Five Below, Inc. (NASDAQ:FIVE) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Five Below, Inc. (NASDAQ:FIVEGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four research firms that are covering the stock, MarketBeat reports. Eight equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $229.8571.

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on Five Below from $259.00 to $296.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. Telsey Advisory Group increased their price target on Five Below from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Wall Street Zen raised Five Below from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Truist Financial increased their price target on Five Below from $236.00 to $261.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, The Goldman Sachs Group increased their price target on Five Below from $188.00 to $216.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th.

Get Our Latest Analysis on FIVE

Five Below News Roundup

Here are the key news stories impacting Five Below this week:

Five Below Stock Performance

FIVE stock opened at $226.53 on Wednesday. Five Below has a 1 year low of $54.61 and a 1 year high of $238.40. The stock’s 50 day moving average price is $216.17 and its 200 day moving average price is $185.64. The firm has a market cap of $12.51 billion, a P/E ratio of 35.07, a PEG ratio of 1.77 and a beta of 1.07.

Five Below (NASDAQ:FIVEGet Free Report) last posted its earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.00 by $0.31. Five Below had a return on equity of 18.70% and a net margin of 7.53%.The firm had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the prior year, the company earned $3.48 EPS. Five Below’s revenue was up 24.3% on a year-over-year basis. On average, research analysts predict that Five Below will post 4.93 earnings per share for the current year.

Insiders Place Their Bets

In other Five Below news, Director Ronald Sargent sold 10,000 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the transaction, the director owned 83,674 shares of the company’s stock, valued at $19,352,122.72. This represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Eric M. Specter sold 8,500 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $201.15, for a total value of $1,709,775.00. Following the transaction, the chief accounting officer directly owned 45,724 shares in the company, valued at approximately $9,197,382.60. This represents a 15.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 35,525 shares of company stock valued at $7,789,754 in the last quarter. 1.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FIVE. Northwestern Mutual Wealth Management Co. raised its position in shares of Five Below by 40,774,210.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock worth $10,445,139,000 after buying an additional 55,452,926 shares during the period. Norges Bank purchased a new position in shares of Five Below in the 4th quarter worth $182,786,000. AQR Capital Management LLC raised its position in shares of Five Below by 176.0% in the 4th quarter. AQR Capital Management LLC now owns 1,168,832 shares of the specialty retailer’s stock worth $220,161,000 after buying an additional 745,272 shares during the period. Jennison Associates LLC raised its position in shares of Five Below by 397.5% in the 3rd quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock worth $126,777,000 after buying an additional 654,763 shares during the period. Finally, Marshall Wace LLP raised its position in shares of Five Below by 54.6% in the 4th quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock worth $336,254,000 after buying an additional 630,710 shares during the period.

About Five Below

(Get Free Report)

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.

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Analyst Recommendations for Five Below (NASDAQ:FIVE)

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