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

Five Below, Inc. (NASDAQ:FIVE) has earned an average rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $210.33.

A number of equities research analysts recently issued reports on the company. Gordon Haskett lowered Five Below from a “buy” rating to an “accumulate” rating and decreased their price target for the stock from $210.00 to $200.00 in a research note on Wednesday, April 3rd. Wells Fargo & Company raised shares of Five Below from an “equal weight” rating to an “overweight” rating and set a $180.00 target price for the company in a research note on Thursday, April 25th. UBS Group reduced their price target on shares of Five Below from $270.00 to $245.00 and set a “buy” rating on the stock in a research note on Thursday, March 21st. Morgan Stanley lowered their price objective on shares of Five Below from $225.00 to $210.00 and set an “overweight” rating for the company in a research report on Thursday, March 21st. Finally, Evercore ISI reduced their target price on shares of Five Below from $230.00 to $225.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 16th.

Hedge Funds Weigh In On Five Below

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIVE. Wasatch Advisors LP grew its position 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 worth $340,278,000 after buying an additional 37,797 shares during the last quarter. Montrusco Bolton Investments Inc. grew its holdings in Five Below by 34.6% in the third quarter. Montrusco Bolton Investments Inc. now owns 1,539,132 shares of the specialty retailer’s stock worth $242,681,000 after purchasing an additional 395,275 shares during the last quarter. Artisan Partners Limited Partnership lifted its holdings in shares of Five Below by 0.9% during 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. William Blair Investment Management LLC lifted its holdings in shares of Five Below by 89.1% during the 3rd quarter. William Blair Investment Management LLC now owns 1,035,592 shares of the specialty retailer’s stock valued at $166,627,000 after purchasing an additional 487,948 shares during the last quarter. Finally, Clearbridge Investments LLC boosted its position 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 worth $139,657,000 after purchasing an additional 14,048 shares in the last quarter.

Five Below Stock Up 0.5 %

NASDAQ FIVE opened at $146.74 on Wednesday. Five Below has a 52 week low of $140.19 and a 52 week high of $216.18. The firm has a market capitalization of $8.11 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 1.16 and a beta of 1.21. The company has a fifty day moving average of $173.61 and a two-hundred day moving average of $184.15.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $3.78 by ($0.13). Five Below had a return on equity of 20.80% and a net margin of 8.46%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the prior year, the firm posted $3.07 earnings per share. Five Below’s revenue for the quarter was up 19.1% on a year-over-year basis. Equities research analysts anticipate that Five Below will post 6.05 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.