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

Key Points

• Five Below, Inc. has received a consensus rating of "Hold" from twenty analysts, with one sell, thirteen hold, and six buy recommendations.
• The company recently reported quarterly earnings of $0.86 per share, exceeding estimates and showing a 19.5% increase in revenue compared to the previous year.
• Institutional investors have been increasing their stakes in Five Below, with notable increases from firms like Schonfeld Strategic Advisors and Wealth Enhancement Advisory Services.

Shares of Five Below, Inc. (NASDAQ:FIVE - Get Free Report) have been given an average rating of "Hold" by the twenty analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $119.00.

A number of research firms recently commented on FIVE. Bank of America lifted their price target on shares of Five Below from $78.00 to $93.00 and gave the stock an "underperform" rating in a research note on Thursday, June 5th. Truist Financial boosted their target price on Five Below from $81.00 to $112.00 and gave the company a "hold" rating in a research report on Monday, June 2nd. Morgan Stanley upped their target price on Five Below from $110.00 to $135.00 and gave the company an "equal weight" rating in a research note on Thursday, June 5th. Citigroup increased their price target on Five Below from $121.00 to $135.00 and gave the stock a "neutral" rating in a report on Wednesday, June 4th. Finally, Telsey Advisory Group boosted their price objective on Five Below from $90.00 to $128.00 and gave the company a "market perform" rating in a report on Wednesday, June 4th.

Insider Buying and Selling

In other news, insider Amit Jhunjhunwala sold 1,700 shares of the company's stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $125.17, for a total value of $212,789.00. Following the completion of the sale, the insider owned 25,890 shares of the company's stock, valued at approximately $3,240,651.30. This represents a 6.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider George Hill sold 1,500 shares of Five Below stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $140.00, for a total transaction of $210,000.00. Following the transaction, the insider directly owned 42,672 shares in the company, valued at approximately $5,974,080. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,200 shares of company stock valued at $1,740,209 over the last three months. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five Below

A number of large investors have recently bought and sold shares of FIVE. Vanguard Group Inc. raised its position in shares of Five Below by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after acquiring an additional 376,932 shares in the last quarter. Wasatch Advisors LP grew its stake in Five Below by 3.7% in the fourth quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer's stock valued at $254,012,000 after purchasing an additional 86,271 shares during the last quarter. Marshall Wace LLP raised its holdings in Five Below by 86.0% in the fourth quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock worth $243,529,000 after purchasing an additional 1,072,642 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Five Below by 26,340.9% during the first quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock valued at $111,337,000 after buying an additional 1,480,361 shares during the last quarter. Finally, Steadfast Capital Management LP bought a new stake in shares of Five Below in the 4th quarter valued at about $123,601,000.

Five Below Price Performance

Shares of Five Below stock traded down $3.36 on Friday, reaching $133.16. The company had a trading volume of 1,246,624 shares, compared to its average volume of 1,117,564. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of 27.92 and a beta of 1.06. The firm's 50-day moving average price is $128.83 and its two-hundred day moving average price is $98.99. Five Below has a 1 year low of $52.38 and a 1 year high of $143.88.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, topping the consensus estimate of $0.83 by $0.03. Five Below had a net margin of 6.52% and a return on equity of 17.00%. The company had revenue of $970.53 million during the quarter, compared to analyst estimates of $966.29 million. During the same period in the previous year, the firm earned $0.60 earnings per share. Five Below's quarterly revenue was up 19.5% compared to the same quarter last year. As a group, 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.