Five Below (FIVE) Earns Hold Rating from Barclays

Five Below (NASDAQ:FIVE)‘s stock had its “hold” rating reissued by equities research analysts at Barclays in a research note issued to investors on Sunday. They presently have a $60.00 price target on the specialty retailer’s stock. Barclays’ price target indicates a potential downside of 2.45% from the company’s previous close.

Other research analysts also recently issued reports about the company. Loop Capital set a $60.00 price target on Five Below and gave the company a “buy” rating in a report on Monday, August 28th. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday, August 23rd. Jefferies Group reiterated a “buy” rating and issued a $62.00 price target on shares of Five Below in a report on Wednesday, August 23rd. Dougherty & Co restated a “buy” rating on shares of Five Below in a report on Friday, August 18th. Finally, BidaskClub upgraded Five Below from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $60.91.

Shares of Five Below (NASDAQ FIVE) traded down $0.29 on Friday, reaching $61.51. The company’s stock had a trading volume of 3,961,508 shares, compared to its average volume of 886,405. The firm has a market cap of $3,395.35, a P/E ratio of 40.20, a PEG ratio of 1.29 and a beta of 0.85. Five Below has a 52 week low of $36.90 and a 52 week high of $63.33.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.05. The company had revenue of $257.18 million during the quarter, compared to the consensus estimate of $246.04 million. Five Below had a return on equity of 24.43% and a net margin of 7.31%. Five Below’s revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.10 EPS. analysts expect that Five Below will post 1.78 EPS for the current year.

In other news, insider Thomas Vellios sold 142,573 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was 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 in the company, valued at approximately $41,778,781.99. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 3.22% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Teachers Advisors LLC increased its holdings in Five Below by 5.1% in the 1st quarter. Teachers Advisors LLC now owns 92,626 shares of the specialty retailer’s stock valued at $4,012,000 after purchasing an additional 4,479 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in Five Below in the 1st quarter valued at $3,175,000. LS Investment Advisors LLC increased its holdings in Five Below by 0.8% in the 2nd quarter. LS Investment Advisors LLC now owns 4,732 shares of the specialty retailer’s stock valued at $234,000 after purchasing an additional 39 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Five Below in the 2nd quarter valued at $723,000. Finally, Strs Ohio increased its holdings in Five Below by 40.0% in the 2nd quarter. Strs Ohio now owns 4,200 shares of the specialty retailer’s stock valued at $207,000 after purchasing an additional 1,200 shares in the last quarter.

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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.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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