Five Below, Inc. (NASDAQ:FIVE) was the target of some unusual options trading activity on Thursday. Stock investors acquired 3,131 put options on the stock. This represents an increase of 705% compared to the average volume of 389 put options.
Several equities analysts recently issued reports on the stock. Buckingham Research lifted their price target on shares of Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a report on Friday. UBS lifted their price target on shares of Five Below from $52.00 to $64.00 and gave the company a “neutral” rating in a report on Friday. Royal Bank Of Canada lifted their price target on shares of Five Below to $67.00 and gave the company an “outperform” rating in a report on Friday. Gordon Haskett downgraded shares of Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 price target for the company. in a report on Friday. Finally, Zacks Investment Research raised shares of Five Below from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a report on Thursday. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $60.97.
In other news, insider Thomas Vellios sold 142,573 shares of Five Below stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $55.13, for a total transaction of $7,860,049.49. Following the sale, the insider now directly owns 757,823 shares in the company, valued at approximately $41,778,781.99. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.22% of the stock is currently owned by insiders.
Five Below (NASDAQ FIVE) opened at $61.51 on Friday. Five Below has a 12 month low of $36.90 and a 12 month high of $63.33. The firm has a market cap of $3,395.35, a PE ratio of 40.20, a price-to-earnings-growth ratio of 1.29 and a beta of 0.85.
Five Below (NASDAQ:FIVE) last announced its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 24.43%. The company had revenue of $257.18 million during the quarter, compared to the consensus estimate of $246.04 million. During the same period in the previous year, the firm posted $0.10 earnings per share. The company’s revenue was up 28.9% on a year-over-year basis. equities analysts predict that Five Below will post 1.78 EPS for the current fiscal year.
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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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