Five Below, Inc. (NASDAQ:FIVE) Given Consensus Rating of “Moderate Buy” by Brokerages

Five Below, Inc. (NASDAQ:FIVE) has earned an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation, thirteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $205.75.

A number of equities research analysts have issued reports on the stock. Mizuho increased their price objective on shares of Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Jefferies Financial Group boosted their target price on shares of Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Telsey Advisory Group reiterated an “outperform” rating and set a $240.00 price target on shares of Five Below in a research report on Tuesday. Wells Fargo & Company lifted their price objective on shares of Five Below from $200.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Finally, Barclays boosted their price objective on shares of Five Below from $193.00 to $211.00 and gave the company an “equal weight” rating in a research report on Tuesday.

Five Below Stock Performance

FIVE opened at $210.36 on Friday. Five Below has a 52-week low of $52.38 and a 52-week high of $229.33. The firm has a market cap of $11.60 billion, a P/E ratio of 37.77, a price-to-earnings-growth ratio of 1.66 and a beta of 1.10. The business’s fifty day moving average is $205.62 and its 200-day moving average is $175.79.

Insider Activity

In related news, Director Kathleen S. Barclay sold 2,200 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the sale, the director directly owned 9,214 shares of the company’s stock, valued at $1,677,224.42. This trade represents a 19.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Eric M. Specter sold 8,500 shares of Five Below stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total value of $1,709,775.00. Following the completion of the transaction, the chief accounting officer owned 45,724 shares in the company, valued at approximately $9,197,382.60. This represents a 15.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 17,725 shares of company stock worth $3,536,020. 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 company. Jennison Associates LLC lifted its holdings in Five Below by 397.5% in the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock valued at $126,777,000 after buying an additional 654,763 shares during the period. Estate Counselors LLC bought a new stake in Five Below during the third quarter valued at $3,755,000. Charles Schwab Investment Management Inc. grew its holdings in Five Below by 1.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 690,615 shares of the specialty retailer’s stock worth $90,595,000 after acquiring an additional 8,743 shares during the period. Pacer Advisors Inc. acquired a new stake in Five Below during the 3rd quarter worth about $1,121,000. Finally, AGF Management Ltd. bought a new position in shares of Five Below in the 3rd quarter worth about $7,304,000.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.