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Equities researchers at Janney Montgomery Scott assumed coverage on shares of Five Below (NASDAQ:FIVE) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of Five Below (NASDAQ:FIVE) opened at 34.53 on Thursday. Five Below has a one year low of $33.94 and a one year high of $55.28. The stock has a 50-day moving average of $40.12 and a 200-day moving average of $43.7. The company has a market cap of $1.870 billion and a P/E ratio of 72.12.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.04 by $0.01. The company had revenue of $110.70 million for the quarter, compared to the consensus estimate of $111.78 million. During the same quarter last year, the company posted $0.03 earnings per share. Five Below’s revenue was up 27.8% compared to the same quarter last year. On average, analysts predict that Five Below will post $0.66 earnings per share for the current fiscal year.

A number of other firms have also recently commented on FIVE. Analysts at Zacks downgraded shares of Five Below from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday. They now have a $33.60 price target on the stock. Separately, analysts at Barclays upgraded shares of Five Below from an “equal weight” rating to an “overweight” rating in a research note to investors on Thursday, January 23rd. They now have a $45.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Five Below in a research note to investors on Thursday, January 16th. They now have a $50.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $51.42.

Five Below, Inc (NASDAQ:FIVE) is a retailer offering a range of merchandise for teen and pre-teen customer.

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