Five Below, Inc. (NASDAQ:FIVE) Given Consensus Recommendation of “Hold” by Analysts

Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned a consensus rating of “Hold” from the twenty ratings firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $111.32.

A number of analysts have recently issued reports on FIVE shares. Truist Financial lifted their price target on shares of Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Bank of America downgraded shares of Five Below from a “neutral” rating to an “underperform” rating and cut their target price for the stock from $98.00 to $75.00 in a research report on Wednesday, November 6th. Telsey Advisory Group reissued a “market perform” rating and set a $115.00 price target on shares of Five Below in a report on Tuesday, January 14th. Barclays lifted their price objective on Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. lowered their target price on Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a report on Thursday, January 16th.

Five Below Trading Down 3.1 %

FIVE stock opened at $84.22 on Tuesday. The stock’s 50 day simple moving average is $95.12 and its 200 day simple moving average is $92.88. Five Below has a 12-month low of $64.87 and a 12-month high of $212.01. The stock has a market capitalization of $4.63 billion, a PE ratio of 17.36, a price-to-earnings-growth ratio of 1.19 and a beta of 1.12.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.26. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm had revenue of $843.71 million for the quarter, compared to the consensus estimate of $801.48 million. During the same period in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 14.6% on a year-over-year basis. On average, research analysts predict that Five Below will post 4.93 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.90% of the stock is currently owned by company insiders.

Institutional Trading of Five Below

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIVE. Ascent Group LLC grew its holdings in Five Below by 6.9% during the 4th quarter. Ascent Group LLC now owns 27,227 shares of the specialty retailer’s stock valued at $2,858,000 after buying an additional 1,769 shares in the last quarter. Neo Ivy Capital Management bought a new position in shares of Five Below during the fourth quarter worth $1,452,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Five Below by 15.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 162,893 shares of the specialty retailer’s stock valued at $17,097,000 after acquiring an additional 21,867 shares in the last quarter. Voloridge Investment Management LLC increased its holdings in Five Below by 1,345.5% in the 4th quarter. Voloridge Investment Management LLC now owns 109,670 shares of the specialty retailer’s stock valued at $11,511,000 after acquiring an additional 102,083 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in Five Below in the 4th quarter worth $288,000.

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.