Five Below, Inc. (NASDAQ:FIVE) Receives Average Recommendation of “Moderate Buy” from Analysts

Five Below, Inc. (NASDAQ:FIVE) has received an average rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $240.10.

A number of research analysts have recently issued reports on FIVE shares. UBS Group boosted their target price on Five Below from $255.00 to $285.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Truist Financial boosted their target price on Five Below from $236.00 to $261.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Citigroup boosted their target price on Five Below from $200.00 to $235.00 and gave the company a “neutral” rating in a report on Thursday, March 19th. Craig Hallum reissued a “buy” rating and issued a $246.00 target price on shares of Five Below in a report on Tuesday, March 17th. Finally, Telsey Advisory Group boosted their target price on Five Below from $240.00 to $260.00 and gave the company an “outperform” rating in a report on Thursday, March 19th.

Insider Buying and Selling

In related news, Director Ronald Sargent sold 10,000 shares of Five Below stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total value of $2,312,800.00. Following the sale, the director directly owned 83,674 shares in the company, valued at $19,352,122.72. The trade was a 10.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Kenneth R. Bull sold 10,000 shares of Five Below 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 completion of the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.90% of the company’s stock.

Institutional Trading of Five Below

A number of institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its stake in shares of Five Below by 5.4% in the first quarter. PNC Financial Services Group Inc. now owns 7,058 shares of the specialty retailer’s stock valued at $1,613,000 after buying an additional 364 shares in the last quarter. Baader Bank Aktiengesellschaft purchased a new stake in shares of Five Below in the first quarter valued at approximately $1,165,000. Earned Wealth Advisors LLC boosted its stake in shares of Five Below by 29.1% in the first quarter. Earned Wealth Advisors LLC now owns 1,642 shares of the specialty retailer’s stock valued at $375,000 after buying an additional 370 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Five Below by 12,250.0% in the first quarter. Meeder Asset Management Inc. now owns 2,470 shares of the specialty retailer’s stock valued at $564,000 after buying an additional 2,450 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Five Below by 27.3% in the first quarter. Parallel Advisors LLC now owns 812 shares of the specialty retailer’s stock valued at $186,000 after buying an additional 174 shares in the last quarter.

Five Below Stock Up 0.8%

FIVE opened at $223.13 on Friday. The firm has a market cap of $12.34 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 1.68 and a beta of 1.00. Five Below has a 52 week low of $84.60 and a 52 week high of $251.63. The business’s 50 day moving average is $226.52 and its two-hundred day moving average is $196.58.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.00 by $0.31. The business had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. Five Below had a return on equity of 18.70% and a net margin of 7.53%.The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.48 earnings per share. Equities analysts expect that Five Below will post 8.14 EPS for the current fiscal year.

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.