Stock Worth Watching: Five Below Inc’s Trend Up, Especially After Today’s Strong Session

Stock Worth Watching: Five Below Inc's Trend Up, Especially After Today's Strong Session

The stock of Five Below Inc (NASDAQ:FIVE) is a huge mover today! About 1.35M shares traded hands or 17.39% up from the average. Five Below Inc (NASDAQ:FIVE) has declined 2.41% since April 20, 2016 and is downtrending. It has underperformed by 6.96% the S&P500.
The move comes after 5 months positive chart setup for the $2.37 billion company. It was reported on Nov, 22 by Barchart.com. We have $43.86 PT which if reached, will make NASDAQ:FIVE worth $71.10M more.

Five Below Inc (NASDAQ:FIVE) Ratings Coverage

Out of 14 analysts covering Five Below (NASDAQ:FIVE), 8 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 57% are positive. Five Below has been the topic of 25 analyst reports since September 3, 2015 according to StockzIntelligence Inc. Jefferies maintained the stock with “Buy” rating in Friday, June 3 report. The firm has “Buy” rating by Citigroup given on Tuesday, October 11. The stock of Five Below Inc (NASDAQ:FIVE) has “Outperform” rating given on Thursday, September 3 by RBC Capital Markets. The rating was initiated by BTIG Research with “Neutral” on Wednesday, August 24. The stock of Five Below Inc (NASDAQ:FIVE) earned “Buy” rating by Longbow on Wednesday, October 26. The firm earned “Hold” rating on Monday, November 16 by Deutsche Bank. The stock has “Outperform” rating given by Credit Suisse on Wednesday, March 23. The stock of Five Below Inc (NASDAQ:FIVE) earned “Buy” rating by UBS on Friday, June 3. The stock has “Outperform” rating given by Credit Suisse on Thursday, September 3. The rating was maintained by Deutsche Bank with “Hold” on Friday, January 8.

According to Zacks Investment Research, “Five Below, Inc. is a specialty value retailer offering merchandise for teen and pre-teen customers in the United States. The Company offers products all priced at $5 and below, including select brands and licensed merchandise across a range of categories, which it refers to as worlds: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal. It offers a wide variety of merchandise that includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room décor and storage, stationery and school supplies, video game accessories, books, DVDs, iPhone accessories, novelty and seasonal items. Five Below, Inc. is headquartered in Philadelphia, Pennsylvania.”

Insitutional Activity: The institutional sentiment increased to 1.14 in Q2 2016. Its up 0.20, from 0.94 in 2016Q1. The ratio is positive, as 32 funds sold all Five Below Inc shares owned while 78 reduced positions. 44 funds bought stakes while 59 increased positions. They now own 60.72 million shares or 4.25% less from 63.42 million shares in 2016Q1.
Vanguard Grp accumulated 0.01% or 4.32 million shares. The Pennsylvania-based Logan Mngmt Incorporated has invested 0.08% in Five Below Inc (NASDAQ:FIVE). Emerald Advisers Incorporated Pa, a Pennsylvania-based fund reported 719,299 shares. Bank Of America De has 0% invested in the company for 387,133 shares. Teacher Retirement Systems Of Texas, a Texas-based fund reported 7,602 shares. Kennedy Management holds 0.03% or 34,344 shares in its portfolio. Zweig Advisers Limited holds 138,000 shares or 1.2% of its portfolio. Millennium Management Limited Company owns 72,463 shares or 0.01% of their US portfolio. Parkside Bank Trust has 0.04% invested in the company for 1,955 shares. Shelton Cap Mgmt accumulated 4,574 shares or 0.02% of the stock. Principal Grp Inc has invested 0.03% of its portfolio in Five Below Inc (NASDAQ:FIVE). Davidson Garrard has invested 0.06% of its portfolio in Five Below Inc (NASDAQ:FIVE). Buckingham Cap Management Inc reported 375,037 shares or 2.11% of all its holdings. Waddell & Reed Fincl Inc last reported 419,032 shares in the company. State Street Corp reported 1.15M shares or 0.01% of all its holdings.

Insider Transactions: Since June 8, 2016, the stock had 0 buys, and 1 sale for $1.56 million net activity. On Wednesday, June 8 BULL KENNETH R sold $1.56M worth of the stock or 34,600 shares.

Another recent and important Five Below Inc (NASDAQ:FIVE) news was published by Nasdaq.com which published an article titled: “Five Below, Inc. Announces Third Quarter Fiscal 2016 Earnings Conference Call” on November 17, 2016.

FIVE Company Profile

Five Below, Inc., incorporated on January 30, 2002, is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Firm 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. The Company’s product groups include leisure, fashion and home, and party and snack. The Company’s Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Company’s Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. The Company’s Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages. The Firm operates approximately 430 locations across over 30 states throughout the Northeast, South and Midwest regions of the United States. The Company’s typical store features approximately 4,000 stock-keeping units (SKUs).

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