Five Below, Inc. (NASDAQ:FIVE) Given Average Recommendation of “Hold” by Brokerages

Shares of Five Below, Inc. (NASDAQ:FIVE) have been given a consensus recommendation of “Hold” by the twenty-one ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $94.30.

FIVE has been the subject of a number of analyst reports. UBS Group reduced their price objective on shares of Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, March 20th. JPMorgan Chase & Co. upgraded shares of Five Below from an “underweight” rating to a “neutral” rating and set a $57.00 price target on the stock in a report on Monday, April 7th. DA Davidson cut their target price on Five Below from $50.00 to $25.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Loop Capital decreased their price target on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research report on Tuesday, March 18th. Finally, Telsey Advisory Group cut their price objective on Five Below from $115.00 to $85.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 18th.

Five Below Stock Up 3.1 %

Shares of FIVE opened at $77.67 on Wednesday. The stock has a market cap of $4.28 billion, a PE ratio of 16.01, a PEG ratio of 1.19 and a beta of 1.01. Five Below has a 12-month low of $52.38 and a 12-month high of $147.69. The business has a 50-day simple moving average of $73.85 and a two-hundred day simple moving average of $88.14.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.10. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. Five Below’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the firm earned $3.65 earnings per share. On average, equities research analysts expect that Five Below will post 4.93 EPS for the current year.

Insider Activity at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the sale, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FIVE. Wilmington Savings Fund Society FSB bought a new position in Five Below in the 3rd quarter worth about $42,000. Retirement Systems of Alabama boosted its position in shares of Five Below by 47.2% during the 3rd quarter. Retirement Systems of Alabama now owns 151,344 shares of the specialty retailer’s stock valued at $13,371,000 after acquiring an additional 48,524 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Five Below by 149.1% during the fourth quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 814 shares in the last quarter. Everence Capital Management Inc. bought a new position in shares of Five Below in the fourth quarter worth approximately $249,000. Finally, Oak Thistle LLC raised its stake in Five Below by 3.0% in the fourth quarter. Oak Thistle LLC now owns 15,910 shares of the specialty retailer’s stock valued at $1,670,000 after purchasing an additional 470 shares in the last quarter.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.