FIVE has been the subject of several other research reports. Zacks Investment Research cut Five Below from a buy rating to a hold rating in a report on Monday, October 3rd. Barclays PLC initiated coverage on Five Below in a report on Friday, September 23rd. They issued an equal weight rating and a $42.00 price target for the company. MKM Partners reaffirmed a buy rating and issued a $60.00 price target on shares of Five Below in a report on Tuesday, September 13th. Goldman Sachs Group Inc. reaffirmed a neutral rating and issued a $42.00 price target on shares of Five Below in a report on Tuesday, September 6th. Finally, RBC Capital Markets reaffirmed an outperform rating and issued a $54.00 price target (up previously from $53.00) on shares of Five Below in a report on Thursday, September 1st. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Five Below presently has a consensus rating of Buy and a consensus target price of $47.63.
Five Below (NASDAQ:FIVE) opened at 37.24 on Tuesday. The stock has a market cap of $2.04 billion, a PE ratio of 32.70 and a beta of 0.99. The company’s 50-day moving average price is $41.50 and its 200-day moving average price is $43.63. Five Below has a 12-month low of $26.95 and a 12-month high of $52.70.
Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, August 31st. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. Five Below had a return on equity of 26.01% and a net margin of 6.93%. The business earned $220.13 million during the quarter, compared to analysts’ expectations of $219.60 million. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The business’s revenue was up 20.8% compared to the same quarter last year. On average, equities analysts expect that Five Below will post $1.32 EPS for the current fiscal year.
Large investors have recently bought and sold shares of the company. Barclays PLC boosted its stake in Five Below by 121.7% in the first quarter. Barclays PLC now owns 31,751 shares of the company’s stock valued at $1,301,000 after buying an additional 17,428 shares during the period. Envestnet Asset Management Inc. raised its position in Five Below by 30.5% in the first quarter. Envestnet Asset Management Inc. now owns 65,360 shares of the company’s stock valued at $2,702,000 after buying an additional 15,289 shares in the last quarter. Geode Capital Management LLC raised its position in Five Below by 4.8% in the first quarter. Geode Capital Management LLC now owns 366,210 shares of the company’s stock valued at $15,138,000 after buying an additional 16,800 shares in the last quarter. Riverhead Capital Management LLC purchased a new position in Five Below during the first quarter valued at approximately $291,000. Finally, Quadrature Capital Ltd raised its position in Five Below by 110.5% in the first quarter. Quadrature Capital Ltd now owns 48,092 shares of the company’s stock valued at $1,988,000 after buying an additional 25,244 shares in the last quarter.
Five Below Company Profile
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. The Company’s product groups include leisure, fashion and home, and party and snack.
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