Five Below Inc. (NASDAQ:FIVE)’s share price traded down 1% on Friday . The company traded as low as $43.53 and last traded at $43.59, with a volume of 405,862 shares. The stock had previously closed at $44.05.

A number of equities analysts recently weighed in on the stock. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Five Below in a research report on Saturday, June 4th. Stifel Nicolaus reaffirmed a “buy” rating and set a $42.00 price objective (down previously from $48.00) on shares of Five Below in a research report on Friday, June 3rd. Credit Suisse Group AG reaffirmed a “buy” rating and set a $47.00 price objective on shares of Five Below in a research report on Friday, June 3rd. Deutsche Bank AG reaffirmed a “hold” rating on shares of Five Below in a research report on Thursday, June 2nd. Finally, Sterne Agee CRT reaffirmed a “neutral” rating on shares of Five Below in a research report on Monday, May 16th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $45.79.

The company has a market cap of $2.38 billion and a PE ratio of 39.85. The company’s 50-day moving average price is $48.69 and its 200-day moving average price is $43.18.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, August 31st. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.01. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The business had revenue of $220.13 million for the quarter, compared to analysts’ expectations of $219.60 million. Five Below’s quarterly revenue was up 20.8% compared to the same quarter last year. On average, analysts predict that Five Below Inc. will post $1.31 earnings per share for the current fiscal year.

In other Five Below news, CFO Kenneth R. Bull sold 34,600 shares of the business’s stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $45.06, for a total transaction of $1,559,076.00. Following the completion of the sale, the chief financial officer now directly owns 59,682 shares in the company, valued at $2,689,270.92. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

A hedge fund recently raised its stake in Five Below stock. Principal Financial Group Inc. raised its stake in Five Below Inc. (NASDAQ:FIVE) by 5,126.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

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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