Five Below, Inc. (NASDAQ:FIVE) Receives $112.40 Consensus PT from Brokerages

Shares of Five Below, Inc. (NASDAQ:FIVE - Get Free Report) have been given an average recommendation of "Hold" by the twenty-one ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $112.40.

Several research firms recently issued reports on FIVE. Wall Street Zen upgraded shares of Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. Bank of America lifted their price objective on Five Below from $78.00 to $93.00 and gave the stock an "underperform" rating in a research report on Thursday, June 5th. Evercore ISI lifted their price objective on Five Below from $98.00 to $115.00 and gave the stock an "in-line" rating in a research report on Thursday, June 5th. Wells Fargo & Company lifted their price objective on Five Below from $115.00 to $140.00 and gave the stock an "overweight" rating in a research report on Thursday, June 5th. Finally, UBS Group lifted their price objective on Five Below from $110.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, June 5th.

Five Below Stock Down 3.3%

Shares of NASDAQ FIVE traded down $4.16 during midday trading on Thursday, reaching $121.82. 1,341,994 shares of the company were exchanged, compared to its average volume of 2,075,108. The stock has a market cap of $6.71 billion, a P/E ratio of 25.12, a PEG ratio of 1.19 and a beta of 1.02. The stock's 50-day moving average price is $93.51 and its 200-day moving average price is $92.12. Five Below has a one year low of $52.38 and a one year high of $137.30.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. The company had revenue of $970.53 million for the quarter, compared to analyst estimates of $966.29 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. Five Below's revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.60 earnings per share. On average, equities research analysts anticipate that Five Below will post 4.93 EPS for the current year.

Insider Transactions at Five Below

In other news, insider George Hill sold 4,500 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $132.93, for a total transaction of $598,185.00. Following the completion of the sale, the insider now directly owns 44,130 shares of the company's stock, valued at $5,866,200.90. The trade was a 9.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ronald James Masciantonio sold 584 shares of the company's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the sale, the executive vice president now directly owns 12,658 shares of the company's stock, valued at $987,830.32. The trade was a 4.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Five Below

A number of institutional investors have recently added to or reduced their stakes in FIVE. Savant Capital LLC bought a new position in shares of Five Below during the 4th quarter valued at approximately $1,094,000. Allspring Global Investments Holdings LLC boosted its holdings in Five Below by 0.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 108,811 shares of the specialty retailer's stock valued at $10,781,000 after purchasing an additional 534 shares during the period. Rhumbline Advisers raised its position in shares of Five Below by 2.4% during the 4th quarter. Rhumbline Advisers now owns 157,799 shares of the specialty retailer's stock valued at $16,563,000 after buying an additional 3,705 shares in the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of Five Below by 4.7% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 24,822 shares of the specialty retailer's stock valued at $2,605,000 after buying an additional 1,121 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in shares of Five Below by 24.7% during the 4th quarter. Sanctuary Advisors LLC now owns 12,407 shares of the specialty retailer's stock valued at $1,193,000 after buying an additional 2,460 shares in the last quarter.

Five Below Company Profile

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.