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

FIVE has been the subject of a number of research reports. Sterne Agee CRT reissued a “neutral” rating on shares of Five Below in a research report on Monday, May 16th. Zacks Investment Research raised shares of Five Below from a “sell” rating to a “hold” rating in a research report on Monday, May 23rd. MKM Partners reaffirmed a “buy” rating on shares of Five Below in a report on Wednesday, June 1st. Deutsche Bank AG reaffirmed a “hold” rating on shares of Five Below in a report on Thursday, June 2nd. Finally, Morgan Stanley upped their target price on shares of Five Below from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Friday, June 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $46.14.

The company’s 50 day moving average is $48.60 and its 200-day moving average is $43.19. The firm has a market cap of $2.38 billion and a price-to-earnings ratio of 39.85.

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

In other news, CFO Kenneth R. Bull sold 34,600 shares of the firm’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 transaction, the chief financial officer now directly owns 59,682 shares in the company, valued at approximately $2,689,270.92. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

An institutional investor recently raised its position in Five Below stock. Principal Financial Group Inc. raised its position in Five Below Inc. (NASDAQ:FIVE) by 5,126.2% during the fourth quarter, according to its most recent 13F filing 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 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.

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