Five Below (NASDAQ:FIVE) PT Lowered to $177.00

Five Below (NASDAQ:FIVEGet Free Report) had its price objective dropped by analysts at Deutsche Bank Aktiengesellschaft from $201.00 to $177.00 in a research note issued to investors on Wednesday. The firm presently has a “buy” rating on the specialty retailer’s stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 49.09% from the stock’s previous close.

Several other equities analysts also recently weighed in on FIVE. Telsey Advisory Group reissued an “outperform” rating and issued a $220.00 price target on shares of Five Below in a research note on Friday, May 31st. Citigroup cut their price objective on shares of Five Below from $210.00 to $185.00 and set a “buy” rating for the company in a research report on Wednesday, May 29th. Gordon Haskett cut shares of Five Below from a “buy” rating to an “accumulate” rating and cut their price objective for the stock from $210.00 to $200.00 in a research report on Wednesday, April 3rd. Morgan Stanley cut 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, Mizuho assumed coverage on shares of Five Below in a research report on Tuesday, March 19th. They set a “buy” rating and a $225.00 price target for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $178.39.

Get Our Latest Stock Report on FIVE

Five Below Stock Performance

FIVE stock opened at $118.72 on Wednesday. The firm has a market cap of $6.56 billion, a PE ratio of 21.90, a P/E/G ratio of 1.11 and a beta of 1.17. The firm’s fifty day moving average is $147.83 and its 200 day moving average is $178.21. Five Below has a one year low of $106.21 and a one year high of $216.18.

Five Below (NASDAQ:FIVEGet Free Report) 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). The company had revenue of $811.86 million for the quarter, compared to analysts’ expectations of $834.29 million. Five Below had a net margin of 8.46% and a return on equity of 20.80%. The business’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 earnings per share. Research analysts predict that Five Below will post 6.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FIVE. Price T Rowe Associates Inc. MD lifted its stake in Five Below by 1.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,799,561 shares of the specialty retailer’s stock worth $689,165,000 after acquiring an additional 38,419 shares during the last quarter. Capital World Investors lifted its stake in Five Below by 2.5% in the first quarter. Capital World Investors now owns 2,403,415 shares of the specialty retailer’s stock worth $435,931,000 after acquiring an additional 58,883 shares during the last quarter. Wasatch Advisors LP lifted its stake in Five Below by 2.1% in the first quarter. Wasatch Advisors LP now owns 1,876,053 shares of the specialty retailer’s stock worth $340,278,000 after acquiring an additional 37,797 shares during the last quarter. Montrusco Bolton Investments Inc. lifted its stake 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 acquiring an additional 395,275 shares during the last quarter. Finally, Artisan Partners Limited Partnership lifted its stake in Five Below by 0.9% in the fourth quarter. Artisan Partners Limited Partnership now owns 1,150,965 shares of the specialty retailer’s stock worth $245,340,000 after acquiring an additional 9,837 shares during the last quarter.

Five Below Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for Five Below (NASDAQ:FIVE)

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.