Brokerages Set Five Below, Inc. (NASDAQ:FIVE) Target Price at $94.30

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) has earned an average rating of "Hold" from the twenty-one ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $94.30.

A number of equities analysts have issued reports on the company. Morgan Stanley reiterated an "equal weight" rating on shares of Five Below in a research note on Thursday, March 20th. Loop Capital cut their target price on Five Below from $120.00 to $75.00 and set a "hold" rating on the stock in a research report on Tuesday, March 18th. Telsey Advisory Group decreased their price target on Five Below from $115.00 to $85.00 and set a "market perform" rating for the company in a report on Tuesday, March 18th. Bank of America dropped their price objective on Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a research note on Thursday, March 20th. Finally, UBS Group reduced their target price on shares of Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, March 20th.

Insider Transactions at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the company's stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now directly owns 12,658 shares in the company, valued at approximately $987,830.32. This represents a 4.41 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Five Below

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. UMB Bank n.a. grew its position in shares of Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock valued at $35,000 after purchasing an additional 204 shares in the last quarter. Byrne Asset Management LLC purchased a new stake in Five Below during the 1st quarter worth about $29,000. Coppell Advisory Solutions LLC boosted its stake in Five Below by 143.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 253 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Five Below during the 3rd quarter valued at about $42,000. Finally, Bessemer Group Inc. increased its position in shares of Five Below by 246.9% during the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock valued at $37,000 after buying an additional 353 shares during the period.

Five Below Stock Performance

Five Below stock traded down $0.66 during mid-day trading on Wednesday, reaching $74.74. The stock had a trading volume of 420,270 shares, compared to its average volume of 1,978,436. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $150.88. The stock's 50-day simple moving average is $74.41 and its 200-day simple moving average is $88.34. The firm has a market capitalization of $4.11 billion, a PE ratio of 15.39, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the firm posted $3.65 EPS. Five Below's revenue was up 4.0% compared to the same quarter last year. On average, research analysts forecast that Five Below will post 4.93 earnings per share for the current fiscal year.

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.