Telsey Advisory Group Reaffirms “Market Perform” Rating for Five Below (NASDAQ:FIVE)

Five Below (NASDAQ:FIVE)‘s stock had its “market perform” rating reaffirmed by stock analysts at Telsey Advisory Group in a research report issued on Tuesday,Benzinga reports. They currently have a $115.00 price objective on the specialty retailer’s stock. Telsey Advisory Group’s target price would suggest a potential upside of 15.12% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Mizuho raised their price objective on Five Below from $90.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, December 6th. Truist Financial boosted their price target on Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Bank of America cut Five Below from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $98.00 to $75.00 in a research note on Wednesday, November 6th. JPMorgan Chase & Co. decreased their target price on shares of Five Below from $110.00 to $107.00 and set an “underweight” rating for the company in a research note on Wednesday, January 8th. Finally, Guggenheim lifted their price objective on shares of Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $116.00.

Five Below Stock Performance

Shares of FIVE opened at $99.90 on Tuesday. Five Below has a twelve month low of $64.87 and a twelve month high of $212.01. The firm’s 50 day moving average price is $98.62 and its two-hundred day moving average price is $90.95. The firm has a market cap of $5.50 billion, a P/E ratio of 20.60, a PEG ratio of 1.06 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data 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 net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $843.71 million for the quarter, compared to the consensus estimate of $801.48 million. During the same period last year, the company earned $0.26 earnings per share. The firm’s revenue was up 14.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Five Below will post 4.94 earnings per share for the current fiscal year.

Institutional Trading of Five Below

Large investors have recently made changes to their positions in the company. Oak Thistle LLC raised its stake in Five Below by 3.0% during the fourth quarter. Oak Thistle LLC now owns 15,910 shares of the specialty retailer’s stock worth $1,670,000 after acquiring an additional 470 shares in the last quarter. Everence Capital Management Inc. bought a new stake in Five Below during the 4th quarter worth $249,000. GAMMA Investing LLC increased its holdings in Five Below by 149.1% in the 4th quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 814 shares in the last quarter. Retirement Systems of Alabama raised its position in Five Below by 47.2% in the third quarter. Retirement Systems of Alabama now owns 151,344 shares of the specialty retailer’s stock valued at $13,371,000 after purchasing an additional 48,524 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Five Below during the third quarter valued at about $42,000.

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.