Brokerages Set Five Below, Inc. (NASDAQ:FIVE) Price Target at $111.32

Shares of Five Below, Inc. (NASDAQ:FIVE) have received an average recommendation of “Hold” from the twenty ratings firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $111.32.

Several research firms have weighed in on FIVE. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Barclays boosted their price target on shares of Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Wells Fargo & Company boosted their price target on shares of Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Gordon Haskett raised shares of Five Below from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a report on Thursday, November 7th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $115.00 price target on shares of Five Below in a report on Tuesday, January 14th.

Five Below Price Performance

FIVE stock opened at $85.76 on Tuesday. Five Below has a 1-year low of $64.87 and a 1-year high of $212.01. The firm has a fifty day moving average price of $94.19 and a two-hundred day moving average price of $92.87. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 1.19 and a beta of 1.12.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. During the same quarter in the previous year, the firm earned $0.26 earnings per share. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. As a group, analysts expect that Five Below will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling at Five Below

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Five Below

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Five Below by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer’s stock valued at $529,792,000 after acquiring an additional 43,537 shares during the last quarter. Wasatch Advisors LP lifted its holdings in Five Below by 3.7% in the 4th quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer’s stock valued at $254,012,000 after acquiring an additional 86,271 shares during the last quarter. Marshall Wace LLP lifted its holdings in Five Below by 86.0% in the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer’s stock valued at $243,529,000 after acquiring an additional 1,072,642 shares during the last quarter. State Street Corp lifted its holdings in Five Below by 1.9% in the 3rd quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer’s stock valued at $146,865,000 after acquiring an additional 31,520 shares during the last quarter. Finally, Steadfast Capital Management LP acquired a new stake in Five Below in the 4th quarter valued at about $123,601,000.

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.