Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned an average rating of “Buy” from the twenty-one research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $54.15.

A number of brokerages have recently commented on FIVE. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a report on Tuesday, May 23rd. MKM Partners restated a “buy” rating and issued a $57.00 price target (up from $51.00) on shares of Five Below in a report on Thursday, June 1st. UBS AG lowered Five Below from a “buy” rating to a “neutral” rating and cut their price target for the company from $59.00 to $52.00 in a report on Monday, July 10th. Royal Bank Of Canada boosted their price target on Five Below from $50.00 to $57.00 and gave the company an “outperform” rating in a report on Friday, June 2nd. Finally, Morgan Stanley restated an “equal weight” rating and issued a $47.00 price target (up from $40.00) on shares of Five Below in a report on Saturday, June 3rd.

Large investors have recently added to or reduced their stakes in the business. First Mercantile Trust Co. raised its stake in Five Below by 1.7% in the second quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock valued at $116,000 after buying an additional 40 shares during the period. Strs Ohio raised its stake in Five Below by 30.4% in the first quarter. Strs Ohio now owns 3,000 shares of the specialty retailer’s stock valued at $129,000 after buying an additional 700 shares during the period. Flinton Capital Management LLC raised its stake in Five Below by 17.6% in the first quarter. Flinton Capital Management LLC now owns 3,400 shares of the specialty retailer’s stock valued at $147,000 after buying an additional 510 shares during the period. Invictus RG bought a new stake in Five Below in the first quarter valued at approximately $183,000. Finally, Ameritas Investment Partners Inc. bought a new stake in Five Below in the first quarter valued at approximately $200,000.

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Five Below (NASDAQ FIVE) traded down 0.08% during midday trading on Friday, hitting $49.59. The stock had a trading volume of 647,268 shares. The firm has a market cap of $2.74 billion, a P/E ratio of 34.25 and a beta of 0.93. Five Below has a 52 week low of $35.03 and a 52 week high of $54.13. The stock has a 50-day moving average of $49.07 and a 200-day moving average of $47.35.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. Five Below had a return on equity of 24.37% and a net margin of 7.29%. The firm had revenue of $283.30 million during the quarter, compared to analysts’ expectations of $276.37 million. During the same period in the previous year, the firm earned $0.18 earnings per share. The company’s revenue was up 28.7% on a year-over-year basis. Analysts forecast that Five Below will post $1.67 EPS for the current fiscal year.

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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