Five Below Inc. (NASDAQ:FIVE) shares traded down 1.7% on Monday . The company traded as low as $49.78 and last traded at $49.82, with a volume of 316,767 shares trading hands. The stock had previously closed at $50.69.

A number of research analysts have weighed in on the stock. Credit Suisse Group AG reiterated a “buy” rating and issued a $47.00 target price on shares of Five Below in a research note on Friday, June 3rd. Morgan Stanley upped their price target on shares of Five Below from $34.00 to $37.00 and gave the company an “equal weight” rating in a research note on Friday, June 3rd. Deutsche Bank AG restated a “hold” rating on shares of Five Below in a research note on Thursday, June 2nd. Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research note on Friday, July 15th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of Five Below in a research note on Saturday, June 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $44.69.

The company has a 50-day moving average price of $48.76 and a 200 day moving average price of $42.19. The company has a market cap of $2.66 billion and a PE ratio of 44.69.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Thursday, June 2nd. The company reported $0.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.02. The business earned $192.70 million during the quarter, compared to analysts’ expectations of $187.97 million. During the same period last year, the company earned $0.08 earnings per share. The firm’s revenue was up 25.4% compared to the same quarter last year. On average, equities research analysts expect that Five Below Inc. will post $1.31 earnings per share for the current fiscal year.

In related news, CFO Kenneth R. Bull sold 34,600 shares of the company’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $45.06, for a total value of $1,559,076.00. Following the completion of the sale, the chief financial officer now directly owns 59,682 shares of the company’s stock, valued at $2,689,270.92. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

A number of hedge funds have added to or reduced their stakes in the company. California Public Employees Retirement System raised its stake in Five Below by 3.1% in the fourth quarter. California Public Employees Retirement System now owns 131,900 shares of the company’s stock worth $4,234,000 after buying an additional 4,000 shares during the period. Principal Financial Group Inc. raised its stake in Five Below by 5,126.2% in the fourth quarter. Principal Financial Group Inc. now owns 366,040 shares of the company’s stock worth $11,750,000 after buying an additional 359,036 shares during the period. US Bancorp DE raised its stake in Five Below by 4.8% in the fourth quarter. US Bancorp DE now owns 46,363 shares of the company’s stock worth $1,488,000 after buying an additional 2,123 shares during the period. Jennison Associates LLC raised its stake in Five Below by 33.9% in the fourth quarter. Jennison Associates LLC now owns 860,789 shares of the company’s stock worth $27,631,000 after buying an additional 217,749 shares during the period. Finally, State of Tennessee Treasury Department acquired a new stake in Five Below during the fourth quarter worth $1,364,000.

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. The Company’s product groups include leisure, fashion and home, and party and snack.

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