Guggenheim Raises Five Below (NASDAQ:FIVE) Price Target to $140.00

Five Below (NASDAQ:FIVE) had its price objective boosted by Guggenheim from $135.00 to $140.00 in a research note released on Thursday morning, The Fly reports. The brokerage currently has a buy rating on the specialty retailer’s stock.

FIVE has been the topic of several other reports. UBS Group dropped their target price on Five Below from $132.00 to $124.00 and set a neutral rating on the stock in a report on Tuesday, August 20th. Deutsche Bank set a $146.00 target price on Five Below and gave the stock a buy rating in a report on Monday, August 26th. Loop Capital set a $145.00 target price on Five Below and gave the stock a buy rating in a report on Monday, September 23rd. Bank of America set a $150.00 target price on Five Below and gave the stock a buy rating in a report on Monday, August 12th. Finally, Craig Hallum assumed coverage on Five Below in a report on Tuesday, September 10th. They issued a buy rating and a $168.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. Five Below has an average rating of Buy and an average target price of $137.37.

Shares of NASDAQ FIVE opened at $133.63 on Thursday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.98 and a quick ratio of 1.09. The stock has a market capitalization of $7.41 billion, a P/E ratio of 52.00, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58. Five Below has a 1-year low of $86.57 and a 1-year high of $148.21. The business has a fifty day moving average price of $127.63 and a 200 day moving average price of $126.84.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $417.40 million during the quarter, compared to analysts’ expectations of $421.38 million. Five Below had a return on equity of 24.52% and a net margin of 9.26%. The firm’s revenue was up 20.0% compared to the same quarter last year. During the same period last year, the business posted $0.42 earnings per share. As a group, equities research analysts anticipate that Five Below will post 3.04 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIVE. Rehmann Capital Advisory Group raised its stake in Five Below by 15.2% during the 1st quarter. Rehmann Capital Advisory Group now owns 598 shares of the specialty retailer’s stock valued at $74,000 after acquiring an additional 79 shares during the last quarter. Carroll Financial Associates Inc. raised its holdings in shares of Five Below by 18.7% during the second quarter. Carroll Financial Associates Inc. now owns 584 shares of the specialty retailer’s stock valued at $70,000 after buying an additional 92 shares during the last quarter. Bridge City Capital LLC raised its holdings in shares of Five Below by 0.5% during the second quarter. Bridge City Capital LLC now owns 19,207 shares of the specialty retailer’s stock valued at $2,305,000 after buying an additional 94 shares during the last quarter. Radnor Capital Management LLC raised its holdings in shares of Five Below by 2.5% during the third quarter. Radnor Capital Management LLC now owns 4,028 shares of the specialty retailer’s stock valued at $508,000 after buying an additional 100 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of Five Below by 5.4% during the second quarter. Integrated Wealth Concepts LLC now owns 2,079 shares of the specialty retailer’s stock valued at $250,000 after buying an additional 106 shares during the last quarter. 97.92% of the stock is owned by hedge funds and other institutional investors.

Five Below Company Profile

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 nail polishes, lip glosses, fragrances, 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 décor, and related items, as well as provides storage options for the customers room.

Featured Story: What does a bar chart display?

The Fly

Analyst Recommendations for Five Below (NASDAQ:FIVE)

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.