Five Below, Inc. (NASDAQ:FIVE) Receives Average Rating of “Hold” from Analysts

Five Below, Inc. (NASDAQ:FIVE) has received an average rating of “Hold” from the twenty analysts that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $102.16.

Several equities analysts have issued reports on FIVE shares. Mizuho dropped their price objective on shares of Five Below from $105.00 to $88.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. JPMorgan Chase & Co. dropped their price target on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. The Goldman Sachs Group reduced their price objective on shares of Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Telsey Advisory Group cut their target price on Five Below from $115.00 to $85.00 and set a “market perform” rating for the company in a research note on Tuesday, March 18th. Finally, Craig Hallum lifted their price target on Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, December 5th.

Insider Activity

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ronald James Masciantonio sold 584 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the transaction, the executive vice president now directly owns 12,658 shares of the company’s stock, valued at approximately $987,830.32. This represents a 4.41 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Five Below

Several hedge funds and other institutional investors have recently bought and sold shares of FIVE. Raymond James Financial Inc. acquired a new stake in shares of Five Below during the fourth quarter worth $8,489,000. Charles Schwab Investment Management Inc. boosted its stake in Five Below by 41.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock worth $54,272,000 after buying an additional 180,902 shares during the last quarter. National Bank of Canada FI boosted its stake in Five Below by 155.2% in the 3rd quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer’s stock worth $6,964,000 after buying an additional 47,940 shares during the last quarter. Prestige Wealth Management Group LLC acquired a new position in shares of Five Below during the 3rd quarter valued at about $522,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Five Below by 1,094.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 366,146 shares of the specialty retailer’s stock worth $32,349,000 after acquiring an additional 335,493 shares during the period.

Five Below Stock Performance

Shares of FIVE opened at $73.20 on Friday. Five Below has a fifty-two week low of $64.87 and a fifty-two week high of $182.99. The firm has a 50-day simple moving average of $86.05 and a 200-day simple moving average of $92.50. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 15.09, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data 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 company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm earned $3.65 EPS. Equities research analysts forecast that Five Below will post 4.93 EPS for the current year.

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.