Five Below’s (FIVE) Buy Rating Reiterated at Jefferies Group LLC

Five Below, Inc. (NASDAQ:FIVE)‘s stock had its “buy” rating reissued by research analysts at Jefferies Group LLC in a report released on Tuesday. They presently have a $52.00 price target on the specialty retailer’s stock. Jefferies Group LLC’s price target points to a potential upside of 3.34% from the stock’s current price.

Several other equities analysts have also recently commented on FIVE. UBS AG boosted their target price on shares of Five Below from $50.00 to $59.00 and gave the company a “buy” rating in a research report on Friday, June 2nd. BidaskClub upgraded shares of Five Below from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Dougherty & Co reiterated a “buy” rating on shares of Five Below in a research report on Friday, August 18th. Buckingham Research reiterated a “buy” rating and set a $62.00 price objective on shares of Five Below in a research report on Friday, September 1st. Finally, Zacks Investment Research cut shares of Five Below from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $54.15.

Five Below (NASDAQ FIVE) traded up 0.72% on Tuesday, reaching $50.32. 558,568 shares of the company traded hands. The stock has a 50-day moving average price of $48.67 and a 200-day moving average price of $47.14. Five Below has a 52-week low of $35.03 and a 52-week high of $54.13. The firm has a market cap of $2.77 billion, a P/E ratio of 37.86 and a beta of 0.93.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. The company had revenue of $283.30 million during the quarter, compared to analysts’ expectations of $276.37 million. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The business’s revenue for the quarter was up 28.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.18 EPS. Analysts anticipate that Five Below will post $1.67 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIVE. First Mercantile Trust Co. raised its holdings in Five Below by 30.5% during the first quarter. First Mercantile Trust Co. now owns 2,310 shares of the specialty retailer’s stock worth $100,000 after buying an additional 540 shares during the last quarter. Tyers Asset Management LLC raised its holdings in Five Below by 17.6% during the first quarter. Tyers Asset Management LLC now owns 2,800 shares of the specialty retailer’s stock worth $121,000 after buying an additional 420 shares during the last quarter. Strs Ohio raised its holdings in Five Below by 30.4% during the first quarter. Strs Ohio now owns 3,000 shares of the specialty retailer’s stock worth $129,000 after buying an additional 700 shares during the last quarter. Flinton Capital Management LLC raised its holdings in Five Below by 17.6% during the first quarter. Flinton Capital Management LLC now owns 3,400 shares of the specialty retailer’s stock worth $147,000 after buying an additional 510 shares during the last quarter. Finally, Invictus RG acquired a new position in Five Below during the first quarter worth $183,000.

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. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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