Shares of Five Below Inc (NASDAQ:FIVE) have been assigned a consensus rating of “Buy” from the nineteen ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $65.24.
Several analysts have recently commented on the stock. BidaskClub cut shares of Five Below from a “strong-buy” rating to a “buy” rating in a research note on Friday. Gordon Haskett cut shares of Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 price target on the stock. in a research note on Friday, December 1st. Barclays reissued a “hold” rating and set a $60.00 price target on shares of Five Below in a research note on Sunday, December 3rd. MKM Partners increased their price target on shares of Five Below from $59.00 to $64.00 and gave the company a “buy” rating in a research note on Tuesday, November 28th. Finally, Loop Capital cut shares of Five Below from a “buy” rating to a “hold” rating and set a $54.00 price target on the stock. in a research note on Monday, November 20th.
Five Below (NASDAQ FIVE) traded up $2.40 on Tuesday, hitting $66.92. 1,180,000 shares of the stock traded hands, compared to its average volume of 1,090,000. Five Below has a twelve month low of $37.14 and a twelve month high of $73.55. The company has a market capitalization of $3,700.00, a PE ratio of 43.74, a P/E/G ratio of 0.95 and a beta of 0.67.
Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The business had revenue of $257.18 million for the quarter, compared to analysts’ expectations of $246.04 million. During the same period in the prior year, the firm earned $0.10 earnings per share. Five Below’s revenue was up 28.9% compared to the same quarter last year. research analysts anticipate that Five Below will post 1.81 EPS for the current fiscal year.
In related news, CEO Joel D. Anderson sold 20,000 shares of the stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $67.00, for a total value of $1,340,000.00. Following the transaction, the chief executive officer now directly owns 127,693 shares in the company, valued at $8,555,431. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Kenneth R. Bull sold 15,946 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $66.00, for a total transaction of $1,052,436.00. Following the completion of the transaction, the chief financial officer now owns 59,544 shares in the company, valued at $3,929,904. The disclosure for this sale can be found here. Insiders sold 143,400 shares of company stock worth $9,474,401 over the last 90 days. 3.22% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. MetLife Investment Advisors LLC acquired a new stake in Five Below in the fourth quarter worth $1,613,000. LPL Financial LLC raised its holdings in Five Below by 283.7% in the fourth quarter. LPL Financial LLC now owns 35,058 shares of the specialty retailer’s stock worth $2,325,000 after purchasing an additional 25,922 shares during the period. Millennium Management LLC raised its holdings in Five Below by 121.5% in the fourth quarter. Millennium Management LLC now owns 793,756 shares of the specialty retailer’s stock worth $52,642,000 after purchasing an additional 435,463 shares during the period. Sciencast Management LP acquired a new stake in Five Below in the fourth quarter worth $259,000. Finally, Flinton Capital Management LLC raised its holdings in Five Below by 17.7% in the fourth quarter. Flinton Capital Management LLC now owns 7,684 shares of the specialty retailer’s stock worth $509,000 after purchasing an additional 1,156 shares during the period.
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About Five Below
Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.
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