Five Below, Inc. (NASDAQ:FIVE) had its price target upped by equities research analysts at Royal Bank Of Canada from $56.00 to $57.00 in a research report issued to clients and investors on Thursday. The brokerage presently has an “outperform” rating on the specialty retailer’s stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 18.75% from the stock’s current price.

FIVE has been the subject of several other reports. Deutsche Bank AG reaffirmed a “hold” rating and issued a $53.00 price objective (up from $48.00) on shares of Five Below in a research note on Tuesday, May 30th. Zacks Investment Research raised Five Below from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research note on Tuesday, May 23rd. Loop Capital set a $60.00 price objective on Five Below and gave the company a “buy” rating in a research note on Monday, August 28th. BTIG Research reaffirmed a “neutral” rating on shares of Five Below in a research note on Saturday, June 3rd. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $65.00 price objective (up from $47.00) on shares of Five Below in a research note on Saturday, June 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $54.03.

Shares of Five Below (NASDAQ:FIVE) opened at 48.00 on Thursday. The firm has a 50-day moving average price of $48.44 and a 200 day moving average price of $46.69. Five Below has a 12 month low of $35.03 and a 12 month high of $54.13. The company has a market cap of $2.65 billion, a P/E ratio of 36.12 and a beta of 0.93. Five Below also was the target of some unusual options trading on Wednesday. Traders purchased 7,306 put options on the stock. This is an increase of 818% compared to the typical volume of 796 put options.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.04. The business had revenue of $283.30 million during the quarter, compared to analyst estimates of $276.37 million. Five Below had a return on equity of 24.37% and a net margin of 7.29%. The company’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same period last year, the company earned $0.18 EPS. Equities analysts predict that Five Below will post $1.67 earnings per share for the current year.

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In other Five Below news, CFO Kenneth R. Bull sold 17,300 shares of Five Below stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $53.90, for a total transaction of $932,470.00. Following the completion of the sale, the chief financial officer now directly owns 76,544 shares of the company’s stock, valued at approximately $4,125,721.60. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 3.22% of the company’s stock.

A number of large investors have recently modified their holdings of FIVE. First Mercantile Trust Co. raised its stake in shares of Five Below by 30.5% in the first quarter. First Mercantile Trust Co. now owns 2,310 shares of the specialty retailer’s stock worth $100,000 after buying an additional 540 shares during the period. Tyers Asset Management LLC raised its stake in shares of Five Below by 17.6% in the first quarter. Tyers Asset Management LLC now owns 2,800 shares of the specialty retailer’s stock worth $121,000 after buying an additional 420 shares during the period. Strs Ohio raised its stake in shares of Five Below by 30.4% in the first quarter. Strs Ohio now owns 3,000 shares of the specialty retailer’s stock worth $129,000 after buying an additional 700 shares during the period. Flinton Capital Management LLC raised its stake in shares of Five Below by 17.6% in the first quarter. Flinton Capital Management LLC now owns 3,400 shares of the specialty retailer’s stock worth $147,000 after buying an additional 510 shares during the period. Finally, Invictus RG purchased a new stake in shares of Five Below during the first quarter worth $183,000.

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. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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