Five Below (NASDAQ:FIVE) PT Lowered to $225.00

Five Below (NASDAQ:FIVE) had its price target lowered by Evercore ISI from $230.00 to $225.00 in a report issued on Tuesday, Benzinga reports. Evercore ISI currently has an outperform rating on the specialty retailer’s stock.

A number of other equities research analysts have also recently commented on FIVE. Telsey Advisory Group cut their target price on Five Below from $230.00 to $220.00 and set an outperform rating on the stock in a research note on Thursday, March 21st. JPMorgan Chase & Co. reduced their price objective on shares of Five Below from $222.00 to $215.00 and set an overweight rating for the company in a research note on Thursday, March 21st. Mizuho assumed coverage on shares of Five Below in a research note on Tuesday, March 19th. They issued a buy rating and a $225.00 target price on the stock. Oppenheimer downgraded shares of Five Below from an outperform rating to a market perform rating and reduced their price target for the company from $235.00 to $200.00 in a research report on Tuesday, January 30th. Finally, UBS Group decreased their price objective on shares of Five Below from $270.00 to $245.00 and set a buy rating for the company in a report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, Five Below presently has an average rating of Moderate Buy and an average target price of $212.83.

Five Below Price Performance

NASDAQ:FIVE opened at $150.29 on Tuesday. The firm has a market capitalization of $8.30 billion, a P/E ratio of 27.73, a PEG ratio of 1.22 and a beta of 1.19. Five Below has a one year low of $144.57 and a one year high of $216.18. The company’s 50-day simple moving average is $184.23 and its 200 day simple moving average is $185.61.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.78 by ($0.13). The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Five Below had a net margin of 8.46% and a return on equity of 20.80%. Five Below’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.07 earnings per share. On average, equities research analysts expect that Five Below will post 6.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Sunbelt Securities Inc. increased its position in shares of Five Below by 76.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 58 shares during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Five Below during the 4th quarter worth $26,000. Rise Advisors LLC bought a new stake in shares of Five Below during the 1st quarter valued at $28,000. Canada Pension Plan Investment Board increased its stake in shares of Five Below by 93.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 93 shares in the last quarter. Finally, Planned Solutions Inc. purchased a new position in Five Below during the fourth quarter valued at $34,000.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.