Five Below, Inc. (NASDAQ:FIVE) Given Average Recommendation of “Hold” by Analysts

Shares of Five Below, Inc. (NASDAQ:FIVE) have been given an average rating of “Hold” by the twenty brokerages that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $111.32.

A number of research firms have recently issued reports on FIVE. Gordon Haskett upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a report on Thursday, November 7th. Morgan Stanley lifted their price target on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. reduced their price objective on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Loop Capital lifted their target price on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Finally, Mizuho increased their price target on Five Below from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, December 6th.

Insider Buying and Selling

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Five Below by 41.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock valued at $54,272,000 after acquiring an additional 180,902 shares in the last quarter. National Bank of Canada FI boosted its holdings in Five Below by 155.2% in the 3rd quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer’s stock valued at $6,964,000 after purchasing an additional 47,940 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Five Below during the 3rd quarter worth approximately $3,282,000. Algert Global LLC increased its holdings in shares of Five Below by 364.2% during the third quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer’s stock worth $2,282,000 after purchasing an additional 20,266 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Five Below by 72.8% during the third quarter. Janney Montgomery Scott LLC now owns 21,815 shares of the specialty retailer’s stock worth $1,927,000 after purchasing an additional 9,188 shares during the period.

Five Below Stock Performance

Shares of FIVE opened at $90.17 on Friday. The stock has a 50 day simple moving average of $99.63 and a 200 day simple moving average of $90.90. Five Below has a 52-week low of $64.87 and a 52-week high of $212.01. The firm has a market capitalization of $4.96 billion, a PE ratio of 18.59, a P/E/G ratio of 1.26 and a beta of 1.12.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. During the same quarter in the prior year, the company earned $0.26 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. Equities research analysts predict that Five Below will post 4.93 EPS 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.