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

Shares of Five Below, Inc. (NASDAQ:FIVE) have been given a consensus recommendation of “Moderate Buy” by the eighteen ratings firms that are presently covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $169.50.

A number of brokerages recently weighed in on FIVE. Loop Capital decreased their price target on shares of Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, June 7th. Telsey Advisory Group lowered their price target on Five Below from $220.00 to $155.00 and set an “outperform” rating on the stock in a report on Thursday, June 6th. Deutsche Bank Aktiengesellschaft decreased their price objective on Five Below from $201.00 to $177.00 and set a “buy” rating for the company in a research report on Wednesday, June 5th. Citigroup dropped their target price on Five Below from $210.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, May 29th. Finally, Mizuho decreased their price target on Five Below from $215.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, June 6th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC acquired a new stake in shares of Five Below in the 4th quarter worth approximately $26,000. Rise Advisors LLC purchased a new position in shares of Five Below in the first quarter valued at $28,000. Planned Solutions Inc. acquired a new position in shares of Five Below during the 4th quarter worth $34,000. Partnership Wealth Management LLC boosted its position in shares of Five Below by 2,000.0% in the 2nd quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock worth $34,000 after buying an additional 300 shares in the last quarter. Finally, CVA Family Office LLC acquired a new stake in Five Below in the 4th quarter valued at about $36,000.

Five Below Stock Performance

FIVE opened at $108.47 on Thursday. Five Below has a one year low of $104.80 and a one year high of $216.18. The stock has a market capitalization of $5.97 billion, a P/E ratio of 20.39, a price-to-earnings-growth ratio of 1.26 and a beta of 1.19. The business’s 50-day simple moving average is $129.00 and its 200-day simple moving average is $166.85.

Five Below (NASDAQ:FIVE) last released its quarterly 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 return on equity of 19.82% and a net margin of 8.10%. The firm had revenue of $811.86 million for the quarter, compared to analysts’ expectations of $834.29 million. During the same quarter in the prior year, the business earned $0.67 EPS. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. On average, equities research analysts forecast that Five Below will post 5.2 EPS for the current fiscal year.

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.