Five Below (NASDAQ:FIVE) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Five Below (NASDAQ:FIVE) from a hold rating to a buy rating in a research report report published on Saturday.

Other research analysts have also recently issued reports about the stock. Sanford C. Bernstein reiterated a “market perform” rating and set a $206.00 price target on shares of Five Below in a research report on Monday, February 9th. Bank of America increased their price target on shares of Five Below from $260.00 to $305.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. BNP Paribas Exane increased their price target on shares of Five Below from $189.00 to $262.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. Barclays increased their price target on shares of Five Below from $193.00 to $211.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Finally, Telsey Advisory Group increased their price target on shares of Five Below from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $240.10.

Five Below Price Performance

Shares of FIVE opened at $213.64 on Friday. Five Below has a 1-year low of $103.95 and a 1-year high of $251.63. The firm’s 50 day simple moving average is $225.34 and its 200 day simple moving average is $198.73. The company has a market capitalization of $11.81 billion, a P/E ratio of 33.07, a P/E/G ratio of 1.60 and a beta of 1.00.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 EPS for the quarter, beating analysts’ consensus estimates of $4.00 by $0.31. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The business had revenue of $1.73 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the business earned $3.48 earnings per share. The business’s quarterly revenue was up 24.3% on a year-over-year basis. On average, equities analysts anticipate that Five Below will post 8.14 earnings per share for the current year.

Insider Activity at Five Below

In other news, COO Kenneth R. Bull sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.14, for a total value of $2,341,400.00. Following the transaction, the chief operating officer owned 92,531 shares in the company, valued at approximately $21,665,208.34. This trade represents a 9.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ronald Sargent sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the completion of the transaction, the director owned 83,674 shares in the company, valued at $19,352,122.72. This represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.96% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Eastern Bank grew its holdings in shares of Five Below by 705.0% in the third quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 141 shares during the last quarter. Advisory Services Network LLC bought a new stake in Five Below in the third quarter valued at $32,000. Bayban bought a new stake in Five Below in the fourth quarter valued at $34,000. V Square Quantitative Management LLC bought a new stake in Five Below in the fourth quarter valued at $35,000. Finally, CI Investments Inc. boosted its holdings in Five Below by 44.3% in the third quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 74 shares in the last quarter.

Key Headlines Impacting Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Wall Street Zen upgraded Five Below to Buy, which can support sentiment by signaling improving analyst confidence in the company’s outlook. Five Below (NASDAQ:FIVE) Upgraded by Wall Street Zen to Buy Rating
• Positive Sentiment: Zacks added FIVE to its Rank #1 “Strong Buy” growth stocks list, highlighting Five Below as a name still viewed favorably in growth screens. Best Growth Stocks to Buy for May 15th
• Positive Sentiment: Five Below is continuing to generate viral marketing buzz with its “Golden Ticket” dumpling promotion and other low-price novelty items, which may help drive store traffic and brand engagement. Five Below launches golden ticket dumpling series with $1,000 shopping spree chance
• Positive Sentiment: Coverage of a new Bangor store opening underscores continued store expansion, which supports the company’s long-term growth strategy. Five Below opening new Bangor store Sunday
• Neutral Sentiment: Articles comparing Five Below with Dollar Tree and highlighting cheap, trendy items are broadly supportive of the value proposition, but they do not materially change the investment outlook on their own. I compared Five Below and Dollar Tree — 5 budget buys that surprised me
• Neutral Sentiment: Lifestyle coverage of inexpensive products like a $7 cherry lamp and a spiky Nerf-style dog toy adds visibility to Five Below’s assortment, but the direct stock impact is limited. Five Below’s $7 cherry lamp offers a stylish alternative to Urban Outfitters’ $99 version Five Below Launches Affordable Spiky Nerf Ball Toy Perfect for Energetic Dogs
• Negative Sentiment: Commentary about governance pressure, gas price risks, and whether the stock is already too expensive after a major rally suggests some investors are becoming more cautious on valuation and margins. How Governance Pressure And Gas Price Risks At Five Below (FIVE) Have Changed Its Investment Story Is It Too Late To Consider Buying Five Below (FIVE) After A 100% One-Year Rally?

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.