Five Below (NASDAQ:FIVE) PT Lowered to $225.00 at Evercore ISI

Five Below (NASDAQ:FIVE) had its price target decreased by analysts at Evercore ISI from $230.00 to $225.00 in a report released on Tuesday, Benzinga reports. The firm presently has an “outperform” rating on the specialty retailer’s stock. Evercore ISI’s price target indicates a potential upside of 47.93% from the company’s current price.

A number of other research firms have also recently weighed in on FIVE. Gordon Haskett cut Five Below from a “buy” rating to an “accumulate” rating and decreased their price target for the stock from $210.00 to $200.00 in a report on Wednesday, April 3rd. JPMorgan Chase & Co. cut their target price on Five Below from $222.00 to $215.00 and set an “overweight” rating on the stock in a research report on Thursday, March 21st. UBS Group cut their target price on Five Below from $270.00 to $245.00 and set a “buy” rating on the stock in a research report on Thursday, March 21st. Truist Financial cut their target price on Five Below from $214.00 to $204.00 and set a “buy” rating on the stock in a research report on Thursday, March 21st. Finally, Barclays cut their target price on Five Below from $225.00 to $214.00 and set an “overweight” rating on the stock in a research report on Friday, March 22nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.83.

Five Below Stock Up 1.9 %

NASDAQ FIVE opened at $152.10 on Tuesday. The stock has a market cap of $8.40 billion, a PE ratio of 28.06, a P/E/G ratio of 1.22 and a beta of 1.19. Five Below has a fifty-two week low of $144.57 and a fifty-two week high of $216.18. The business has a 50 day moving average price of $185.68 and a two-hundred day moving average price of $185.90.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $3.78 by ($0.13). The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Five Below had a return on equity of 20.80% and a net margin of 8.46%. The firm’s revenue was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.07 EPS. Sell-side analysts anticipate that Five Below will post 6.06 EPS for the current fiscal year.

Insiders Place Their Bets

In other Five Below news, Director Thomas Vellios sold 10,000 shares of the stock in a transaction on Friday, January 19th. The stock was sold at an average price of $185.82, for a total value of $1,858,200.00. Following the sale, the director now directly owns 333,697 shares of the company’s stock, valued at $62,007,576.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.80% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Five Below

Several large investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. increased its position in Five Below by 76.3% in the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock worth $26,000 after buying an additional 58 shares during the period. Silvercrest Asset Management Group LLC increased its position in Five Below by 0.6% in the first quarter. Silvercrest Asset Management Group LLC now owns 9,777 shares of the specialty retailer’s stock worth $2,014,000 after buying an additional 58 shares during the period. Lindbrook Capital LLC increased its position in Five Below by 4.7% in the fourth quarter. Lindbrook Capital LLC now owns 1,320 shares of the specialty retailer’s stock worth $281,000 after buying an additional 59 shares during the period. Park Place Capital Corp increased its position in Five Below by 11.5% in the third quarter. Park Place Capital Corp now owns 641 shares of the specialty retailer’s stock worth $103,000 after buying an additional 66 shares during the period. Finally, Kestra Advisory Services LLC grew its stake in shares of Five Below by 2.2% in the third quarter. Kestra Advisory Services LLC now owns 3,103 shares of the specialty retailer’s stock worth $499,000 after purchasing an additional 67 shares in the last quarter.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.