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

Five Below, Inc. (NASDAQ:FIVE) has been given a consensus recommendation of “Moderate Buy” by the twenty-two ratings firms that are covering the company, Marketbeat.com reports. Eight research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $205.75.

Several equities analysts have recently weighed in on FIVE shares. Mizuho boosted their target price on Five Below from $165.00 to $185.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Loop Capital reaffirmed a “buy” rating and set a $200.00 price objective on shares of Five Below in a research note on Wednesday, December 17th. Bank of America upgraded shares of Five Below from an “underperform” rating to a “buy” rating and set a $233.00 price objective on the stock in a research report on Wednesday, February 4th. Wells Fargo & Company increased their target price on shares of Five Below from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, UBS Group set a $255.00 target price on shares of Five Below in a report on Tuesday, January 13th.

Five Below Price Performance

Shares of FIVE stock opened at $210.36 on Friday. The company has a market cap of $11.60 billion, a PE ratio of 37.77, a price-to-earnings-growth ratio of 1.66 and a beta of 1.10. Five Below has a 1 year low of $52.38 and a 1 year high of $229.33. The stock’s 50 day simple moving average is $205.62 and its two-hundred day simple moving average is $175.79.

Insider Buying and Selling

In other Five Below news, CAO Eric M. Specter sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total value of $1,709,775.00. Following the completion of the sale, the chief accounting officer owned 45,724 shares of the company’s stock, valued at $9,197,382.60. This trade represents a 15.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Kenneth R. Bull sold 1,925 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $202.29, for a total value of $389,408.25. Following the transaction, the chief operating officer owned 99,115 shares of the company’s stock, valued at $20,049,973.35. This trade represents a 1.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,725 shares of company stock valued at $3,536,020 in the last ninety days. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five Below

A number of large investors have recently bought and sold shares of FIVE. Eastern Bank grew its position in Five Below by 705.0% in the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 141 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Five Below during the second quarter worth $26,000. Advisory Services Network LLC purchased a new stake in shares of Five Below during the third quarter valued at $32,000. Bayban purchased a new stake in shares of Five Below during the fourth quarter valued at $34,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Five Below in the fourth quarter worth about $35,000.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.