Jefferies Group reiterated their buy rating on shares of Five Below (NASDAQ:FIVE) in a report issued on Monday. They currently have a $85.00 price target on the specialty retailer’s stock. Jefferies Group also issued estimates for Five Below’s Q4 2018 earnings at $1.18 EPS, FY2018 earnings at $1.81 EPS, Q1 2019 earnings at $0.23 EPS, Q2 2019 earnings at $0.37 EPS and Q3 2019 earnings at $0.24 EPS.

A number of other brokerages have also recently weighed in on FIVE. MKM Partners upped their price objective on shares of Five Below to $75.00 and gave the stock a buy rating in a report on Thursday, January 4th. Deutsche Bank upgraded shares of Five Below from a hold rating to a buy rating and set a $54.00 price objective on the stock in a report on Wednesday, January 3rd. Morgan Stanley upped their price objective on shares of Five Below from $54.00 to $58.00 and gave the stock an equal weight rating in a report on Wednesday, December 27th. BidaskClub upgraded shares of Five Below from a buy rating to a strong-buy rating in a report on Thursday, December 7th. Finally, Buckingham Research upped their price objective on shares of Five Below from $62.00 to $75.00 and gave the stock a buy rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Five Below has an average rating of Buy and an average price target of $64.33.

Shares of Five Below (NASDAQ FIVE) traded up $2.36 during midday trading on Monday, hitting $68.12. 1,370,866 shares of the company traded hands, compared to its average volume of 1,625,008. Five Below has a one year low of $37.14 and a one year high of $73.55. The stock has a market capitalization of $3,670.00, a PE ratio of 44.52, a P/E/G ratio of 1.53 and a beta of 0.84.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating the 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 for the quarter, compared to analysts’ expectations of $246.04 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. Five Below’s quarterly revenue was up 28.9% on a year-over-year basis. equities research analysts anticipate that Five Below will post 1.78 EPS for the current fiscal year.

In other Five Below news, CEO Joel D. Anderson sold 20,000 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 127,693 shares in the company, valued at $8,555,431. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Eric M. Specter sold 15,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $67.08, for a total transaction of $1,006,200.00. Following the completion of the transaction, the insider now owns 13,883 shares in the company, valued at $931,271.64. The disclosure for this sale can be found here. Insiders sold 143,400 shares of company stock worth $9,474,401 over the last quarter. Insiders own 2.92% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp increased its stake in shares of Five Below by 1.4% in the second quarter. Stifel Financial Corp now owns 15,614 shares of the specialty retailer’s stock worth $765,000 after purchasing an additional 214 shares in the last quarter. D.A. Davidson & CO. grew its stake in Five Below by 5.2% during the second quarter. D.A. Davidson & CO. now owns 5,921 shares of the specialty retailer’s stock valued at $292,000 after acquiring an additional 294 shares in the last quarter. Amalgamated Bank grew its stake in Five Below by 5.3% during the second quarter. Amalgamated Bank now owns 7,477 shares of the specialty retailer’s stock valued at $369,000 after acquiring an additional 378 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Five Below by 6.1% during the second quarter. PNC Financial Services Group Inc. now owns 8,848 shares of the specialty retailer’s stock valued at $438,000 after acquiring an additional 506 shares in the last quarter. Finally, Advisor Group Inc. grew its stake in Five Below by 11.4% during the second quarter. Advisor Group Inc. now owns 5,870 shares of the specialty retailer’s stock valued at $290,000 after acquiring an additional 599 shares in 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.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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