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

Five Below, Inc. (NASDAQ:FIVE – Get Rating) has received an average rating of “Buy” from the twenty analysts that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $223.50.

A number of equities analysts have commented on the stock. Citigroup raised shares of Five Below from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $176.00 to $205.00 in a research note on Thursday, March 31st. Telsey Advisory Group dropped their price objective on shares of Five Below from $235.00 to $230.00 and set an “outperform” rating for the company in a report on Thursday, March 31st. Loop Capital dropped their price objective on shares of Five Below from $210.00 to $165.00 in a report on Thursday, March 31st. Jefferies Financial Group lowered their price target on shares of Five Below from $300.00 to $250.00 and set a “buy” rating for the company in a report on Friday, April 1st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Five Below from $276.00 to $284.00 and gave the company a “buy” rating in a report on Thursday, March 31st.

Hedge funds and other institutional investors have recently modified their holdings of the business. Advisor Group Holdings Inc. grew its holdings in Five Below by 1.9% during the third quarter. Advisor Group Holdings Inc. now owns 18,843 shares of the specialty retailer’s stock valued at $3,322,000 after purchasing an additional 360 shares during the last quarter. Advisory Services Network LLC lifted its position in Five Below by 105.8% in the third quarter. Advisory Services Network LLC now owns 214 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 110 shares during the period. First Horizon Advisors Inc. lifted its position in Five Below by 201.9% in the third quarter. First Horizon Advisors Inc. now owns 1,271 shares of the specialty retailer’s stock worth $54,000 after purchasing an additional 850 shares during the period. CIBC Asset Management Inc raised its stake in Five Below by 9.0% during the third quarter. CIBC Asset Management Inc now owns 2,275 shares of the specialty retailer’s stock worth $402,000 after acquiring an additional 187 shares in the last quarter. Finally, Inspire Investing LLC acquired a new position in Five Below during the third quarter worth $210,000. 99.20% of the stock is owned by institutional investors.

Shares of NASDAQ:FIVE traded up $6.89 on Friday, hitting $145.98. 691,285 shares of the company’s stock were exchanged, compared to its average volume of 860,584. The business’s 50 day simple moving average is $162.59 and its two-hundred day simple moving average is $177.74. The stock has a market capitalization of $8.10 billion, a price-to-earnings ratio of 29.49, a price-to-earnings-growth ratio of 1.20 and a beta of 1.31. Five Below has a 12 month low of $133.75 and a 12 month high of $237.86.

Five Below (NASDAQ:FIVE – Get Rating) last issued its earnings results on Wednesday, March 30th. The specialty retailer reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.01. The firm had revenue of $996.30 million during the quarter, compared to analysts’ expectations of $1.01 billion. Five Below had a net margin of 9.79% and a return on equity of 27.29%. The firm’s revenue was up 16.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.20 earnings per share. On average, research analysts anticipate that Five Below will post 5.54 earnings per share for the current fiscal year.

About Five Below (Get Rating)

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room.

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