Five Below, Inc. (NASDAQ:FIVE) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Tuesday.

A number of other equities analysts have also recently issued reports on FIVE. Vetr cut Five Below from a “buy” rating to a “hold” rating and set a $46.85 target price on the stock. in a report on Tuesday, April 11th. Loop Capital reiterated a “buy” rating and issued a $54.00 target price on shares of Five Below in a report on Wednesday, May 3rd. Gordon Haskett initiated coverage on Five Below in a report on Tuesday, May 9th. They issued an “accumulate” rating and a $57.00 target price on the stock. Jefferies Group LLC increased their target price on Five Below from $55.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, May 9th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $50.00 target price on shares of Five Below in a report on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the stock. Five Below currently has a consensus rating of “Buy” and an average target price of $53.74.

Five Below (FIVE) traded down 0.20% on Tuesday, hitting $50.17. 589,338 shares of the stock traded hands. The stock has a 50-day moving average price of $47.81 and a 200 day moving average price of $45.23. Five Below has a 12-month low of $35.03 and a 12-month high of $54.13. The stock has a market cap of $2.76 billion, a P/E ratio of 37.75 and a beta of 0.94.

Five Below (NASDAQ:FIVE) last issued its earnings results on Thursday, June 1st. The specialty retailer reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Five Below had a return on equity of 24.02% and a net margin of 7.06%. The company had revenue of $232.90 million for the quarter, compared to analysts’ expectations of $230.75 million. During the same period last year, the business earned $0.12 EPS. Five Below’s quarterly revenue was up 20.9% compared to the same quarter last year. On average, equities analysts expect that Five Below will post $1.64 EPS for the current fiscal year.

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In related news, CFO Kenneth R. Bull sold 17,300 shares of Five Below stock in a transaction dated Thursday, June 8th. The stock was sold at an average price of $53.90, for a total value of $932,470.00. Following the completion of the sale, the chief financial officer now owns 76,544 shares of the company’s stock, valued at approximately $4,125,721.60. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 2.92% of the company’s stock.

A number of large investors have recently made changes to their positions in the company. Alps Advisors Inc. raised its stake in shares of Five Below by 0.3% in the second quarter. Alps Advisors Inc. now owns 12,496 shares of the specialty retailer’s stock valued at $617,000 after buying an additional 32 shares during the period. LS Investment Advisors LLC raised its stake in shares of Five Below by 0.8% in the second quarter. LS Investment Advisors LLC now owns 4,732 shares of the specialty retailer’s stock valued at $234,000 after buying an additional 39 shares during the period. First Mercantile Trust Co. raised its stake in shares of Five Below by 1.7% in the second quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock valued at $116,000 after buying an additional 40 shares during the period. Renaissance Group LLC raised its stake in shares of Five Below by 1.2% in the second quarter. Renaissance Group LLC now owns 7,927 shares of the specialty retailer’s stock valued at $391,000 after buying an additional 95 shares during the period. Finally, Torch Wealth Management LLC raised its stake in shares of Five Below by 0.5% in the first quarter. Torch Wealth Management LLC now owns 18,575 shares of the specialty retailer’s stock valued at $804,000 after buying an additional 100 shares during the period.

Five Below Company Profile

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. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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