Five Below, Inc. (NASDAQ:FIVE) Receives $213.11 Consensus PT from Analysts

Shares of Five Below, Inc. (NASDAQ:FIVE) have been assigned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $212.83.

Several equities analysts recently issued reports on the stock. 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 for the company. Wells Fargo & Company decreased their price objective on shares of Five Below from $200.00 to $180.00 and set an “equal weight” rating for the company in a research report on Thursday, March 21st. Truist Financial dropped their target price on Five Below from $214.00 to $204.00 and set a “buy” rating on the stock in a research report on Thursday, March 21st. Gordon Haskett cut Five Below from a “buy” rating to an “accumulate” rating and reduced their price target for the stock from $210.00 to $200.00 in a report on Wednesday, April 3rd. Finally, Evercore ISI dropped their price objective on Five Below from $230.00 to $225.00 and set an “outperform” rating on the stock in a report on Tuesday.

Institutional Trading of Five Below

Several large investors have recently bought and sold shares of FIVE. V Square Quantitative Management LLC acquired a new position in shares of Five Below during the 4th quarter worth approximately $26,000. Sunbelt Securities Inc. lifted its position in Five Below by 76.3% during the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock worth $26,000 after buying an additional 58 shares in the last quarter. Rise Advisors LLC acquired a new position in Five Below during the first quarter worth $28,000. Planned Solutions Inc. acquired a new position in Five Below during the fourth quarter worth $34,000. Finally, CVA Family Office LLC purchased a new stake in Five Below in the 4th quarter valued at $36,000.

Five Below Stock Performance

Shares of FIVE opened at $150.29 on Friday. The business’s 50-day moving average is $184.23 and its two-hundred day moving average is $185.61. The company has a market capitalization of $8.30 billion, a P/E ratio of 27.73, a P/E/G ratio of 1.22 and a beta of 1.19. Five Below has a fifty-two week low of $144.57 and a fifty-two week high of $216.18.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing the consensus estimate of $3.78 by ($0.13). Five Below had a return on equity of 20.80% and a net margin of 8.46%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the business earned $3.07 earnings per share. The firm’s revenue was up 19.1% on a year-over-year basis. Analysts forecast that Five Below will post 6.06 EPS for the current year.

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.