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

Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned an average rating of “Hold” from the twenty-one analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $97.25.

A number of equities research analysts have weighed in on the company. Barclays lowered their target price on Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a report on Thursday, March 20th. DA Davidson lowered their target price on Five Below from $50.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, April 14th. Guggenheim lowered their target price on Five Below from $140.00 to $125.00 and set a “buy” rating for the company in a report on Friday, March 21st. Mizuho lowered their target price on Five Below from $105.00 to $88.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Finally, Evercore ISI lowered their target price on Five Below from $93.00 to $90.00 and set an “in-line” rating for the company in a report on Tuesday, April 1st.

Five Below Price Performance

Five Below stock opened at $106.52 on Friday. The stock’s 50 day moving average is $75.34 and its 200 day moving average is $88.03. The firm has a market cap of $5.86 billion, a P/E ratio of 21.96, a P/E/G ratio of 1.19 and a beta of 0.87. Five Below has a one year low of $52.38 and a one year high of $141.70.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.65 earnings per share. Equities analysts anticipate that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the transaction, the executive vice president now owns 12,658 shares of the company’s stock, valued at approximately $987,830.32. The trade was a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC purchased a new position in Five Below in the first quarter worth $1,416,000. Vancity Investment Management Ltd bought a new position in shares of Five Below during the 1st quarter worth $886,000. United Services Automobile Association bought a new position in shares of Five Below during the 1st quarter worth $268,000. Samlyn Capital LLC grew its stake in shares of Five Below by 3.7% during the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock worth $83,147,000 after acquiring an additional 39,375 shares during the period. Finally, Parallax Volatility Advisers L.P. grew its stake in shares of Five Below by 250.3% during the 1st quarter. Parallax Volatility Advisers L.P. now owns 21,020 shares of the specialty retailer’s stock worth $1,575,000 after acquiring an additional 15,020 shares during the period.

About Five Below

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.