Five Below, Inc. (FIVE) Receives Average Rating of “Buy” from Brokerages
Five Below, Inc. (NASDAQ:FIVE) has been given a consensus rating of “Buy” by the twenty-one brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $54.15.
A number of research firms have recently issued reports on FIVE. BidaskClub upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Jefferies Group LLC restated a “buy” rating and set a $52.00 target price on shares of Five Below in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a research note on Thursday, September 7th. Buckingham Research restated a “buy” rating and set a $62.00 target price on shares of Five Below in a research note on Friday, September 1st. Finally, Deutsche Bank AG restated a “hold” rating and set a $54.00 target price (up previously from $53.00) on shares of Five Below in a research note on Thursday, August 31st.
In other Five Below news, insider Thomas Vellios sold 142,573 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $55.13, for a total value of $7,860,049.49. Following the transaction, the insider now directly owns 757,823 shares of the company’s stock, valued at approximately $41,778,781.99. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.92% of the stock is owned by company insiders.
Five Below (FIVE) traded down 0.37% on Wednesday, reaching $55.98. 577,464 shares of the company’s stock were exchanged. The firm has a market cap of $3.09 billion, a PE ratio of 38.66 and a beta of 0.90. Five Below has a 12 month low of $35.03 and a 12 month high of $57.65. The firm’s 50-day moving average is $51.55 and its 200-day moving average is $49.28.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 30th. The specialty retailer reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. The company had revenue of $283.30 million during the quarter, compared to the consensus estimate of $276.37 million. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The company’s quarterly revenue was up 28.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.18 EPS. On average, equities analysts forecast that Five Below will post $1.67 earnings per share for the current year.
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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.
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