Shares of Five Below Inc (NASDAQ:FIVE) have been assigned a consensus rating of “Buy” from the nineteen ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $65.24.

A number of equities research analysts recently commented on the stock. BidaskClub raised shares of Five Below from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 7th. KeyCorp restated a “hold” rating on shares of Five Below in a research note on Friday, November 10th. Gordon Haskett lowered shares of Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 price target on the stock. in a research note on Friday, December 1st. Morgan Stanley upped their price target on shares of Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 27th. Finally, Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research note on Thursday, November 30th.

In other news, Director Ronald Sargent sold 80,000 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $65.59, for a total value of $5,247,200.00. Following the sale, the director now owns 29,429 shares in the company, valued at $1,930,248.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Joel D. Anderson sold 20,000 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $67.00, for a total transaction of $1,340,000.00. Following the completion of the sale, the chief executive officer now owns 127,693 shares in the company, valued at approximately $8,555,431. The disclosure for this sale can be found here. Insiders sold 143,400 shares of company stock worth $9,474,401 in the last quarter. Company insiders own 2.92% of the company’s stock.

Several large investors have recently added to or reduced their stakes in FIVE. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Five Below by 53.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,714 shares of the specialty retailer’s stock worth $180,000 after acquiring an additional 943 shares during the period. M&T Bank Corp acquired a new stake in shares of Five Below in the fourth quarter worth $211,000. Wedbush Securities Inc. acquired a new stake in shares of Five Below in the fourth quarter worth $214,000. Everence Capital Management Inc. purchased a new stake in Five Below during the third quarter worth $215,000. Finally, Montag & Caldwell LLC purchased a new stake in Five Below during the third quarter worth $217,000.

Five Below (NASDAQ FIVE) traded down $0.32 during trading hours on Tuesday, reaching $64.35. 884,150 shares of the company were exchanged, compared to its average volume of 1,150,000. Five Below has a 12 month low of $37.14 and a 12 month high of $73.55. The stock has a market capitalization of $3,550.00, a PE ratio of 42.06, a price-to-earnings-growth ratio of 0.91 and a beta of 0.67.

Five Below (NASDAQ:FIVE) last posted its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The company had revenue of $257.18 million during the quarter, compared to analysts’ expectations of $246.04 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. Five Below’s revenue for the quarter was up 28.9% compared to the same quarter last year. analysts expect that Five Below will post 1.81 EPS for the current year.

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About Five Below

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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