Press coverage about Five Below (NASDAQ:FIVE) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Five Below earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 47.354542376839 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:

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Shares of NASDAQ:FIVE opened at $76.39 on Tuesday. The firm has a market cap of $4,174.00, a PE ratio of 42.68, a P/E/G ratio of 1.19 and a beta of 0.58. Five Below has a 52-week low of $44.30 and a 52-week high of $77.12.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, March 21st. The specialty retailer reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.02. The company had revenue of $505.00 million during the quarter, compared to the consensus estimate of $502.74 million. Five Below had a net margin of 8.02% and a return on equity of 26.00%. The company’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.90 earnings per share. research analysts predict that Five Below will post 2.4 EPS for the current fiscal year.

Five Below declared that its Board of Directors has initiated a stock repurchase program on Wednesday, March 21st that authorizes the company to buyback $100.00 million in shares. This buyback authorization authorizes the specialty retailer to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Several research analysts have commented on FIVE shares. Gordon Haskett upgraded shares of Five Below from a “hold” rating to an “accumulate” rating in a research report on Wednesday, January 31st. MKM Partners boosted their price objective on shares of Five Below from $75.00 to $86.00 and gave the company a “buy” rating in a research report on Tuesday, February 20th. BidaskClub downgraded shares of Five Below from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 16th. Buckingham Research lowered their price objective on shares of Five Below from $81.00 to $78.00 and set a “buy” rating for the company in a research report on Tuesday, March 20th. Finally, Dougherty & Co boosted their price objective on shares of Five Below from $68.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $66.09.

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About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. 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, plush items, pillows, candles, incense, lighting, novelty d├ęcor, and related items, as well as provides storage options for the customers room.

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