Five Below, Inc. (NASDAQ:FIVE) Given Consensus Rating of “Moderate Buy” by Analysts

Five Below, Inc. (NASDAQ:FIVE) has been assigned an average recommendation of “Moderate Buy” from the eighteen analysts that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $169.50.

A number of brokerages have recently issued reports on FIVE. Guggenheim dropped their price objective on shares of Five Below from $230.00 to $165.00 and set a “buy” rating for the company in a research note on Thursday, June 6th. Mizuho dropped their price objective on shares of Five Below from $215.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, June 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Five Below from $201.00 to $177.00 and set a “buy” rating for the company in a research note on Wednesday, June 5th. Loop Capital dropped their price objective on shares of Five Below from $190.00 to $120.00 and set a “hold” rating for the company in a research note on Friday, June 7th. Finally, Gordon Haskett cut shares of Five Below from a “buy” rating to an “accumulate” rating and dropped their price objective for the company from $210.00 to $200.00 in a research note on Wednesday, April 3rd.

Five Below Trading Down 0.8 %

NASDAQ FIVE opened at $109.67 on Thursday. The company has a fifty day simple moving average of $133.11 and a 200 day simple moving average of $169.99. The company has a market cap of $6.04 billion, a P/E ratio of 20.61, a P/E/G ratio of 1.28 and a beta of 1.17. Five Below has a 1 year low of $106.21 and a 1 year high of $216.18.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.02). Five Below had a return on equity of 19.82% and a net margin of 8.10%. The firm had revenue of $811.86 million for the quarter, compared to the consensus estimate of $834.29 million. During the same period in the prior year, the company posted $0.67 earnings per share. Five Below’s quarterly revenue was up 11.8% on a year-over-year basis. Equities research analysts forecast that Five Below will post 5.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD boosted its stake in shares of Five Below by 1.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,799,561 shares of the specialty retailer’s stock valued at $689,165,000 after purchasing an additional 38,419 shares during the last quarter. Capital World Investors boosted its stake in shares of Five Below by 2.5% in the 1st quarter. Capital World Investors now owns 2,403,415 shares of the specialty retailer’s stock valued at $435,931,000 after purchasing an additional 58,883 shares during the last quarter. Wasatch Advisors LP boosted its stake in shares of Five Below by 2.1% in the 1st quarter. Wasatch Advisors LP now owns 1,876,053 shares of the specialty retailer’s stock valued at $340,278,000 after purchasing an additional 37,797 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in shares of Five Below by 0.9% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,150,965 shares of the specialty retailer’s stock valued at $245,340,000 after purchasing an additional 9,837 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its stake in shares of Five Below by 2.2% in the 4th quarter. Clearbridge Investments LLC now owns 655,176 shares of the specialty retailer’s stock valued at $139,657,000 after purchasing an additional 14,048 shares during the last quarter.

Five Below Company Profile

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.