during the quarter, compared to analyst estimates of $246.04 million. During the same period last year, the business earned $0.10 earnings per share. The business’s revenue was up 28.9% on a year-over-year basis. equities research analysts anticipate that Five Below will post 1.78 earnings per share for the current year.
In related news, CEO Joel D. Anderson sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $67.00, for a total value of $1,340,000.00. Following the completion of the transaction, the chief executive officer now directly owns 127,693 shares in the company, valued at approximately $8,555,431. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Eric M. Specter sold 15,000 shares of the business’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 transaction of $1,006,200.00. Following the completion of the transaction, the insider now owns 13,883 shares of the company’s stock, valued at $931,271.64. The disclosure for this sale can be found here. Insiders have sold 285,973 shares of company stock valued at $17,334,450 over the last quarter. Company insiders own 2.92% of the company’s stock.
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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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