Five Below, Inc. (NASDAQ:FIVE):
Five Below Remains Hot For Philly; Inks 15-Year Lease To Stay In Center City.
The company is now up by 1.23% since yesterday’s close of $41.62.
Company shares last traded at $42.13 just a bit lower than $44.89, the 50 day moving average and which is marginally under the 200 day moving average of $43.73. The 50 day moving average went down $-2.82 or -6.2720% whereas the 200 day average was down by -3.7951%.
Five Below, Inc. currently has a P/E ratio of 36.9358 and the market cap of the company is 2.31B. As of the latest earnings report the EPS was $1.14 and is expected to be $1.32 for the current year with 54,869,000 shares now outstanding. Next quarter’s EPS is expected be $0.92 with next year’s EPS anticipated to be $1.61.
Traders are more bearish on Five Below, Inc. of late if you take a look at the increase in short interest. The company experienced a rise in short interest between August 31, 2016 and September 15, 2016 of 0.11%. Short interest grew from 7,283,992 to 8,051,814 over that period. With short interest at 8,051,814 and short average daily volume at 1,444,826, the short-interest ratio is 5.6 and the percentage of shorted shares is 0.15% as of September 15.
A few investment firms have released opinions on FIVE recently. On September 23, 2016 Barclays released its first research report on the stock with a rating of “Equal-weight” and establishing a price target of $42.00. BTIG Research began coverage by announcing an initial rating of “Neutral”.
June 3 investment analysts at Jefferies left the company rating at “Equal-weight” and moved down the price target to $37.00 from $48.00. On June 3 Morgan Stanley maintained a stock rating of “Equal-weight” and lowered the price target from $40.00 to $37.00.
March 23 investment analysts at Credit Suisse maintained a company rating of “Outperform” but raised the price target to $40.00 from $39.00. March 16 investment analysts at UBS made no change to the company rating of “Buy” but raised the price expectation from $40.00 to $44.00.