Five Below, Inc. (NASDAQ:FIVE) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned a consensus rating of “Moderate Buy” from the seventeen research firms that are currently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $213.11.

Several research analysts have recently weighed in on the stock. Mizuho began coverage on shares of Five Below in a research note on Tuesday, March 19th. They set a “buy” rating and a $225.00 price objective on the stock. UBS Group decreased their target price on Five Below from $270.00 to $245.00 and set a “buy” rating on the stock in a report on Thursday, March 21st. Truist Financial cut their price target on Five Below from $214.00 to $204.00 and set a “buy” rating for the company in a report on Thursday, March 21st. Barclays dropped their price objective on shares of Five Below from $225.00 to $214.00 and set an “overweight” rating on the stock in a research report on Friday, March 22nd. Finally, Morgan Stanley lowered their target price on Five Below from $225.00 to $210.00 and set an “overweight” rating on the stock in a research note on Thursday, March 21st.

Five Below Trading Down 3.4 %

Shares of NASDAQ FIVE opened at $157.48 on Friday. The firm has a market cap of $8.70 billion, a PE ratio of 29.06, a PEG ratio of 1.28 and a beta of 1.19. Five Below has a 1-year low of $144.57 and a 1-year high of $216.18. The company has a fifty day moving average price of $187.45 and a 200 day moving average price of $185.73.

Five Below (NASDAQ:FIVE) last announced 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). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the previous year, the business earned $3.07 EPS. Five Below’s revenue was up 19.1% on a year-over-year basis. Equities research analysts forecast that Five Below will post 6.06 EPS for the current year.

Insider Buying and Selling

In other Five Below news, Director Thomas Vellios sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the completion of the transaction, the director now directly owns 333,697 shares in the company, valued at $62,007,576.54. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. V Square Quantitative Management LLC acquired a new position in shares of Five Below in the fourth quarter valued at approximately $26,000. Sunbelt Securities Inc. raised its stake in shares of Five Below by 76.3% during the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 58 shares during the last quarter. Rise Advisors LLC acquired a new position in shares of Five Below during the first quarter worth $28,000. Planned Solutions Inc. bought a new stake in shares of Five Below in the fourth quarter worth $34,000. Finally, CVA Family Office LLC acquired a new stake in Five Below in the fourth quarter valued at $36,000.

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.