Five Below, Inc. (NASDAQ:FIVE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Five Below, Inc. (NASDAQ:FIVE) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-three brokerages that are presently covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $240.80.

Several equities analysts have weighed in on the stock. Mizuho boosted their target price on shares of Five Below from $185.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Guggenheim boosted their target price on shares of Five Below from $225.00 to $260.00 and gave the company a “buy” rating in a report on Friday, March 20th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Five Below from $247.00 to $287.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Bank of America upped their price target on Five Below from $260.00 to $305.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Telsey Advisory Group upped their price target on Five Below from $240.00 to $260.00 and gave the company an “outperform” rating in a research note on Thursday, March 19th.

Insider Buying and Selling at Five Below

In other news, Director Ronald Sargent sold 10,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total value of $2,312,800.00. Following the transaction, the director owned 83,674 shares of the company’s stock, valued at $19,352,122.72. This represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Kenneth R. Bull sold 10,000 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $234.14, for a total value of $2,341,400.00. Following the completion of the transaction, the chief operating officer directly owned 92,531 shares in the company, valued at approximately $21,665,208.34. This trade represents a 9.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.96% of the company’s stock.

Institutional Trading of Five Below

Institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC acquired a new stake in Five Below in the 3rd quarter valued at approximately $32,000. Bayban acquired a new position in Five Below during the 4th quarter worth about $34,000. V Square Quantitative Management LLC acquired a new position in Five Below during the 4th quarter worth about $35,000. CI Investments Inc. lifted its stake in Five Below by 44.3% during the 3rd quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock worth $37,000 after acquiring an additional 74 shares in the last quarter. Finally, Spire Wealth Management acquired a new position in Five Below during the 4th quarter worth about $38,000.

Five Below Stock Down 2.3%

Shares of NASDAQ FIVE opened at $215.99 on Thursday. The company’s 50-day simple moving average is $225.61 and its 200-day simple moving average is $202.46. Five Below has a 52-week low of $113.41 and a 52-week high of $251.63. The firm has a market cap of $11.94 billion, a price-to-earnings ratio of 33.43, a price-to-earnings-growth ratio of 1.66 and a beta of 1.00.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.00 by $0.31. The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. Five Below had a return on equity of 18.70% and a net margin of 7.53%.The business’s revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the company posted $3.48 earnings per share. Equities research analysts anticipate that Five Below will post 8.16 EPS for the current fiscal year.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.