Five Below's (FIVE) Market Perform Rating Reiterated at Telsey Advisory Group

Five Below (NASDAQ:FIVE - Get Free Report)'s stock had its "market perform" rating reissued by Telsey Advisory Group in a research report issued on Tuesday,Benzinga reports. They currently have a $115.00 target price on the specialty retailer's stock. Telsey Advisory Group's target price would suggest a potential upside of 22.22% from the stock's current price.

FIVE has been the topic of a number of other reports. Truist Financial raised their price objective on Five Below from $88.00 to $118.00 and gave the company a "hold" rating in a research note on Thursday, December 5th. Evercore ISI lifted their price target on shares of Five Below from $100.00 to $104.00 and gave the company an "in-line" rating in a research report on Tuesday, October 22nd. Loop Capital upped their price objective on shares of Five Below from $90.00 to $120.00 and gave the stock a "hold" rating in a report on Thursday, December 5th. Bank of America downgraded shares of Five Below from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $98.00 to $75.00 in a report on Wednesday, November 6th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Five Below from $110.00 to $107.00 and set an "underweight" rating for the company in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Five Below has an average rating of "Hold" and an average price target of $116.00.

Five Below Price Performance

Shares of NASDAQ FIVE traded down $5.81 during mid-day trading on Tuesday, reaching $94.09. 2,336,327 shares of the company traded hands, compared to its average volume of 2,283,124. Five Below has a fifty-two week low of $64.87 and a fifty-two week high of $212.01. The firm has a market cap of $5.18 billion, a PE ratio of 19.40, a price-to-earnings-growth ratio of 1.06 and a beta of 1.14. The stock has a fifty day simple moving average of $98.62 and a 200-day simple moving average of $90.95.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business's quarterly revenue was up 14.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.26 earnings per share. As a group, analysts predict that Five Below will post 4.94 EPS for the current fiscal year.

Institutional Trading of Five Below

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Choreo LLC bought a new stake in Five Below in the second quarter worth $321,000. American Century Companies Inc. increased its stake in Five Below by 6.1% during the second quarter. American Century Companies Inc. now owns 23,041 shares of the specialty retailer's stock worth $2,511,000 after acquiring an additional 1,321 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in Five Below by 4.8% during the second quarter. DekaBank Deutsche Girozentrale now owns 21,215 shares of the specialty retailer's stock valued at $2,334,000 after purchasing an additional 964 shares during the period. WINTON GROUP Ltd raised its stake in shares of Five Below by 72.1% in the second quarter. WINTON GROUP Ltd now owns 8,064 shares of the specialty retailer's stock valued at $879,000 after acquiring an additional 3,377 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Five Below by 39.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 596,763 shares of the specialty retailer's stock worth $65,034,000 after purchasing an additional 167,330 shares during the period.

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.