Five Below, Inc. (NASDAQ:FIVE) has earned an average rating of “Buy” from the twenty-one research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $53.74.

FIVE has been the subject of a number of research reports. Jefferies Group LLC boosted their price objective on Five Below from $55.00 to $62.00 and gave the company a “buy” rating in a research note on Tuesday, May 9th. Deutsche Bank AG reiterated a “hold” rating and issued a $53.00 price objective (up previously from $48.00) on shares of Five Below in a research note on Tuesday, May 30th. Credit Suisse Group reiterated an “outperform” rating and issued a $65.00 price objective (up previously from $47.00) on shares of Five Below in a research note on Saturday, June 3rd. Guggenheim reiterated a “buy” rating and issued a $60.00 price objective (up previously from $52.00) on shares of Five Below in a research note on Saturday, June 3rd. Finally, MKM Partners reiterated a “buy” rating and issued a $57.00 price objective (up previously from $51.00) on shares of Five Below in a research note on Thursday, June 1st.

Shares of Five Below (NASDAQ:FIVE) traded up 0.27% during trading on Tuesday, reaching $48.73. 716,423 shares of the company traded hands. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of 36.67 and a beta of 0.94. Five Below has a 1-year low of $35.03 and a 1-year high of $54.13. The stock’s 50 day moving average is $47.93 and its 200 day moving average is $46.13.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Thursday, June 1st. The specialty retailer reported $0.15 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.01. Five Below had a return on equity of 24.02% and a net margin of 7.06%. The company had revenue of $232.90 million during the quarter, compared to analysts’ expectations of $230.75 million. During the same quarter in the previous year, the business earned $0.12 earnings per share. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. On average, analysts forecast that Five Below will post $1.64 EPS for the current year.

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In related news, CFO Kenneth R. Bull sold 17,300 shares of the company’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $53.90, for a total transaction of $932,470.00. Following the transaction, the chief financial officer now owns 76,544 shares of the company’s stock, valued at $4,125,721.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.92% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Teachers Advisors LLC raised its position in shares of Five Below by 2.4% in the fourth quarter. Teachers Advisors LLC now owns 88,147 shares of the specialty retailer’s stock worth $3,522,000 after buying an additional 2,069 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Five Below by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 22,400 shares of the specialty retailer’s stock worth $970,000 after buying an additional 300 shares in the last quarter. State of Alaska Department of Revenue raised its position in shares of Five Below by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 6,080 shares of the specialty retailer’s stock worth $263,000 after buying an additional 140 shares in the last quarter. Independent Portfolio Consultants Inc. raised its position in shares of Five Below by 14.4% in the first quarter. Independent Portfolio Consultants Inc. now owns 13,745 shares of the specialty retailer’s stock worth $595,000 after buying an additional 1,730 shares in the last quarter. Finally, First Mercantile Trust Co. raised its position in shares of Five Below by 30.5% in the first quarter. First Mercantile Trust Co. now owns 2,310 shares of the specialty retailer’s stock worth $100,000 after buying an additional 540 shares in the last quarter.

About Five Below

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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