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

Five Below, Inc. (NASDAQ:FIVE) has earned an average rating of “Hold” from the twenty analysts that are presently covering the company, MarketBeat reports. Thirteen research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $109.63.

FIVE has been the subject of several recent analyst reports. Barclays cut Five Below from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $176.00 to $90.00 in a research note on Wednesday, July 17th. Morgan Stanley cut shares of Five Below from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $160.00 to $100.00 in a report on Wednesday, July 17th. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a research note on Saturday, June 8th. Wells Fargo & Company decreased their price objective on shares of Five Below from $145.00 to $115.00 and set an “overweight” rating for the company in a research note on Wednesday, July 17th. Finally, Guggenheim cut their target price on Five Below from $165.00 to $125.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th.

Institutional Trading of Five Below

A number of institutional investors have recently modified their holdings of FIVE. V Square Quantitative Management LLC purchased a new stake in shares of Five Below during the 4th quarter worth $26,000. Rise Advisors LLC purchased a new stake in Five Below during the first quarter worth about $28,000. Quest Partners LLC purchased a new stake in Five Below during the fourth quarter worth about $37,000. Parallel Advisors LLC grew its position in Five Below by 86.3% during the fourth quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock worth $38,000 after buying an additional 82 shares during the period. Finally, McClarren Financial Advisors Inc. increased its holdings in Five Below by 18,100.0% in the first quarter. McClarren Financial Advisors Inc. now owns 182 shares of the specialty retailer’s stock valued at $330,000 after buying an additional 181 shares in the last quarter.

Five Below Price Performance

NASDAQ:FIVE opened at $84.07 on Tuesday. The firm has a market capitalization of $4.62 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 0.88 and a beta of 1.21. The business’s fifty day moving average price is $81.06 and its 200 day moving average price is $128.46. Five Below has a 12 month low of $64.87 and a 12 month high of $216.18.

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.