Analysts Turn Mixed On Five Below Inc. (NASDAQ:FIVE), DiamondRock Hospitality Company (NYSE:DRH)

The shares of Five Below Inc. (NASDAQ:FIVE) has been pegged with a rating of Neutral by Goldman in its latest research note that was published on May 18, 2020. The Consumer Cyclical company has also assigned a $89 price target. Goldman wasn’t the only research firm that published a report of Five Below Inc., with other equities research analysts also giving their opinion on the stock. The stock had earned Market Perform rating from Telsey Advisory Group Markets when it published its report on March 13, 2020. That day the Telsey Advisory Group set price target on the stock to $100. The stock was given Outperform rating by Credit Suisse in its report released on January 14, 2020, the day when the price target on the stock was placed at 125. Gordon Haskett was of a view that FIVE is Accumulate in its latest report on January 09, 2020. William Blair thinks that FIVE is worth Outperform rating.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 14 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $94.33. The price of the stock the last time has raised by 104.71% from its 52-Week high price while it is -29.47% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 64.08.

The shares of the company added by 5.43% during the trading session on Thursday, reaching a low of $91.57 while ending the day at $97.30. During the trading session, a total of 1.22 million shares were traded which represents a 19.45% incline from the average session volume which is 1.52 million shares. FIVE had ended its last session trading at $92.29. Five Below Inc. currently has a market cap of $5.42 billion, while its P/E ratio stands at 31.19, while its P/E earnings growth sits at 2.15, with a beta of 1.14. Five Below Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.00 FIVE 52-week low price stands at $47.53 while its 52-week high price is $137.96.

The company in its last quarterly report recorded $1.96 earnings per share which is above the predicted by most analysts. The Five Below Inc. generated 202.49 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.18 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 82.14%. Five Below Inc. has the potential to record 2.28 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Wells Fargo published a research note on April 07, 2020 where it informed investors and clients that DiamondRock Hospitality Company (NYSE:DRH) is now rated as Equal Weight. Their price target on the stock stands at $5. Citigroup also rated DRH as Downgrade on April 07, 2020, with its price target of $4 suggesting that DRH could down by -0.7% from its current share price. Even though the stock has been trading at $5.55/share, analysts expect it to surge by 3.96% to reach $5.73/share. It started the day trading at $5.84 and traded between $5.49 and $5.77 throughout the trading session.

A look at its technical shows that DRH’s 50-day SMA is 4.87 while its 200-day SMA stands at 8.73. The stock has a high of $11.79 for the year while the low is $1.96. The stock, however, witnessed a rise in its short on 04/30/20. Compared to previous close which recorded 6.38 M shorted shares, the short percentage went higher by 49.11%, as 9.52M FIVE shares were shorted. At the moment, only 4.86% of DiamondRock Hospitality Company shares were sold short. The company’s P/E ratio currently sits at 8.39, while the P/B ratio is 0.62. The company’s average trading volume currently stands at 4.69M shares, which means that the short-interest ratio is just 2.03 days. Over the past seven days, the company moved, with its shift of 32.34%. Looking further, the stock has dropped -45.36% over the past 90 days while it lost -42.87% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The BlackRock Fund Advisors sold more DRH shares, decreasing its portfolio by -0.47% during the last quarter. This move now sees The BlackRock Fund Advisors selling -154,589 shares in the last quarter, thus it now holds 32,782,180 shares of DRH, with a total valuation of $204,232,981. The Vanguard Group, Inc. meanwhile bought more DRH shares in the recently filed quarter, changing its stake to $194,848,128 worth of shares.

Similarly, SSgA Funds Management, Inc. increased its DiamondRock Hospitality Company shares by 14.01% during the recently filed quarter. After buying 11,653,143 shares in the last quarter, the firm now controls 1,431,990 shares of DiamondRock Hospitality Company which are valued at $72,599,081. In the same vein, Fidelity Management & Research Co… increased its DiamondRock Hospitality Company shares by during the most recent reported quarter. The firm sold 1,449,274 shares during the quarter which increased its stakes to 11,480,242 shares and is now valued at $71,521,908. Following these latest developments, around 1.70% of DiamondRock Hospitality Company stocks are owned by institutional investors and hedge funds.