Five Below Inc (NASDAQ:FIVE) shares gapped down prior to trading on Tuesday . The stock had previously closed at $74.59, but opened at $72.37. Five Below shares last traded at $66.95, with a volume of 3339200 shares trading hands.

FIVE has been the subject of a number of analyst reports. Royal Bank of Canada boosted their price target on Five Below to $67.00 and gave the company an “outperform” rating in a research note on Friday, December 1st. Zacks Investment Research raised Five Below from a “hold” rating to a “buy” rating and set a $67.00 price target for the company in a research note on Thursday, November 30th. Jefferies Group boosted their price target on Five Below from $62.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, November 29th. BidaskClub raised Five Below from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 7th. Finally, Buckingham Research boosted their price target on Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a research note on Friday, December 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Five Below has a consensus rating of “Buy” and an average target price of $64.33.

The company has a market capitalization of $3,630.00, a PE ratio of 42.98, a PEG ratio of 1.53 and a beta of 0.84.

Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.05. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The firm had revenue of $257.18 million for the quarter, compared to analysts’ expectations of $246.04 million. During the same quarter in the previous year, the business posted $0.10 earnings per share. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. analysts anticipate that Five Below Inc will post 1.78 earnings per share for the current year.

In other Five Below news, insider Eric M. Specter sold 15,000 shares of Five Below stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $67.08, for a total value of $1,006,200.00. Following the transaction, the insider now owns 13,883 shares in the company, valued at $931,271.64. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Joel D. Anderson sold 20,000 shares of Five Below stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $67.00, for a total value of $1,340,000.00. Following the completion of the transaction, 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. In the last quarter, insiders sold 143,400 shares of company stock worth $9,474,401. Company insiders own 2.92% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Jennison Associates LLC grew its holdings in shares of Five Below by 24.1% during the third quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock worth $116,568,000 after purchasing an additional 412,641 shares during the last quarter. Emerald Advisers Inc. PA grew its holdings in shares of Five Below by 8.9% during the third quarter. Emerald Advisers Inc. PA now owns 598,025 shares of the specialty retailer’s stock worth $32,820,000 after purchasing an additional 48,974 shares during the last quarter. Piedmont Investment Advisors LLC bought a new stake in shares of Five Below during the second quarter worth about $588,000. Prudential Financial Inc. grew its holdings in shares of Five Below by 82.4% during the second quarter. Prudential Financial Inc. now owns 175,930 shares of the specialty retailer’s stock worth $8,685,000 after purchasing an additional 79,480 shares during the last quarter. Finally, Macquarie Group Ltd. grew its holdings in shares of Five Below by 42.2% during the second quarter. Macquarie Group Ltd. now owns 776,034 shares of the specialty retailer’s stock worth $38,313,000 after purchasing an additional 230,191 shares during the last quarter.

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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.

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