Shares of Five Below Inc. (NASDAQ:FIVE) have earned an average recommendation of “Buy” from the twenty analysts that are covering the firm. Seven equities research analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $48.27.

Several equities research analysts have commented on the stock. Deutsche Bank AG restated a “hold” rating and set a $46.00 target price (up from $39.00) on shares of Five Below in a research report on Tuesday, August 2nd. BTIG Research assumed coverage on shares of Five Below in a research report on Tuesday, August 23rd. They set a “neutral” rating on the stock. They noted that the move was a valuation call. RBC Capital Markets restated an “outperform” rating and set a $54.00 target price (up from $53.00) on shares of Five Below in a research report on Thursday, September 1st. Jefferies Group restated a “buy” rating and set a $55.00 target price on shares of Five Below in a research report on Thursday, September 1st. Finally, Royal Bank Of Canada boosted their target price on shares of Five Below from $53.00 to $54.00 and gave the stock an “outperform” rating in a research report on Thursday, September 1st.

Hedge funds have recently modified their holdings of the company. UBS Asset Management Americas Inc. boosted its stake in shares of Five Below by 34.3% in the first quarter. UBS Asset Management Americas Inc. now owns 237,505 shares of the company’s stock worth $9,819,000 after buying an additional 60,719 shares during the last quarter. Riverhead Capital Management LLC purchased a new stake in shares of Five Below during the first quarter worth about $291,000. Geode Capital Management LLC boosted its stake in shares of Five Below by 4.8% in the first quarter. Geode Capital Management LLC now owns 366,210 shares of the company’s stock worth $15,138,000 after buying an additional 16,800 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Five Below by 30.5% in the first quarter. Envestnet Asset Management Inc. now owns 65,360 shares of the company’s stock worth $2,702,000 after buying an additional 15,289 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of Five Below by 121.7% in the first quarter. Barclays PLC now owns 31,751 shares of the company’s stock worth $1,301,000 after buying an additional 17,428 shares during the last quarter.

Five Below (NASDAQ:FIVE) opened at 39.95 on Tuesday. The firm’s 50-day moving average is $38.24 and its 200 day moving average is $43.13. Five Below has a 52 week low of $26.97 and a 52 week high of $52.70. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 35.07 and a beta of 1.02.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, August 31st. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. The company had revenue of $220.13 million for the quarter, compared to analyst estimates of $219.60 million. Five Below had a net margin of 6.93% and a return on equity of 26.01%. The business’s revenue was up 20.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. On average, equities research analysts expect that Five Below will post $1.31 EPS for the current year.

About Five Below

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company’s product groups include leisure, fashion and home, and party and snack.

5 Day Chart for NASDAQ:FIVE

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