Five Below (NASDAQ:FIVE) was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a note issued to investors on Thursday.

Other research analysts have also issued reports about the stock. JPMorgan Chase & Co. dropped their price target on shares of Five Below to $153.00 in a research report on Sunday. Citigroup raised their price target on shares of Five Below from $117.00 to $133.00 and gave the company a “buy” rating in a research report on Friday, September 7th. Royal Bank of Canada raised their price target on shares of Five Below to $128.00 and gave the company a “buy” rating in a research report on Friday, September 7th. Deutsche Bank raised their price target on shares of Five Below to $136.00 and gave the company a “buy” rating in a research report on Friday, September 7th. Finally, Buckingham Research raised their price target on shares of Five Below from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, September 7th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $119.00.

Shares of FIVE traded down $2.79 during trading hours on Thursday, reaching $101.79. 4,324,780 shares of the stock traded hands, compared to its average volume of 1,186,840. Five Below has a 52 week low of $60.00 and a 52 week high of $136.13. The firm has a market capitalization of $5.83 billion, a P/E ratio of 56.87, a PEG ratio of 1.37 and a beta of 0.52.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, December 5th. The specialty retailer reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. Five Below had a net margin of 8.83% and a return on equity of 25.97%. The company had revenue of $312.82 million for the quarter, compared to analyst estimates of $303.54 million. As a group, analysts predict that Five Below will post 2.54 earnings per share for the current year.

In other news, EVP Michael Romanko sold 3,308 shares of Five Below stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $126.00, for a total value of $416,808.00. Following the completion of the transaction, the executive vice president now owns 18,092 shares in the company, valued at $2,279,592. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David N. Makuen sold 12,000 shares of Five Below stock in a transaction dated Thursday, October 18th. The stock was sold at an average price of $116.43, for a total transaction of $1,397,160.00. Following the completion of the transaction, the insider now owns 20,863 shares of the company’s stock, valued at approximately $2,429,079.09. The disclosure for this sale can be found here. Insiders have sold 19,303 shares of company stock valued at $2,346,022 in the last 90 days. 2.60% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Prudential Financial Inc. increased its stake in shares of Five Below by 75.5% in the third quarter. Prudential Financial Inc. now owns 160,132 shares of the specialty retailer’s stock worth $20,827,000 after purchasing an additional 68,887 shares in the last quarter. GWM Advisors LLC purchased a new position in shares of Five Below in the third quarter worth about $396,000. American International Group Inc. increased its stake in shares of Five Below by 324.0% in the second quarter. American International Group Inc. now owns 146,505 shares of the specialty retailer’s stock worth $14,315,000 after purchasing an additional 111,954 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of Five Below by 44.9% in the third quarter. Private Advisor Group LLC now owns 12,432 shares of the specialty retailer’s stock worth $1,617,000 after purchasing an additional 3,853 shares in the last quarter. Finally, Cerebellum GP LLC purchased a new position in shares of Five Below in the third quarter worth about $184,000. Hedge funds and other institutional investors own 95.42% of the company’s stock.

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 beauty products comprising nail polish, lip gloss, fragrance, 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 d├ęcor, and related items, as well as provides storage options for the customers room.

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Analyst Recommendations for Five Below (NASDAQ:FIVE)

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