The stock last traded at $57.00 which is a tad above $53.17, the 50 day moving average and impressively higher than the 200 day moving average of $50.07. The 50 day moving average was up $3.83 or +7.20% and the 200 day average moved up $6.93. Five Below, Inc. shares had a trading volume of 688K by the end of trading on Tuesday. Trading volume was down 39.93% under the stocks average daily volume.
Investors are a little more bearish on Five Below, Inc. recently if you evaluate the increase in short interest. The firm had a rise in short interest of 0.42% between September 15, 2017 and September 29, 2017. Short interest increased 28,448 over that period. Days to cover increased 1.0 to 11.0 and the short interest percentage is 0.12% as of September 29.
The following firms have recently changed their position in FIVE. As of the end of the quarter Mutual Of America Capital Management LLC had bought a total of 26,830 shares growing its stake by 16.2%. The value in dollars went from $8,191,000 to $10,577,000 increasing 29.1% since the last quarter. As of quarter end Congress Asset Management Co /ma had acquired 20,817 shares growing its position 103.3%. The value of the total investment in Five Below, Inc. increased from $995,000 to $2,248,000 a change of $1,253,000 for the reporting period.
Central Trust Co augmented its stake by buying 200 shares an increase of 200.0% as of 09/30/2017. Central Trust Co controls 300 shares worth $16,000. The value of the position overall is up by 220.0%. Summit Creek Advisors LLC bolstered its position by buying 19,375 shares an increase of 8.3%. Summit Creek Advisors LLC owns 252,755 shares valued at $13,871,000. The total value of its holdings increased 20.4%.
On July 10 the company was set at “Neutral” according to a UBS report down from the previous “Buy” rating. On August 31 Deutsche Bank made no change to the company rating of “Hold” but raised the price expectation from $41.00 to $54.00.
Five Below, Inc. currently has a P/E ratio of 39.36 and the market value is 3.15B. As of the last earnings report the EPS was $1.45 and is projected to be $1.67 for the current year with 55,199,000 shares currently outstanding. Analysts expect next quarter’s EPS will be $1.08 with next year’s EPS projected to be $1.97.
Five Below, Inc., launched on January 30, 2002, 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. The Business’s product groups include leisure, fashion and home, and party and snack. Its Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Its Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Its Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages. The Company operated 522 locations across over 31 states throughout the Northeast, South and Midwest regions of the United States, as of January 29, 2017. Its typical store featured 4,000 stock-keeping units (SKUs), as of January 29, 2017..