Five Below Inc (FIVE) Receives Average Rating of “Buy” from Brokerages

Shares of Five Below Inc (NASDAQ:FIVE) have been assigned an average rating of “Buy” from the nineteen analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $65.24.

Several equities analysts recently commented on FIVE shares. Royal Bank of Canada upped their price target on shares of Five Below to $67.00 and gave the company an “outperform” rating in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a report on Thursday, November 30th. Jefferies Group upped their price target on shares of Five Below from $62.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, November 29th. BidaskClub upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 7th. Finally, Buckingham Research upped their price target on shares of Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a report on Friday, December 1st.

Five Below (NASDAQ:FIVE) traded down $0.32 during trading on Tuesday, hitting $64.35. 884,150 shares of the stock were exchanged, compared to its average volume of 1,150,000. Five Below has a 12-month low of $37.14 and a 12-month high of $73.55. The company has a market cap of $3,550.00, a P/E ratio of 42.06, a PEG ratio of 0.91 and a beta of 0.67.

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

In other Five Below news, EVP Michael Romanko sold 12,454 shares of the business’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $66.53, for a total value of $828,564.62. Following the completion of the sale, the executive vice president now directly owns 24,858 shares of the company’s stock, valued at approximately $1,653,802.74. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Ronald Sargent sold 80,000 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the completion of the sale, the director now directly owns 29,429 shares of the company’s stock, valued at $1,930,248.11. The disclosure for this sale can be found here. Over the last three months, insiders sold 143,400 shares of company stock valued at $9,474,401. 2.92% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in FIVE. Gilder Gagnon Howe & Co. LLC purchased a new stake in Five Below in the 4th quarter valued at about $69,990,000. Jennison Associates LLC boosted its position in Five Below by 24.1% in the 3rd quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock valued at $116,568,000 after buying an additional 412,641 shares during the period. Maverick Capital Ltd. boosted its position in Five Below by 580.2% in the 4th quarter. Maverick Capital Ltd. now owns 203,659 shares of the specialty retailer’s stock valued at $13,507,000 after buying an additional 173,717 shares during the period. Wasatch Advisors Inc. boosted its position in Five Below by 7.5% in the 4th quarter. Wasatch Advisors Inc. now owns 2,081,672 shares of the specialty retailer’s stock valued at $138,056,000 after buying an additional 144,473 shares during the period. Finally, Penserra Capital Management LLC boosted its position in Five Below by 388.4% in the 4th quarter. Penserra Capital Management LLC now owns 149,274 shares of the specialty retailer’s stock valued at $9,899,000 after buying an additional 118,707 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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