Telsey Advisory Group Reiterates “Outperform” Rating for Five Below (NASDAQ:FIVE)

Five Below (NASDAQ:FIVEGet Free Report)‘s stock had its “outperform” rating reaffirmed by research analysts at Telsey Advisory Group in a research report issued on Friday, Benzinga reports. They currently have a $220.00 price target on the specialty retailer’s stock. Telsey Advisory Group’s price target would indicate a potential upside of 59.27% from the stock’s current price.

A number of other equities analysts have also commented on FIVE. Mizuho assumed coverage on shares of Five Below in a research report on Tuesday, March 19th. They set a “buy” rating and a $225.00 price target on the stock. Citigroup lowered their price target on shares of Five Below from $210.00 to $185.00 and set a “buy” rating on the stock in a research report on Wednesday. Wells Fargo & Company raised shares of Five Below from an “equal weight” rating to an “overweight” rating and set a $180.00 price target on the stock in a research report on Thursday, April 25th. UBS Group lowered their price target on shares of Five Below from $270.00 to $245.00 and set a “buy” rating on the stock in a research report on Thursday, March 21st. Finally, Gordon Haskett downgraded shares of Five Below from a “buy” rating to an “accumulate” rating and reduced their price objective for the stock from $210.00 to $200.00 in a research note on Wednesday, April 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, Five Below presently has an average rating of “Moderate Buy” and an average price target of $206.44.

View Our Latest Stock Analysis on FIVE

Five Below Price Performance

Shares of FIVE opened at $138.13 on Friday. The firm has a market capitalization of $7.63 billion, a PE ratio of 25.49, a PEG ratio of 1.08 and a beta of 1.21. The company’s 50-day moving average is $150.32 and its 200-day moving average is $179.15. Five Below has a fifty-two week low of $128.64 and a fifty-two week high of $216.18.

Five Below (NASDAQ:FIVEGet Free Report) last issued its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.78 by ($0.13). The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. Five Below had a net margin of 8.46% and a return on equity of 20.80%. Five Below’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the previous year, the company earned $3.07 earnings per share. Analysts predict that Five Below will post 6.03 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Five Below

Hedge funds have recently made changes to their positions in the stock. V Square Quantitative Management LLC acquired a new stake in shares of Five Below in the 4th quarter valued at approximately $26,000. Rise Advisors LLC acquired a new stake in Five Below during the 1st quarter worth approximately $28,000. Planned Solutions Inc. acquired a new stake in Five Below during the 4th quarter worth approximately $34,000. CVA Family Office LLC acquired a new stake in Five Below during the 4th quarter worth approximately $36,000. Finally, Quest Partners LLC acquired a new stake in Five Below during the 4th quarter worth approximately $37,000.

Five Below Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Five Below (NASDAQ:FIVE)

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