Five Below (NASDAQ:FIVE) Upgraded by StockNews.com to “Hold” Rating

StockNews.com upgraded shares of Five Below (NASDAQ:FIVE) from a sell rating to a hold rating in a report published on Thursday morning.

FIVE has been the topic of several other reports. Guggenheim lifted their price target on shares of Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday. Telsey Advisory Group lifted their price target on shares of Five Below from $95.00 to $115.00 and gave the company a “market perform” rating in a research note on Thursday. Melius Research started coverage on shares of Five Below in a research note on Monday, September 23rd. They issued a “hold” rating and a $100.00 price target on the stock. UBS Group lowered their price target on shares of Five Below from $120.00 to $108.00 and set a “buy” rating on the stock in a research note on Wednesday, August 21st. Finally, Citigroup lifted their price target on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a research note on Monday. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Five Below presently has a consensus rating of “Hold” and a consensus price target of $114.35.

Five Below Trading Up 10.5 %

FIVE opened at $115.97 on Thursday. The stock has a market capitalization of $6.38 billion, a P/E ratio of 22.83, a P/E/G ratio of 1.14 and a beta of 1.18. Five Below has a 12 month low of $64.87 and a 12 month high of $216.18. The firm’s fifty day simple moving average is $91.39 and its 200 day simple moving average is $94.78.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, beating the consensus estimate of $0.16 by $0.26. The business had revenue of $843.71 million for the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The firm’s revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.26 EPS. On average, equities research analysts predict that Five Below will post 4.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Paladin Wealth LLC acquired a new position in Five Below in the 3rd quarter valued at about $26,000. Brooklyn Investment Group bought a new stake in Five Below in the 3rd quarter valued at about $30,000. Wilmington Savings Fund Society FSB bought a new stake in Five Below in the 3rd quarter valued at about $42,000. Hobbs Group Advisors LLC bought a new stake in Five Below in the 2nd quarter valued at about $44,000. Finally, Partnership Wealth Management LLC boosted its holdings in Five Below by 63.5% in the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock valued at $46,000 after purchasing an additional 200 shares during the period.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.