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

Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-three brokerages that are covering the firm, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $240.10.

A number of analysts have recently weighed in on FIVE shares. Guggenheim upped their price objective on Five Below from $225.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. UBS Group lifted their target price on Five Below from $255.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Telsey Advisory Group boosted their target price on Five Below from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Wells Fargo & Company increased their price target on Five Below from $220.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Finally, Barclays lifted their price objective on Five Below from $193.00 to $211.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 10th.

Five Below Stock Performance

Shares of FIVE opened at $221.25 on Friday. The stock has a market capitalization of $12.23 billion, a PE ratio of 34.25, a P/E/G ratio of 1.76 and a beta of 1.00. Five Below has a 1 year low of $82.00 and a 1 year high of $251.63. The company’s 50-day simple moving average is $226.52 and its 200-day simple moving average is $196.58.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share for the quarter, beating analysts’ consensus estimates of $4.00 by $0.31. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The business’s quarterly revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.48 earnings per share. On average, sell-side analysts predict that Five Below will post 8.14 earnings per share for the current year.

Insider Activity at Five Below

In related news, Director Ronald Sargent sold 10,000 shares of Five Below stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $231.28, for a total value of $2,312,800.00. Following the completion of the transaction, the director owned 83,674 shares in the company, valued at $19,352,122.72. The trade was a 10.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kenneth R. Bull sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $234.14, for a total transaction of $2,341,400.00. Following the transaction, the chief operating officer owned 92,531 shares of the company’s stock, valued at $21,665,208.34. This trade represents a 9.75% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Five Below

Several large investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in Five Below by 40,774,210.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock worth $10,445,139,000 after buying an additional 55,452,926 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Five Below by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,376,471 shares of the specialty retailer’s stock worth $831,740,000 after acquiring an additional 69,101 shares in the last quarter. American Century Companies Inc. raised its position in shares of Five Below by 21.6% during the 3rd quarter. American Century Companies Inc. now owns 1,873,116 shares of the specialty retailer’s stock worth $289,771,000 after acquiring an additional 332,615 shares in the last quarter. Marshall Wace LLP lifted its stake 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 worth $336,254,000 after purchasing an additional 630,710 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in Five Below by 3.1% during the fourth quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock worth $284,121,000 after purchasing an additional 45,761 shares during the last quarter.

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.