Five Below, Inc. (NASDAQ:FIVE) Receives Consensus Rating of "Hold" from Brokerages

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) has received a consensus rating of "Hold" from the twenty-one ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $113.30.

A number of equities research analysts have weighed in on FIVE shares. Truist Financial raised their price objective on Five Below from $81.00 to $112.00 and gave the company a "hold" rating in a research note on Monday, June 2nd. Guggenheim lowered their price objective on Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Evercore ISI raised their price objective on Five Below from $115.00 to $120.00 and gave the company an "in-line" rating in a research note on Tuesday, June 24th. Wells Fargo & Company raised their price objective on Five Below from $115.00 to $140.00 and gave the company an "overweight" rating in a research note on Thursday, June 5th. Finally, JPMorgan Chase & Co. raised their price objective on Five Below from $57.00 to $80.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd.

Insider Transactions at Five Below

In other news, insider Amit Jhunjhunwala sold 1,700 shares of the business's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $125.17, for a total transaction of $212,789.00. Following the sale, the insider directly owned 25,890 shares of the company's stock, valued at $3,240,651.30. The trade was a 6.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Eric M. Specter sold 5,500 shares of the business's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the sale, the chief accounting officer directly owned 55,854 shares in the company, valued at $7,304,027.58. This trade represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,700 shares of company stock valued at $1,530,209. Corporate insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Kera Capital Partners Inc. acquired a new position in Five Below during the second quarter valued at $384,000. Voya Investment Management LLC raised its position in Five Below by 4.2% during the first quarter. Voya Investment Management LLC now owns 271,497 shares of the specialty retailer's stock valued at $20,342,000 after buying an additional 10,841 shares during the period. Mattson Financial Services LLC raised its position in Five Below by 41.1% during the first quarter. Mattson Financial Services LLC now owns 1,534 shares of the specialty retailer's stock valued at $115,000 after buying an additional 447 shares during the period. Acadian Asset Management LLC acquired a new position in Five Below during the first quarter valued at $2,946,000. Finally, Intech Investment Management LLC grew its stake in Five Below by 35.1% in the first quarter. Intech Investment Management LLC now owns 37,133 shares of the specialty retailer's stock valued at $2,782,000 after purchasing an additional 9,652 shares in the last quarter.

Five Below Price Performance

Five Below stock opened at $132.88 on Monday. The stock's 50-day moving average is $112.04 and its 200-day moving average is $94.41. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 27.86 and a beta of 1.04. Five Below has a 12 month low of $52.38 and a 12 month high of $137.30.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $970.53 million for the quarter, compared to the consensus estimate of $966.29 million. Five Below had a return on equity of 17.00% and a net margin of 6.52%. The company's revenue was up 19.5% on a year-over-year basis. During the same period last year, the business posted $0.60 EPS. Research analysts anticipate that Five Below will post 4.93 EPS for the current 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.

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