Five Below, Inc. (NASDAQ:FIVE) Receives $111.60 Consensus PT from Brokerages

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) has earned a consensus rating of "Hold" from the twenty-one ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $111.60.

A number of research analysts recently weighed in on FIVE shares. Morgan Stanley cut Five Below from an "overweight" rating to an "equal weight" rating and reduced their target price for the company from $160.00 to $100.00 in a report on Wednesday, July 17th. Guggenheim decreased their target price on Five Below from $165.00 to $125.00 and set a "buy" rating for the company in a report on Wednesday, July 17th. Melius Research assumed coverage on shares of Five Below in a report on Monday, September 23rd. They issued a "hold" rating and a $100.00 price target on the stock. Craig Hallum boosted their price objective on shares of Five Below from $102.00 to $125.00 and gave the stock a "buy" rating in a research note on Wednesday, October 2nd. Finally, KeyCorp cut their target price on shares of Five Below from $115.00 to $106.00 and set an "overweight" rating on the stock in a research note on Thursday, August 29th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Paladin Wealth LLC acquired a new stake in shares of Five Below in the 3rd quarter valued at about $26,000. Partnership Wealth Management LLC lifted its holdings in Five Below by 2,000.0% during the 2nd quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer's stock worth $34,000 after buying an additional 300 shares during the last quarter. LRI Investments LLC acquired a new position in shares of Five Below in the 1st quarter worth approximately $38,000. Hobbs Group Advisors LLC bought a new stake in shares of Five Below in the 2nd quarter valued at approximately $44,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Five Below during the 2nd quarter valued at approximately $50,000.

Five Below Trading Up 2.8 %

FIVE traded up $2.54 during midday trading on Wednesday, hitting $93.08. The company's stock had a trading volume of 1,146,687 shares, compared to its average volume of 1,424,892. Five Below has a 52-week low of $64.87 and a 52-week high of $216.18. The firm has a 50-day moving average price of $89.11 and a two-hundred day moving average price of $104.32. The firm has a market cap of $5.13 billion, a P/E ratio of 17.50, a PEG ratio of 0.99 and a beta of 1.21.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.54. The firm had revenue of $830.07 million during the quarter, compared to the consensus estimate of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. On average, equities analysts expect that Five Below will post 4.55 EPS for the current year.

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.