Shares of Five Below, Inc. (NASDAQ:FIVE) have been given a consensus rating of “Buy” by the twenty ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $55.66.

A number of equities analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Five Below in a research report on Friday. They issued an “outperform” rating and a $65.00 target price on the stock. BidaskClub upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. Jefferies Group LLC restated a “buy” rating and issued a $52.00 price objective on shares of Five Below in a research report 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 price objective on the stock in a research report on Wednesday, August 23rd. Finally, Loop Capital set a $60.00 price objective on shares of Five Below and gave the company a “buy” rating in a research report on Monday, August 28th.

In other Five Below news, insider Thomas Vellios sold 142,573 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $55.13, for a total transaction of $7,860,049.49. Following the completion of the sale, the insider now directly owns 757,823 shares of the company’s stock, valued at $41,778,781.99. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 3.22% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in FIVE. First Mercantile Trust Co. increased its holdings in Five Below by 1.7% during 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 last quarter. Raymond James Trust N.A. purchased a new stake in shares of Five Below in the second quarter worth $205,000. Strs Ohio increased its stake in shares of Five Below by 40.0% in the second quarter. Strs Ohio now owns 4,200 shares of the specialty retailer’s stock worth $207,000 after purchasing an additional 1,200 shares in the last quarter. Miles Capital Inc. purchased a new stake in shares of Five Below in the second quarter worth $210,000. Finally, Riverhead Capital Management LLC increased its stake in shares of Five Below by 73.2% in the second quarter. Riverhead Capital Management LLC now owns 4,329 shares of the specialty retailer’s stock worth $214,000 after purchasing an additional 1,829 shares in the last quarter.

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Five Below (NASDAQ FIVE) traded up $0.11 during midday trading on Friday, hitting $57.01. 1,071,199 shares of the stock were exchanged, compared to its average volume of 816,707. Five Below has a 52 week low of $35.03 and a 52 week high of $58.07. The company has a market cap of $3,146.95, a P/E ratio of 39.32, a P/E/G ratio of 1.20 and a beta of 0.80.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, topping 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 firm’s revenue was up 28.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 EPS. equities research analysts forecast that Five Below will post 1.66 EPS for the current 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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