Five Below Inc. (NASDAQ:FIVE) shares were down 1.7% during trading on Monday . The stock 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.

Several research analysts have commented on FIVE shares. Zacks Investment Research upgraded shares of Five Below from a “sell” rating to a “hold” rating in a research report on Monday, May 23rd. Stifel Nicolaus restated a “buy” rating and set a $42.00 price objective (down from $48.00) on shares of Five Below in a research report on Friday, June 3rd. Buckingham Research restated a “buy” rating and set a $50.00 price objective (up from $45.00) on shares of Five Below in a research report on Tuesday, June 7th. Credit Suisse Group AG started coverage on shares of Five Below in a research report on Friday, April 22nd. They set an “outperform” rating and a $47.00 price objective for the company. Finally, Goldman Sachs Group Inc. restated a “sell” rating and set a $31.00 price objective (up from $30.00) on shares of Five Below in a research report on Friday, June 3rd. One equities 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 stock. The company has a consensus rating of “Buy” and a consensus target price of $44.69.

The firm has a market cap of $2.57 billion and a P/E ratio of 43.16. The firm has a 50 day moving average of $48.84 and a 200 day moving average of $42.28.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Thursday, June 2nd. The company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.02. During the same period last year, the business posted $0.08 earnings per share. The business earned $192.70 million during the quarter, compared to the consensus estimate of $187.97 million. The firm’s quarterly revenue was up 25.4% on a year-over-year basis. Equities analysts forecast that Five Below Inc. will post $1.31 EPS for the current year.

In other Five Below news, CFO Kenneth R. Bull sold 34,600 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer now directly owns 59,682 shares of the company’s stock, valued at approximately $2,689,270.92. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

A number of hedge funds and institutional investors have recently made changes to their positions in the stock. California Public Employees Retirement System increased its position in shares of Five Below by 3.1% in the fourth quarter. California Public Employees Retirement System now owns 131,900 shares of the company’s stock valued at $4,234,000 after buying an additional 4,000 shares during the last quarter. State of Tennessee Treasury Department purchased a new position in shares of Five Below during the fourth quarter valued at approximately $1,364,000. US Bancorp DE increased its position in shares of Five Below by 4.8% in the fourth quarter. US Bancorp DE now owns 46,363 shares of the company’s stock valued at $1,488,000 after buying an additional 2,123 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Five Below by 5,126.2% in the fourth quarter. Principal Financial Group Inc. now owns 366,040 shares of the company’s stock valued at $11,750,000 after buying an additional 359,036 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of Five Below by 33.9% in the fourth quarter. Jennison Associates LLC now owns 860,789 shares of the company’s stock valued at $27,631,000 after buying an additional 217,749 shares during the last quarter.

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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