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

Shares of Five Below, Inc. (NASDAQ:FIVE) have earned a consensus recommendation of “Hold” from the twenty-one ratings firms that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $116.15.

A number of equities analysts have issued reports on the company. Truist Financial increased their price target on Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. StockNews.com cut shares of Five Below from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Citigroup upped their price objective on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. Wells Fargo & Company increased their price objective on shares of Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Finally, The Goldman Sachs Group upped their price target on Five Below from $106.00 to $122.00 and gave the stock a “buy” rating in a research note on Friday, December 6th.

Five Below Stock Up 1.2 %

FIVE opened at $106.33 on Thursday. The stock has a market cap of $5.85 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 1.12 and a beta of 1.18. Five Below has a twelve month low of $64.87 and a twelve month high of $216.18. The company has a fifty day moving average of $94.37 and a 200-day moving average of $92.90.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.26. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. During the same period last year, the company posted $0.26 EPS. The business’s quarterly revenue was up 14.6% on a year-over-year basis. Sell-side analysts anticipate that Five Below will post 4.94 EPS for the current fiscal year.

Institutional Investors Weigh In On Five Below

A number of institutional investors have recently added to or reduced their stakes in the company. Paladin Wealth LLC purchased a new position in shares of Five Below in the 3rd quarter worth approximately $26,000. Brooklyn Investment Group purchased a new position in Five Below in the third quarter worth $30,000. Wilmington Savings Fund Society FSB bought a new position in Five Below in the 3rd quarter valued at $42,000. Partnership Wealth Management LLC increased its position in shares of Five Below by 63.5% during the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Five Below during the 2nd quarter worth $50,000.

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.