Five Below Inc (NASDAQ:FIVE)‘s stock had its “buy” rating restated by Dougherty & Co in a research report issued on Friday.

Other equities research analysts have also recently issued reports about the stock. Deutsche Bank AG reaffirmed a “hold” rating and issued a $53.00 price objective (up from $48.00) on shares of Five Below in a research report on Tuesday, May 30th. Vetr cut shares of Five Below from a “hold” rating to a “sell” rating and set a $47.56 price objective on the stock. in a research report on Wednesday, April 26th. Zacks Investment Research raised shares of Five Below from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research report on Tuesday, May 23rd. BTIG Research reaffirmed a “neutral” rating on shares of Five Below in a research report on Saturday, June 3rd. Finally, Loop Capital reaffirmed a “buy” rating and issued a $60.00 price objective (up from $54.00) on shares of Five Below in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $53.74.

Five Below (NASDAQ:FIVE) traded down 1.09% during trading on Friday, hitting $47.33. 402,542 shares of the stock were exchanged. The firm has a market capitalization of $2.61 billion, a PE ratio of 35.61 and a beta of 0.94. Five Below has a 12-month low of $35.03 and a 12-month high of $54.13. The stock has a 50 day moving average price of $47.97 and a 200-day moving average price of $45.91.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Thursday, June 1st. The specialty retailer reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. The company had revenue of $232.90 million for the quarter, compared to analysts’ expectations of $230.75 million. Five Below had a net margin of 3.60% and a return on equity of 9.96%. The business’s quarterly revenue was up 20.9% compared to the same quarter last year. During the same period last year, the firm posted $0.12 earnings per share. On average, equities research analysts anticipate that Five Below will post $1.64 earnings per share for the current fiscal year.

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In other Five Below news, CFO Kenneth R. Bull sold 17,300 shares of the business’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $53.90, for a total transaction of $932,470.00. Following the sale, the chief financial officer now directly owns 76,544 shares of the company’s stock, valued at approximately $4,125,721.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 3.22% of the company’s stock.

A number of large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Five Below by 27,003.0% in the first quarter. BlackRock Inc. now owns 6,826,168 shares of the specialty retailer’s stock valued at $295,641,000 after buying an additional 6,800,982 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Five Below by 73,572.2% in the third quarter. Victory Capital Management Inc. now owns 1,465,341 shares of the specialty retailer’s stock valued at $59,038,000 after buying an additional 1,463,352 shares during the period. Janus Capital Management acquired a new stake in shares of Five Below during the third quarter valued at approximately $27,624,000. Oak Ridge Investments LLC acquired a new stake in shares of Five Below during the third quarter valued at approximately $31,174,000. Finally, TimesSquare Capital Management LLC acquired a new stake in shares of Five Below during the first quarter valued at approximately $31,188,000.

Five Below Company Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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