Five Below (NASDAQ:FIVE) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Five Below (NASDAQ:FIVE) from a sell rating to a hold rating in a research note issued to investors on Monday morning.

Several other equities analysts have also commented on the company. Mizuho cut their price target on Five Below from $105.00 to $88.00 and set a “neutral” rating on the stock in a research note on Thursday, March 20th. Loop Capital reduced their price target on shares of Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a report on Tuesday, March 18th. Telsey Advisory Group dropped their price objective on shares of Five Below from $115.00 to $85.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 18th. Barclays reduced their price objective on shares of Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a research note on Thursday, March 20th. Finally, UBS Group dropped their target price on Five Below from $150.00 to $110.00 and set a “buy” rating on the stock in a research report on Thursday, March 20th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, Five Below has an average rating of “Hold” and an average price target of $102.16.

Five Below Price Performance

Shares of FIVE opened at $77.84 on Monday. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 1.19 and a beta of 1.11. Five Below has a 1-year low of $64.87 and a 1-year high of $185.48. The company has a 50-day moving average of $86.67 and a 200 day moving average of $92.66.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the firm posted $3.65 earnings per share. The company’s revenue was up 4.0% on a year-over-year basis. On average, equities analysts anticipate that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Ronald James Masciantonio sold 584 shares of the firm’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. This trade represents a 4.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following 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 disclosure for this sale can be found here. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five Below

A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Five Below in the 4th quarter valued at $8,489,000. Charles Schwab Investment Management Inc. boosted its holdings in Five Below by 41.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock valued at $54,272,000 after purchasing an additional 180,902 shares during the last quarter. National Bank of Canada FI grew its position in Five Below by 155.2% during the 3rd quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer’s stock worth $6,964,000 after purchasing an additional 47,940 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Five Below during the 3rd quarter valued at about $3,282,000. Finally, Algert Global LLC lifted its holdings in shares of Five Below by 364.2% in the 3rd quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer’s stock valued at $2,282,000 after buying an additional 20,266 shares during the period.

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.