-4.50 % to Target, Credit Suisse Reiterates ‘Neutral’ Rating on Five Below (NASDAQ:FIVE) Shares Today

September 8, 2018 - By Carolyn Hewitt

Five Below, Inc. (NASDAQ:FIVE) Logo

Investors sentiment increased to 1.31 in 2018 Q1. Its up 0.26, from 1.05 in 2017Q4. It improved, as 28 investors sold Five Below, Inc. shares while 91 reduced holdings. 62 funds opened positions while 94 raised stakes. 58.32 million shares or 1.67% more from 57.36 million shares in 2017Q4 were reported.

Apg Asset Mgmt Nv reported 9,900 shares stake. Proshare Advsr Limited Liability Corporation accumulated 8,909 shares or 0% of the stock. California Employees Retirement System has invested 0.01% in Five Below, Inc. (NASDAQ:FIVE). Putnam Ltd invested 0.01% in Five Below, Inc. (NASDAQ:FIVE). Regions Financial has 11,543 shares. Moreover, Geode Management Ltd Liability Corp has 0.01% invested in Five Below, Inc. (NASDAQ:FIVE) for 503,681 shares. Ameritas Invest Prtnrs Inc accumulated 4,627 shares. Cim Ltd Liability Com owns 19,280 shares. Renaissance Grp Incorporated Limited Co owns 6,480 shares or 0.02% of their US portfolio. California State Teachers Retirement Sys has 0.01% invested in Five Below, Inc. (NASDAQ:FIVE). Cubist Systematic Strategies Limited Liability Corporation reported 200 shares. Landscape Capital Mgmt Limited Company reported 372,067 shares. Maverick Capital Limited has invested 0.29% in Five Below, Inc. (NASDAQ:FIVE). Financial Bank Of Montreal Can invested 0% in Five Below, Inc. (NASDAQ:FIVE). Neuberger Berman Group Limited Liability Com has invested 0.03% of its portfolio in Five Below, Inc. (NASDAQ:FIVE).

Since April 18, 2018, it had 0 insider purchases, and 8 sales for $16.89 million activity. On Tuesday, July 17 the insider SPECTER ERIC M sold $1.67 million. $2.17M worth of Five Below, Inc. (NASDAQ:FIVE) was sold by Anderson Joel D. BARCLAY KATHLEEN S also sold $211,210 worth of Five Below, Inc. (NASDAQ:FIVE) shares. On Monday, June 25 the insider BULL KENNETH R sold $1.90 million. Shares for $480,538 were sold by Romanko Michael. On Friday, July 20 the insider RYAN THOMAS M sold $3.61M.

Five Below (NASDAQ:FIVE) Rating Reaffirmed

Recently, In analysts note revealed to clients and investors on Friday morning, Five Below (NASDAQ:FIVE) shares have had their Neutral Rating kept by investment analysts at Credit Suisse, who currently has a $125 target price on company. This target by Credit Suisse gives the possibile downside of -4.50 % from the previous stock close.

Five Below, Inc. (NASDAQ:FIVE) Ratings Coverage

Among 12 analysts covering Five Below (NASDAQ:FIVE), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Five Below has $140 highest and $70 lowest target. $105.45’s average target is -19.44% below currents $130.89 stock price. Five Below had 20 analyst reports since March 20, 2018 according to SRatingsIntel. Buckingham Research maintained the shares of FIVE in report on Friday, September 7 with “Buy” rating. The company was maintained on Thursday, June 7 by Deutsche Bank. The firm has “Neutral” rating given on Wednesday, September 5 by Dougherty. On Thursday, June 7 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Five Below, Inc. (NASDAQ:FIVE) earned “Buy” rating by Guggenheim on Thursday, March 22. On Friday, May 25 the stock rating was maintained by Deutsche Bank with “Buy”. The firm has “Outperform” rating by Credit Suisse given on Thursday, June 7. On Thursday, June 7 the stock rating was maintained by Buckingham Research with “Buy”. Morgan Stanley maintained the shares of FIVE in report on Friday, September 7 with “Equal-Weight” rating. Credit Suisse downgraded the shares of FIVE in report on Friday, July 20 to “Neutral” rating.

The stock increased 13.31% or $15.38 during the last trading session, reaching $130.89. About 5.11M shares traded or 397.96% up from the average. Five Below, Inc. (NASDAQ:FIVE) has risen 36.80% since September 8, 2017 and is uptrending. It has outperformed by 24.23% the S&P500.

Five Below, Inc. operates as a specialty value retailer in the United States. The company has market cap of $7.28 billion. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, pillows, candles, incense, and related items, as well as provides storage options for the customer??s room and locker. It has a 58.8 P/E ratio. The firm also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, toys, and plush items; and pool, beach and outdoor toys, games, and accessories.

More notable recent Five Below, Inc. (NASDAQ:FIVE) news were published by: Nasdaq.com which released: “Five Below Gives Investors More Reasons for Optimism” on September 08, 2018, also Seekingalpha.com with their article: “Five Below (FIVE) CEO Joel Anderson on Q2 2018 Results – Earnings Call Transcript” published on September 07, 2018, Seekingalpha.com published: “Five Below +6% after strong Q2” on September 06, 2018. More interesting news about Five Below, Inc. (NASDAQ:FIVE) were released by: Nasdaq.com and their article: “Five Below, Inc. Announces Second Quarter Fiscal 2018 Earnings Conference Call” published on August 23, 2018 as well as Fool.com‘s news article titled: “A Blowout Q2 Sends Shares of Five Below Inc. 17% Higher Today” with publication date: September 07, 2018.

Five Below, Inc. (NASDAQ:FIVE) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.