BidaskClub upgraded shares of Five Below (NASDAQ:FIVE) from a buy rating to a strong-buy rating in a report published on Friday morning.

A number of other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Five Below from a buy rating to a sell rating in a research note on Tuesday, August 7th. Gordon Haskett cut shares of Five Below from an accumulate rating to a hold rating in a research note on Wednesday, July 25th. They noted that the move was a valuation call. Credit Suisse Group cut shares of Five Below from an outperform rating to a neutral rating and set a $96.00 price objective for the company. in a research note on Friday, July 20th. Loop Capital upped their price objective on shares of Five Below to $100.00 and gave the company a hold rating in a research note on Tuesday, July 17th. Finally, Morgan Stanley raised shares of Five Below from an equal weight rating to an overweight rating in a research note on Tuesday, July 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Five Below presently has a consensus rating of Buy and an average price target of $96.00.

FIVE stock opened at $104.48 on Friday. Five Below has a one year low of $46.00 and a one year high of $109.09. The company has a market capitalization of $5.89 billion, a price-to-earnings ratio of 58.37, a P/E/G ratio of 1.54 and a beta of 0.49.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 6th. The specialty retailer reported $0.35 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.03. Five Below had a net margin of 8.64% and a return on equity of 26.59%. The business had revenue of $296.32 million during the quarter, compared to analysts’ expectations of $291.14 million. During the same quarter in the previous year, the company earned $0.15 EPS. The business’s quarterly revenue was up 27.2% compared to the same quarter last year. sell-side analysts expect that Five Below will post 2.46 earnings per share for the current year.

In related news, insider Joel D. Anderson sold 20,929 shares of the company’s stock in a transaction on Wednesday, July 18th. The shares were sold at an average price of $103.50, for a total transaction of $2,166,151.50. Following the completion of the sale, the insider now directly owns 29,117 shares in the company, valued at approximately $3,013,609.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas Vellios sold 60,000 shares of the company’s stock in a transaction on Tuesday, July 17th. The shares were sold at an average price of $103.18, for a total transaction of $6,190,800.00. Following the sale, the director now owns 661,977 shares of the company’s stock, valued at $68,302,786.86. The disclosure for this sale can be found here. Insiders have sold a total of 141,806 shares of company stock valued at $14,531,056 over the last quarter. 2.60% of the stock is currently owned by company insiders.

A number of large investors have recently bought and sold shares of FIVE. Cambridge Investment Research Advisors Inc. bought a new stake in Five Below during the 4th quarter valued at $440,000. Wasatch Advisors Inc. raised its holdings in Five Below by 19.1% during the 1st quarter. Wasatch Advisors Inc. now owns 2,478,664 shares of the specialty retailer’s stock valued at $181,785,000 after buying an additional 396,992 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Five Below by 72.1% during the 1st quarter. Wells Fargo & Company MN now owns 645,375 shares of the specialty retailer’s stock valued at $47,331,000 after buying an additional 270,309 shares during the last quarter. Rhumbline Advisers raised its holdings in Five Below by 2.0% in the 1st quarter. Rhumbline Advisers now owns 127,295 shares of the specialty retailer’s stock worth $9,336,000 after purchasing an additional 2,537 shares in the last quarter. Finally, Montag & Caldwell LLC raised its holdings in Five Below by 29.7% in the 1st quarter. Montag & Caldwell LLC now owns 5,321 shares of the specialty retailer’s stock worth $390,000 after purchasing an additional 1,219 shares in the last quarter.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty d├ęcor, and related items, as well as provides storage options for the customers room.

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Analyst Recommendations for Five Below (NASDAQ:FIVE)

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