Five Below’s (FIVE) “Market Perform” Rating Reiterated at William Blair

William Blair reiterated their market perform rating on shares of Five Below (NASDAQ:FIVE) in a report issued on Monday morning,RTT News reports.

Several other research firms also recently weighed in on FIVE. UBS Group decreased their price target on shares of Five Below from $120.00 to $108.00 and set a “buy” rating on the stock in a research report on Wednesday, August 21st. Craig Hallum raised their target price on Five Below from $102.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Telsey Advisory Group downgraded Five Below from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $102.00 to $95.00 in a research report on Monday, November 25th. Evercore ISI upped their price target on Five Below from $100.00 to $104.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 22nd. Finally, Melius Research started coverage on Five Below in a research report on Monday, September 23rd. They set a “hold” rating and a $100.00 price objective on the stock. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $106.60.

Five Below Stock Up 7.0 %

Shares of NASDAQ:FIVE opened at $99.20 on Monday. The stock has a market capitalization of $5.46 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 1.02 and a beta of 1.20. The firm’s 50 day moving average price is $90.45 and its 200-day moving average price is $95.09. Five Below has a twelve month low of $64.87 and a twelve month high of $216.18.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new position in Five Below during the third quarter valued at approximately $3,282,000. Janney Montgomery Scott LLC boosted its position in shares of Five Below by 72.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 21,815 shares of the specialty retailer’s stock valued at $1,927,000 after acquiring an additional 9,188 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Five Below by 1,842.1% in the first quarter. Cetera Investment Advisers now owns 22,528 shares of the specialty retailer’s stock valued at $4,086,000 after purchasing an additional 21,368 shares in the last quarter. International Assets Investment Management LLC increased its position in Five Below by 1,379.0% in the third quarter. International Assets Investment Management LLC now owns 16,875 shares of the specialty retailer’s stock worth $1,491,000 after purchasing an additional 15,734 shares during the last quarter. Finally, Algert Global LLC raised its stake in Five Below by 364.2% during the third quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer’s stock valued at $2,282,000 after purchasing an additional 20,266 shares in the last quarter.

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.