Five Below (NASDAQ:FIVE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Five Below (NASDAQ:FIVEFree Report) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

Several other equities research analysts also recently weighed in on the company. Jefferies Financial Group raised their price objective on Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Evercore increased their target price on Five Below from $180.00 to $185.00 and gave the company an “in-line” rating in a research report on Tuesday, December 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Five Below in a research note on Thursday, January 22nd. Guggenheim boosted their price target on Five Below from $225.00 to $260.00 and gave the stock a “buy” rating in a report on Friday. Finally, Loop Capital reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Five Below in a research note on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, Five Below has an average rating of “Moderate Buy” and an average price target of $229.86.

Get Our Latest Analysis on Five Below

Five Below Trading Up 1.4%

FIVE opened at $230.50 on Friday. The company has a market cap of $12.73 billion, a P/E ratio of 35.68, a PEG ratio of 1.71 and a beta of 1.10. The company’s 50 day moving average is $208.31 and its 200-day moving average is $179.33. Five Below has a 1-year low of $52.38 and a 1-year high of $237.50.

Five Below (NASDAQ:FIVEGet Free Report) last issued its quarterly earnings data on Wednesday, March 18th. The specialty retailer reported $4.31 EPS for the quarter, beating the consensus estimate of $4.00 by $0.31. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The business had revenue of $1.73 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the firm earned $3.48 EPS. The firm’s revenue was up 24.3% compared to the same quarter last year. On average, equities analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Activity

In other Five Below news, COO Kenneth R. Bull sold 10,000 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $234.14, for a total value of $2,341,400.00. Following the sale, the chief operating officer owned 92,531 shares in the company, valued at approximately $21,665,208.34. The trade was a 9.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Eric M. Specter sold 8,500 shares of the 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 directly owned 45,724 shares of the company’s stock, valued at approximately $9,197,382.60. The trade was a 15.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,525 shares of company stock worth $5,476,954 over the last ninety days. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Five Below by 40,774,210.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock valued at $10,445,139,000 after purchasing an additional 55,452,926 shares during the last quarter. Norges Bank bought a new position in Five Below during the fourth quarter worth $182,786,000. AQR Capital Management LLC raised its stake in Five Below by 176.0% during the fourth quarter. AQR Capital Management LLC now owns 1,168,832 shares of the specialty retailer’s stock worth $220,161,000 after buying an additional 745,272 shares during the last quarter. Jennison Associates LLC lifted its holdings in Five Below by 397.5% in the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock valued at $126,777,000 after buying an additional 654,763 shares during the period. Finally, Marshall Wace LLP boosted its position in Five Below by 54.6% during the fourth quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock valued at $336,254,000 after acquiring an additional 630,710 shares during the last quarter.

Key Five Below News

Here are the key news stories impacting Five Below this week:

About Five Below

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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.

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Analyst Recommendations for Five Below (NASDAQ:FIVE)

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