Five Below Inc (NASDAQ:FIVE) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 2,562,500 shares, a growth of 13.2% from the July 31st total of 2,264,600 shares. Approximately 4.7% of the company’s shares are short sold. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is presently 2.2 days.

Several large investors have recently made changes to their positions in FIVE. Winslow Capital Management LLC acquired a new position in shares of Five Below in the 2nd quarter valued at about $176,413,000. FMR LLC lifted its stake in shares of Five Below by 96.6% in the 1st quarter. FMR LLC now owns 2,471,352 shares of the specialty retailer’s stock valued at $307,065,000 after purchasing an additional 1,214,030 shares during the period. TimesSquare Capital Management LLC acquired a new position in shares of Five Below in the 2nd quarter valued at about $66,875,000. Nuveen Asset Management LLC lifted its stake in shares of Five Below by 14,633.0% in the 2nd quarter. Nuveen Asset Management LLC now owns 318,381 shares of the specialty retailer’s stock valued at $38,213,000 after purchasing an additional 316,220 shares during the period. Finally, Marshall Wace North America L.P. lifted its stake in shares of Five Below by 1,792.8% in the 2nd quarter. Marshall Wace North America L.P. now owns 268,423 shares of the specialty retailer’s stock valued at $32,216,000 after purchasing an additional 254,242 shares during the period. 97.83% of the stock is currently owned by institutional investors.

Shares of NASDAQ:FIVE traded down $1.54 during midday trading on Friday, reaching $133.47. The company’s stock had a trading volume of 562,767 shares, compared to its average volume of 1,114,322. The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 51.93, a PEG ratio of 1.72 and a beta of 0.59. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.09 and a current ratio of 1.98. The firm has a 50 day moving average price of $116.91 and a two-hundred day moving average price of $125.15. Five Below has a fifty-two week low of $86.57 and a fifty-two week high of $148.21.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $417.40 million for the quarter, compared to the consensus estimate of $421.38 million. Five Below had a return on equity of 24.52% and a net margin of 9.26%. The firm’s revenue was up 20.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.42 EPS. As a group, research analysts anticipate that Five Below will post 3.04 earnings per share for the current year.

Several research analysts have commented on FIVE shares. Bank of America set a $150.00 target price on Five Below and gave the stock a “buy” rating in a report on Monday, August 12th. JPMorgan Chase & Co. lifted their target price on Five Below from $140.00 to $143.00 and gave the stock an “overweight” rating in a report on Thursday, August 29th. Morgan Stanley started coverage on Five Below in a report on Monday, July 1st. They set an “overweight” rating and a $135.00 target price on the stock. Craig Hallum started coverage on Five Below in a report on Tuesday. They set a “buy” rating and a $168.00 target price on the stock. Finally, ValuEngine raised Five Below from a “hold” rating to a “buy” rating in a report on Tuesday, August 13th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $137.22.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

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