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

Five Below, Inc. (NASDAQ:FIVE) has been given a consensus recommendation of “Hold” by the twenty-one research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $112.40.

FIVE has been the topic of several recent research reports. Guggenheim reduced their target price on shares of Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a report on Friday, March 21st. JPMorgan Chase & Co. boosted their price objective on shares of Five Below from $57.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, May 2nd. Truist Financial boosted their price objective on shares of Five Below from $81.00 to $112.00 and gave the stock a “hold” rating in a report on Monday, June 2nd. Evercore ISI boosted their price objective on shares of Five Below from $98.00 to $115.00 and gave the stock an “in-line” rating in a report on Thursday, June 5th. Finally, UBS Group boosted their price objective on shares of Five Below from $110.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, June 5th.

Insider Transactions at Five Below

In other Five Below news, insider George Hill sold 4,500 shares of the firm’s stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $132.93, for a total value of $598,185.00. Following the transaction, the insider now owns 44,130 shares of the company’s stock, valued at $5,866,200.90. This trade represents a 9.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ronald James Masciantonio sold 584 shares of the firm’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the transaction, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Five Below

Large investors have recently bought and sold shares of the business. Byrne Asset Management LLC acquired a new stake in shares of Five Below in the first quarter valued at approximately $29,000. Proficio Capital Partners LLC acquired a new stake in shares of Five Below in the fourth quarter valued at approximately $31,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Five Below by 1,097.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock valued at $34,000 after purchasing an additional 417 shares during the period. Bessemer Group Inc. increased its stake in shares of Five Below by 246.9% in the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer’s stock valued at $37,000 after purchasing an additional 353 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Five Below by 61.7% in the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 206 shares during the period.

Five Below Trading Up 3.8%

NASDAQ:FIVE opened at $126.47 on Thursday. The firm has a market capitalization of $6.96 billion, a price-to-earnings ratio of 26.08, a PEG ratio of 1.19 and a beta of 1.02. The firm’s fifty day simple moving average is $94.93 and its 200 day simple moving average is $92.36. Five Below has a twelve month low of $52.38 and a twelve month high of $137.30.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. The business had revenue of $970.53 million for the quarter, compared to analyst estimates of $966.29 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.60 EPS. On average, analysts predict that Five Below will post 4.93 earnings per share 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.