Brokerages Set Five Below, Inc. (NASDAQ:FIVE) PT at $116.15

Shares of Five Below, Inc. (NASDAQ:FIVE - Get Free Report) have been given a consensus rating of "Hold" by the twenty-one research firms that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $116.15.

FIVE has been the topic of several recent research reports. Citigroup boosted their target price on Five Below from $85.00 to $96.00 and gave the stock a "neutral" rating in a report on Monday, December 2nd. Gordon Haskett raised Five Below from a "hold" rating to a "buy" rating and set a $120.00 target price for the company in a research note on Thursday, November 7th. Melius Research began coverage on shares of Five Below in a research report on Monday, September 23rd. They set a "hold" rating and a $100.00 price target on the stock. Bank of America cut Five Below from a "neutral" rating to an "underperform" rating and decreased their price objective for the company from $98.00 to $75.00 in a report on Wednesday, November 6th. Finally, Barclays raised their target price on Five Below from $90.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Thursday, December 5th.

Five Below Stock Performance

Shares of FIVE traded up $1.42 during mid-day trading on Thursday, hitting $107.75. 1,206,811 shares of the company were exchanged, compared to its average volume of 1,522,031. The company has a 50 day moving average of $94.69 and a 200-day moving average of $93.01. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 1.12 and a beta of 1.18. Five Below has a 1-year low of $64.87 and a 1-year high of $216.18.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.26. The business had revenue of $843.71 million during the quarter, compared to analysts' expectations of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.26 earnings per share. Research analysts anticipate that Five Below will post 4.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Five Below

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

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.