Analysts Set Five Below, Inc. (NASDAQ:FIVE) Target Price at $116.15

Shares of Five Below, Inc. (NASDAQ:FIVE) have been given a consensus rating of “Hold” by the twenty-one brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $116.15.

A number of research analysts have commented on FIVE shares. Morgan Stanley increased their price target on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. The Goldman Sachs Group increased their target price on shares of Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a report on Friday, December 6th. William Blair reissued a “market perform” rating on shares of Five Below in a research note on Monday, December 2nd. JPMorgan Chase & Co. upped their price target on shares of Five Below from $83.00 to $110.00 and gave the company an “underweight” rating in a research report on Thursday, December 5th. Finally, Citigroup lifted their price objective on Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FIVE. Paladin Wealth LLC bought a new stake in shares of Five Below during the 3rd quarter valued at $26,000. Brooklyn Investment Group purchased a new position in Five Below during the 3rd quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new stake in Five Below during the third quarter worth about $42,000. Partnership Wealth Management LLC grew its holdings in Five Below by 63.5% in the third quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 200 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Five Below during the second quarter valued at approximately $50,000.

Five Below Stock Down 1.5 %

FIVE opened at $106.08 on Thursday. The business’s fifty day simple moving average is $94.95 and its 200 day simple moving average is $92.76. Five Below has a 52 week low of $64.87 and a 52 week high of $216.18. The stock has a market cap of $5.84 billion, a PE ratio of 21.87, a P/E/G ratio of 1.12 and a beta of 1.18.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. The firm had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 EPS. As a group, equities analysts anticipate that Five Below will post 4.94 earnings per share for the current year.

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.