Five Below, Inc. (NASDAQ:FIVE) Receives Average Recommendation of “Hold” from Analysts

Five Below, Inc. (NASDAQ:FIVE) has been assigned an average recommendation of “Hold” from the twenty research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $111.32.

Several brokerages recently commented on FIVE. Morgan Stanley boosted their price target on shares of Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Bank of America lowered shares of Five Below from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $98.00 to $75.00 in a report on Wednesday, November 6th. Wells Fargo & Company upped their target price on shares of Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Gordon Haskett raised shares of Five Below from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a report on Thursday, January 16th.

Insider Activity

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Paladin Wealth LLC purchased a new position in Five Below during the third quarter worth about $26,000. UMB Bank n.a. boosted its stake in Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after buying an additional 204 shares during the period. Brooklyn Investment Group purchased a new position in Five Below during the third quarter worth about $30,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Five Below in the third quarter valued at approximately $42,000. Finally, R Squared Ltd purchased a new position in shares of Five Below in the fourth quarter valued at approximately $68,000.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $93.94 on Friday. The firm has a market cap of $5.17 billion, a PE ratio of 19.37, a PEG ratio of 1.28 and a beta of 1.12. The firm has a fifty day moving average of $101.01 and a 200 day moving average of $90.38. Five Below has a one year low of $64.87 and a one year high of $212.01.

Five Below (NASDAQ:FIVE) last issued 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 company had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 EPS. On average, equities analysts predict that Five Below will post 4.93 EPS for the current fiscal year.

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.