Shares of Five Below Inc (NASDAQ:FIVE) have been assigned an average rating of “Buy” from the nineteen research firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $64.72.

A number of brokerages recently issued reports on FIVE. Dougherty & Co raised their price objective on shares of Five Below from $68.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. Jefferies Group reiterated a “buy” rating and issued a $85.00 price objective on shares of Five Below in a report on Monday, January 8th. MKM Partners raised their price objective on shares of Five Below to $75.00 and gave the company a “buy” rating in a report on Thursday, January 4th. Deutsche Bank upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Wednesday, January 3rd. Finally, Morgan Stanley raised their price objective on shares of Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a report on Wednesday, December 27th.

Shares of Five Below (FIVE) traded up $0.73 during midday trading on Friday, reaching $67.52. 677,718 shares of the company were exchanged, compared to its average volume of 1,150,000. The company has a market cap of $3,730.00, a price-to-earnings ratio of 44.13, a PEG ratio of 1.29 and a beta of 0.84. Five Below has a 1-year low of $37.14 and a 1-year high of $73.55.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The business had revenue of $257.18 million during the quarter, compared to analyst estimates of $246.04 million. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same quarter last year, the business earned $0.10 EPS. analysts predict that Five Below will post 1.81 EPS for the current fiscal year.

In other Five Below news, insider Eric M. Specter sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $67.08, for a total transaction of $1,006,200.00. Following the completion of the transaction, the insider now owns 13,883 shares in the company, valued at approximately $931,271.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Ronald Sargent sold 80,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the transaction, the director now owns 29,429 shares of the company’s stock, valued at approximately $1,930,248.11. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 143,400 shares of company stock valued at $9,474,401. Company insiders own 3.22% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in FIVE. Stifel Financial Corp grew its position in shares of Five Below by 1.4% during the 2nd quarter. Stifel Financial Corp now owns 15,614 shares of the specialty retailer’s stock worth $765,000 after buying an additional 214 shares during the period. D.A. Davidson & CO. grew its position in shares of Five Below by 5.2% during the 2nd quarter. D.A. Davidson & CO. now owns 5,921 shares of the specialty retailer’s stock worth $292,000 after buying an additional 294 shares during the period. Amalgamated Bank grew its position in shares of Five Below by 5.3% during the 2nd quarter. Amalgamated Bank now owns 7,477 shares of the specialty retailer’s stock worth $369,000 after buying an additional 378 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Five Below by 6.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,848 shares of the specialty retailer’s stock worth $438,000 after buying an additional 506 shares during the period. Finally, Advisor Group Inc. grew its position in shares of Five Below by 11.4% during the 2nd quarter. Advisor Group Inc. now owns 5,870 shares of the specialty retailer’s stock worth $290,000 after buying an additional 599 shares during the period.

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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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