Five Below, Inc. (NASDAQ:FIVE) Receives $111.32 Consensus Price Target from Brokerages

Shares of Five Below, Inc. (NASDAQ:FIVE - Get Free Report) have been assigned a consensus rating of "Hold" from the twenty analysts that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, twelve have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $111.32.

FIVE has been the subject of several research analyst reports. Wells Fargo & Company raised their target price on Five Below from $115.00 to $135.00 and gave the company an "overweight" rating in a research report on Thursday, December 5th. William Blair reiterated a "market perform" rating on shares of Five Below in a research note on Monday, December 2nd. KeyCorp downgraded Five Below from an "overweight" rating to a "sector weight" rating in a research note on Thursday, November 7th. Gordon Haskett upgraded Five Below from a "hold" rating to a "buy" rating and set a $120.00 price target for the company in a research note on Thursday, November 7th. Finally, Loop Capital increased their price target on Five Below from $90.00 to $120.00 and gave the stock a "hold" rating in a research note on Thursday, December 5th.

Five Below Trading Up 0.6 %

FIVE stock traded up $0.53 during trading on Friday, hitting $90.60. The company had a trading volume of 509,139 shares, compared to its average volume of 1,735,373. The business has a 50-day moving average of $100.96 and a 200-day moving average of $90.68. Five Below has a one year low of $64.87 and a one year high of $212.01. The stock has a market cap of $4.98 billion, a PE ratio of 18.68, a PEG ratio of 1.26 and a beta of 1.12.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.26. The company had revenue of $843.71 million for the quarter, compared to analysts' expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. Five Below's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. Research analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Activity

In other news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.90% of the company's stock.

Institutional Trading of Five Below

A number of large investors have recently modified their holdings of FIVE. Paladin Wealth LLC bought a new stake in shares of Five Below during the 3rd quarter valued at about $26,000. Brooklyn Investment Group purchased a new position in shares of Five Below during the 3rd quarter valued at about $30,000. Proficio Capital Partners LLC purchased a new position in shares of Five Below during the 4th quarter valued at about $31,000. UMB Bank n.a. raised its holdings in shares of Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock valued at $35,000 after buying an additional 204 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Five Below during the 3rd quarter valued at about $42,000.

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.