Telsey Advisory Group Boosts Five Below (NASDAQ:FIVE) Price Target to $90.00

Five Below (NASDAQ:FIVE) had its price objective lifted by research analysts at Telsey Advisory Group from $85.00 to $90.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “market perform” rating on the specialty retailer’s stock. Telsey Advisory Group’s price objective points to a potential upside of 6.75% from the company’s current price.

A number of other equities analysts also recently commented on FIVE. DA Davidson reduced their target price on shares of Five Below from $50.00 to $25.00 and set a “neutral” rating on the stock in a research note on Monday, April 14th. Morgan Stanley reiterated an “equal weight” rating on shares of Five Below in a report on Thursday, March 20th. Loop Capital cut their target price on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research note on Tuesday, March 18th. JPMorgan Chase & Co. raised Five Below from an “underweight” rating to a “neutral” rating and set a $57.00 price target on the stock in a research note on Monday, April 7th. Finally, UBS Group cut their price objective on Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $95.70.

Five Below Stock Up 11.9 %

FIVE opened at $84.31 on Friday. The company has a 50-day moving average price of $73.30 and a 200 day moving average price of $87.84. Five Below has a twelve month low of $52.38 and a twelve month high of $146.97. The company has a market cap of $4.64 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 1.19 and a beta of 0.87.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating the consensus estimate of $3.38 by $0.10. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the firm earned $3.65 earnings per share. As a group, sell-side analysts expect that Five Below will post 4.93 earnings per share for the current year.

Insider Activity at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the business’s stock in a transaction 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 completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FIVE. Burns Matteson Capital Management LLC purchased a new stake in shares of Five Below in the first quarter valued at about $300,000. Victory Capital Management Inc. raised its stake in Five Below by 6.2% during the 1st quarter. Victory Capital Management Inc. now owns 10,949 shares of the specialty retailer’s stock valued at $820,000 after acquiring an additional 644 shares during the last quarter. Reyes Financial Architecture Inc. acquired a new stake in Five Below during the 1st quarter worth approximately $92,000. CWM LLC grew its stake in shares of Five Below by 371.8% in the 1st quarter. CWM LLC now owns 23,168 shares of the specialty retailer’s stock valued at $1,736,000 after purchasing an additional 18,257 shares during the last quarter. Finally, Stephens Investment Management Group LLC increased its holdings in shares of Five Below by 14.9% in the first quarter. Stephens Investment Management Group LLC now owns 710,782 shares of the specialty retailer’s stock valued at $53,255,000 after purchasing an additional 92,410 shares during the period.

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.