Five Below, Inc. (NASDAQ:FIVE) Receives $116.00 Consensus Price Target from Analysts

Shares of Five Below, Inc. (NASDAQ:FIVE) have been given a consensus recommendation of “Hold” by the twenty-one brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $115.75.

A number of brokerages have recently weighed in on FIVE. Gordon Haskett upgraded Five Below from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a research report on Thursday, November 7th. Telsey Advisory Group reissued a “market perform” rating and issued a $115.00 target price on shares of Five Below in a report on Tuesday, January 14th. Morgan Stanley lifted their price objective on shares of Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. William Blair reaffirmed a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Finally, Loop Capital raised their price objective on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, December 5th.

Five Below Price Performance

Shares of FIVE stock opened at $90.64 on Monday. Five Below has a one year low of $64.87 and a one year high of $212.01. The company’s fifty day moving average price is $98.94 and its 200-day moving average price is $90.53. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 18.69, a PEG ratio of 0.96 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping 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 during the quarter, compared to analyst estimates of $801.48 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. Equities research analysts expect that Five Below will post 4.92 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Five Below

Large investors have recently modified their holdings of the business. State Street Corp lifted its holdings in Five Below by 1.9% during the third quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer’s stock worth $146,865,000 after buying an additional 31,520 shares during the period. Geode Capital Management LLC lifted its position in shares of Five Below by 1.2% during the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock valued at $86,559,000 after buying an additional 11,504 shares during the last quarter. Point72 Asset Management L.P. grew its position in shares of Five Below by 556.2% in the 2nd quarter. Point72 Asset Management L.P. now owns 908,425 shares of the specialty retailer’s stock worth $98,991,000 after buying an additional 769,980 shares during the last quarter. Atreides Management LP purchased a new stake in Five Below during the third quarter valued at approximately $68,649,000. Finally, Two Sigma Advisers LP purchased a new stake in shares of Five Below during the 3rd quarter valued at $64,981,000.

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.