Five Below, Inc. (NASDAQ:FIVE) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Five Below, Inc. (NASDAQ:FIVE) has been given a consensus rating of “Moderate Buy” by the twenty-three ratings firms that are presently covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $240.80.

A number of equities research analysts have issued reports on FIVE shares. Sanford C. Bernstein reiterated a “market perform” rating and set a $206.00 target price on shares of Five Below in a report on Monday, February 9th. Wells Fargo & Company increased their target price on shares of Five Below from $220.00 to $260.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. William Blair raised Five Below from a “market perform” rating to an “outperform” rating in a research report on Thursday, March 19th. Citigroup increased their price target on Five Below from $200.00 to $235.00 and gave the company a “neutral” rating in a research report on Thursday, March 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Five Below from $247.00 to $287.00 and gave the company a “buy” rating in a research report on Thursday, March 19th.

Insider Activity at Five Below

In related news, Director Ronald Sargent sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $231.28, for a total value of $2,312,800.00. Following the sale, the director owned 83,674 shares of the company’s stock, valued at $19,352,122.72. This trade represents a 10.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kenneth R. Bull sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.14, for a total transaction of $2,341,400.00. Following the completion of the sale, the chief operating officer directly owned 92,531 shares in the company, valued at approximately $21,665,208.34. This trade represents a 9.75% decrease in their position. The SEC filing for this sale provides additional information. 0.96% of the stock is owned by company insiders.

Institutional Investors Weigh In On Five Below

Hedge funds and other institutional investors have recently made changes to their positions in the business. Essential Partners LLC raised its stake in Five Below by 1.1% during the 1st quarter. Essential Partners LLC now owns 8,113 shares of the specialty retailer’s stock worth $1,854,000 after acquiring an additional 91 shares in the last quarter. Bank of America Corp DE raised its stake in Five Below by 39.0% during the 1st quarter. Bank of America Corp DE now owns 513,362 shares of the specialty retailer’s stock worth $117,293,000 after acquiring an additional 144,003 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in Five Below during the 1st quarter worth $1,635,000. Cim LLC acquired a new stake in Five Below during the 1st quarter worth $2,807,000. Finally, Bull Harbor Capital LLC acquired a new stake in Five Below during the 1st quarter worth $1,228,000.

Five Below Stock Down 2.3%

Five Below stock opened at $215.99 on Thursday. The firm has a market cap of $11.94 billion, a PE ratio of 33.43, a price-to-earnings-growth ratio of 1.66 and a beta of 1.00. Five Below has a 52-week low of $113.41 and a 52-week high of $251.63. The company’s 50 day moving average is $225.61 and its two-hundred day moving average is $202.46.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.00 by $0.31. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The firm’s quarterly revenue was up 24.3% on a year-over-year basis. During the same period in the prior year, the business earned $3.48 EPS. On average, equities research analysts anticipate that Five Below will post 8.16 earnings per share for the current fiscal year.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.