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

Shares of Five Below, Inc. (NASDAQ:FIVE) have earned an average rating of “Hold” from the twenty-one research firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $106.05.

Several equities research analysts have issued reports on FIVE shares. JPMorgan Chase & Co. downgraded shares of Five Below from a “neutral” rating to an “underweight” rating and raised their price objective for the stock from $89.00 to $95.00 in a research report on Thursday, September 19th. KeyCorp lowered Five Below from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 7th. The Goldman Sachs Group decreased their price objective on shares of Five Below from $124.00 to $106.00 and set a “buy” rating on the stock in a research note on Thursday, August 29th. Telsey Advisory Group downgraded Five Below from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $102.00 to $95.00 in a research note on Monday. Finally, Mizuho reiterated a “neutral” rating and set a $85.00 price target on shares of Five Below in a report on Thursday, October 3rd.

Hedge Funds Weigh In On Five Below

A number of institutional investors and hedge funds have recently made changes to their positions in FIVE. LRI Investments LLC purchased a new stake in shares of Five Below in the first quarter worth approximately $38,000. Paladin Wealth LLC bought a new position in Five Below during the 3rd quarter valued at $26,000. Partnership Wealth Management LLC boosted its holdings in Five Below by 2,000.0% during the 2nd quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock worth $34,000 after acquiring an additional 300 shares during the last quarter. Brooklyn Investment Group purchased a new position in Five Below during the 3rd quarter worth $30,000. Finally, Natixis bought a new stake in shares of Five Below in the 1st quarter worth $73,000.

Five Below Trading Up 4.6 %

FIVE opened at $93.01 on Friday. The stock’s fifty day simple moving average is $90.60 and its 200 day simple moving average is $96.08. Five Below has a 1-year low of $64.87 and a 1-year high of $216.18. The stock has a market cap of $5.12 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 1.01 and a beta of 1.20.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The company had revenue of $830.07 million for the quarter, compared to analyst estimates of $821.95 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. Equities analysts forecast that Five Below will post 4.57 earnings per share for the current year.

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.