Five Below, Inc. (NASDAQ:FIVE) Receives $169.50 Consensus PT from Analysts

Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned an average recommendation of “Moderate Buy” from the eighteen research firms that are currently covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $169.50.

A number of research firms have weighed in on FIVE. Barclays cut their price target on Five Below from $214.00 to $176.00 and set an “overweight” rating on the stock in a research note on Thursday, June 6th. Bank of America restated a “neutral” rating and issued a $125.00 price target on shares of Five Below in a research note on Friday, June 14th. Gordon Haskett cut Five Below from a “buy” rating to an “accumulate” rating and cut their price target for the company from $210.00 to $200.00 in a research note on Wednesday, April 3rd. Telsey Advisory Group cut their price target on Five Below from $220.00 to $155.00 and set an “outperform” rating on the stock in a research note on Thursday, June 6th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Five Below from $201.00 to $177.00 and set a “buy” rating on the stock in a research report on Wednesday, June 5th.

Five Below Trading Down 1.5 %

NASDAQ:FIVE opened at $108.97 on Thursday. The firm has a market cap of $6.00 billion, a PE ratio of 20.48, a price-to-earnings-growth ratio of 1.28 and a beta of 1.17. The stock has a fifty day moving average price of $131.45 and a 200 day moving average price of $168.77. Five Below has a 12-month low of $106.21 and a 12-month high of $216.18.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). Five Below had a net margin of 8.10% and a return on equity of 19.82%. The company had revenue of $811.86 million during the quarter, compared to analysts’ expectations of $834.29 million. During the same quarter last year, the business posted $0.67 earnings per share. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. Equities analysts forecast that Five Below will post 5.2 EPS for the current year.

Institutional Investors Weigh In On Five Below

Institutional investors have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC purchased a new stake in Five Below in the 4th quarter valued at approximately $26,000. Rise Advisors LLC purchased a new stake in Five Below in the 1st quarter valued at approximately $28,000. Planned Solutions Inc. purchased a new stake in Five Below in the 4th quarter valued at approximately $34,000. CVA Family Office LLC purchased a new stake in Five Below in the 4th quarter valued at approximately $36,000. Finally, Quest Partners LLC purchased a new stake in Five Below in the 4th quarter valued at approximately $37,000.

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.