Five Below, Inc. (NASDAQ:FIVE) has earned an average rating of “Buy” from the twenty ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, twelve have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $54.41.

A number of research firms recently issued reports on FIVE. Loop Capital reissued a “buy” rating and set a $60.00 target price on shares of Five Below in a research report on Friday, June 30th. UBS AG downgraded shares of Five Below from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $59.00 to $52.00 in a research report on Monday, July 10th. BidaskClub downgraded shares of Five Below from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Dougherty & Co reissued a “buy” rating on shares of Five Below in a research report on Friday, August 18th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $62.00 target price on shares of Five Below in a research report on Wednesday, August 23rd.

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In related news, insider Thomas Vellios sold 142,573 shares of Five Below stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $55.13, for a total value of $7,860,049.49. Following the transaction, the insider now owns 757,823 shares of the company’s stock, valued at approximately $41,778,781.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.92% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in FIVE. First Trust Advisors LP lifted its holdings in shares of Five Below by 95.0% during the 1st quarter. First Trust Advisors LP now owns 39,114 shares of the specialty retailer’s stock valued at $1,694,000 after buying an additional 19,051 shares during the last quarter. Karp Capital Management Corp acquired a new stake in shares of Five Below during the 1st quarter valued at about $514,000. Sei Investments Co. acquired a new stake in shares of Five Below during the 1st quarter valued at about $716,000. Oxford Asset Management acquired a new stake in shares of Five Below during the 1st quarter valued at about $497,000. Finally, Ameritas Investment Partners Inc. acquired a new stake in shares of Five Below during the 1st quarter valued at about $200,000.

Shares of Five Below (FIVE) opened at 55.28 on Wednesday. Five Below has a 52-week low of $35.03 and a 52-week high of $57.65. The company’s 50-day moving average is $51.89 and its 200 day moving average is $49.49. The firm has a market capitalization of $3.05 billion, a PE ratio of 38.18 and a beta of 0.89.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. The company had revenue of $283.30 million for the quarter, compared to analyst estimates of $276.37 million. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The firm’s quarterly revenue was up 28.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS. Equities analysts expect that Five Below will post $1.67 earnings per share for the current fiscal 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. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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