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

Shares of Five Below, Inc. (NASDAQ:FIVE) have received a consensus rating of “Hold” from the twenty-one brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $111.15.

A number of research firms have recently issued reports on FIVE. Evercore ISI cut their target price on shares of Five Below from $101.00 to $95.00 and set an “in-line” rating for the company in a research note on Thursday, August 29th. JPMorgan Chase & Co. cut shares of Five Below from a “neutral” rating to an “underweight” rating and raised their target price for the stock from $89.00 to $95.00 in a research note on Thursday, September 19th. Wells Fargo & Company cut their target price 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. Barclays cut shares of Five Below from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $176.00 to $90.00 in a research note on Wednesday, July 17th. Finally, KeyCorp lowered their price target on shares of Five Below from $115.00 to $106.00 and set an “overweight” rating on the stock in a research report on Thursday, August 29th.

Institutional Investors Weigh In On Five Below

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in shares of Five Below by 30.4% during the 1st quarter. BNP Paribas Financial Markets now owns 13,573 shares of the specialty retailer’s stock valued at $2,462,000 after purchasing an additional 3,166 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Five Below by 1,842.1% during the 1st 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 during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Five Below during the 1st quarter valued at approximately $2,656,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Five Below by 1.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,799,561 shares of the specialty retailer’s stock valued at $689,165,000 after purchasing an additional 38,419 shares during the last quarter. Finally, Bridgefront Capital LLC boosted its position in Five Below by 379.0% during the 4th quarter. Bridgefront Capital LLC now owns 7,970 shares of the specialty retailer’s stock worth $1,699,000 after buying an additional 6,306 shares during the period.

Five Below Price Performance

Shares of FIVE stock opened at $93.40 on Friday. The stock has a market cap of $5.14 billion, a P/E ratio of 18.39, a P/E/G ratio of 1.01 and a beta of 1.21. The company has a fifty day moving average price of $83.75 and a two-hundred day moving average price of $111.76. Five Below has a one year low of $64.87 and a one year high of $216.18.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. The company had revenue of $830.07 million during the quarter, compared to analysts’ expectations of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. As a group, equities research analysts anticipate that Five Below will post 4.55 EPS for the current fiscal 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.