Five Below (NASDAQ:FIVE) Price Target Increased to $235.00 by Analysts at Oppenheimer

Five Below (NASDAQ:FIVEGet Rating) had its price objective upped by analysts at Oppenheimer from $165.00 to $235.00 in a research note issued on Wednesday, The Fly reports. Oppenheimer’s price target points to a potential upside of 22.38% from the stock’s current price.

Several other equities analysts have also recently weighed in on the company. UBS Group lifted their target price on Five Below from $165.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, December 1st. Credit Suisse Group assumed coverage on Five Below in a research note on Monday, December 19th. They issued a “neutral” rating and a $185.00 price target for the company. StockNews.com raised Five Below from a “sell” rating to a “hold” rating in a research note on Monday, January 16th. Deutsche Bank Aktiengesellschaft lowered their price target on Five Below from $205.00 to $201.00 in a research note on Friday, December 2nd. Finally, Evercore ISI boosted their price target on Five Below from $155.00 to $170.00 in a research note on Thursday, December 1st. Four equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. According to MarketBeat.com, Five Below currently has an average rating of “Moderate Buy” and a consensus target price of $188.48.

Five Below Price Performance

NASDAQ:FIVE opened at $192.02 on Wednesday. Five Below has a fifty-two week low of $109.49 and a fifty-two week high of $193.53. The stock’s 50-day moving average is $175.43 and its two-hundred day moving average is $150.09. The stock has a market cap of $10.66 billion, a PE ratio of 46.72, a price-to-earnings-growth ratio of 2.16 and a beta of 1.11.

Five Below (NASDAQ:FIVEGet Rating) last released its earnings results on Wednesday, November 30th. The specialty retailer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.15. Five Below had a return on equity of 20.11% and a net margin of 7.81%. The company had revenue of $645.03 million for the quarter, compared to analysts’ expectations of $611.16 million. On average, equities research analysts anticipate that Five Below will post 4.69 earnings per share for the current year.

Insider Transactions at Five Below

In other news, CMO Michael Romanko sold 3,756 shares of the company’s stock in a transaction that occurred on Friday, December 2nd. The stock was sold at an average price of $186.74, for a total transaction of $701,395.44. Following the completion of the transaction, the chief marketing officer now directly owns 12,651 shares in the company, valued at $2,362,447.74. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO Joel D. Anderson sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, December 2nd. The stock was sold at an average price of $185.57, for a total transaction of $1,855,700.00. Following the completion of the transaction, the chief executive officer now directly owns 49,415 shares in the company, valued at $9,169,941.55. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CMO Michael Romanko sold 3,756 shares of the company’s stock in a transaction that occurred on Friday, December 2nd. The stock was sold at an average price of $186.74, for a total value of $701,395.44. Following the transaction, the chief marketing officer now owns 12,651 shares of the company’s stock, valued at $2,362,447.74. The disclosure for this sale can be found here. Insiders sold a total of 37,325 shares of company stock worth $6,919,010 over the last three months. 1.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Canada Pension Plan Investment Board raised its stake in shares of Five Below by 93.0% in the first quarter. Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 93 shares in the last quarter. Private Trust Co. NA acquired a new position in shares of Five Below in the second quarter valued at $28,000. CENTRAL TRUST Co raised its stake in shares of Five Below by 29.6% in the third quarter. CENTRAL TRUST Co now owns 350 shares of the specialty retailer’s stock valued at $48,000 after purchasing an additional 80 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of Five Below by 2,876.9% in the second quarter. First Horizon Advisors Inc. now owns 387 shares of the specialty retailer’s stock valued at $43,000 after purchasing an additional 374 shares in the last quarter. Finally, Wipfli Financial Advisors LLC acquired a new position in shares of Five Below in the third quarter valued at $63,000.

Five Below Company Profile

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Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including 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, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room.

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