Five Below, Inc. (NASDAQ:FIVE) Given Consensus Rating of “Hold” by Brokerages

Five Below, Inc. (NASDAQ:FIVE) has been assigned an average recommendation of “Hold” from the twenty-one ratings firms that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $116.15.

FIVE has been the topic of a number of research reports. Citigroup upped their price target on shares of Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a research note on Monday, December 2nd. Wells Fargo & Company upped their target price on Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Loop Capital lifted their price target on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a report on Thursday, December 5th. The Goldman Sachs Group boosted their price target on Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Finally, Mizuho raised their price objective on shares of Five Below from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, December 6th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp boosted its position in Five Below by 12.0% in the second quarter. Fifth Third Bancorp now owns 1,375 shares of the specialty retailer’s stock valued at $150,000 after buying an additional 147 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Five Below by 9.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 2,122 shares of the specialty retailer’s stock worth $231,000 after acquiring an additional 180 shares in the last quarter. Peloton Wealth Strategists grew its position in Five Below by 3.0% during the 2nd quarter. Peloton Wealth Strategists now owns 6,820 shares of the specialty retailer’s stock worth $743,000 after acquiring an additional 200 shares during the last quarter. Partnership Wealth Management LLC increased its holdings in Five Below by 63.5% during the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after purchasing an additional 200 shares in the last quarter. Finally, Arizona State Retirement System increased its holdings in Five Below by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 15,464 shares of the specialty retailer’s stock valued at $1,685,000 after purchasing an additional 296 shares in the last quarter.

Five Below Trading Down 0.2 %

Shares of Five Below stock opened at $107.50 on Thursday. Five Below has a 1 year low of $64.87 and a 1 year high of $216.18. The stock has a 50-day moving average price of $95.80 and a 200 day moving average price of $92.12. The company has a market cap of $5.91 billion, a P/E ratio of 22.16, a P/E/G ratio of 1.12 and a beta of 1.19.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.16 by $0.26. The business had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period last year, the company posted $0.26 earnings per share. On average, equities analysts forecast that Five Below will post 4.94 earnings per share for the current fiscal year.

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.