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

Five Below, Inc. (NASDAQ:FIVE) has been given an average rating of “Hold” by the twenty research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $101.42.

A number of research firms have issued reports on FIVE. JPMorgan Chase & Co. cut their target price on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Guggenheim lowered their target price on Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Telsey Advisory Group dropped their target price on Five Below from $115.00 to $85.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 18th. The Goldman Sachs Group lowered their price target on Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a research note on Friday, March 21st. Finally, Bank of America cut their price objective on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating on the stock in a research report on Thursday, March 20th.

Insiders Place Their Bets

In related news, CAO Eric M. Specter sold 5,494 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Ronald James Masciantonio sold 584 shares of the company’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 transaction, the executive vice president now owns 12,658 shares of the company’s stock, valued at approximately $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Five Below

A number of institutional investors have recently added to or reduced their stakes in the company. Brooklyn Investment Group bought a new stake in shares of Five Below in the 3rd quarter worth approximately $30,000. Proficio Capital Partners LLC bought a new position in Five Below in the fourth quarter worth $31,000. UMB Bank n.a. boosted its stake in Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after buying an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Five Below in the 3rd quarter valued at $42,000. Finally, Coppell Advisory Solutions LLC lifted its holdings in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 253 shares during the period.

Five Below Trading Up 6.6 %

Shares of FIVE stock opened at $81.49 on Friday. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 16.80, a P/E/G ratio of 1.19 and a beta of 1.11. Five Below has a 1-year low of $64.87 and a 1-year high of $170.34. The stock’s fifty day simple moving average is $85.12 and its 200-day simple moving average is $92.24.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.10. The company had revenue of $1.39 billion for 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 in the previous year, the business posted $3.65 EPS. On average, sell-side analysts predict that Five Below will post 4.93 EPS for the current year.

About Five Below

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.