Five Below Inc. (NASDAQ:FIVE) dropped 2.1% during trading on Friday . The company traded as low as $45.65 and last traded at $46.08, with a volume of 803,225 shares trading hands. The stock had previously closed at $47.08.

FIVE has been the topic of a number of analyst reports. Citigroup Inc. reiterated a “neutral” rating on shares of Five Below in a report on Wednesday, June 8th. Deutsche Bank AG reissued a “hold” rating and set a $46.00 price target (up previously from $39.00) on shares of Five Below in a research note on Tuesday, August 2nd. BTIG Research began coverage on Five Below in a research note on Tuesday, August 23rd. They set a “neutral” rating on the stock. They noted that the move was a valuation call. Buckingham Research reissued a “buy” rating and set a $50.00 price target (up previously from $45.00) on shares of Five Below in a research note on Tuesday, June 7th. Finally, Goldman Sachs Group Inc. reissued a “sell” rating and set a $31.00 price target (up previously from $30.00) on shares of Five Below in a research note on Friday, June 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $44.69.

The stock’s 50 day moving average is $48.93 and its 200 day moving average is $42.86. The company has a market capitalization of $2.54 billion and a PE ratio of 42.61.

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

In other Five Below news, CFO Kenneth R. Bull sold 34,600 shares of Five Below stock in a transaction that occurred 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 transaction, the chief financial officer now owns 59,682 shares in the company, valued at $2,689,270.92. The transaction was disclosed in a document filed with the SEC, which is available at this link.

An institutional investor recently raised its position in Five Below stock. Principal Financial Group Inc. boosted its stake in Five Below Inc. (NASDAQ:FIVE) by 5,126.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 366,040 shares of the company’s stock after buying an additional 359,036 shares during the period. Principal Financial Group Inc. owned about 0.67% of Five Below worth $11,750,000 at the end of the most recent 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.