Deutsche Bank Aktiengesellschaft Raises Five Below (NASDAQ:FIVE) Price Target to $238.00

Five Below (NASDAQ:FIVE – Get Rating) had its price target increased by Deutsche Bank Aktiengesellschaft from $234.00 to $238.00 in a report issued on Thursday, The Fly reports.

Several other equities research analysts have also issued reports on the company. Citigroup raised their price objective on Five Below from $170.00 to $186.00 in a research note on Monday, November 28th. Truist Financial raised their price objective on Five Below from $217.00 to $224.00 in a research note on Thursday. Roth Mkm raised Five Below from a neutral rating to a buy rating and raised their price objective for the company from $180.00 to $240.00 in a research note on Monday, February 13th. William Blair started coverage on Five Below in a research note on Wednesday, December 7th. They issued an outperform rating for the company. Finally, Barclays started coverage on Five Below in a research note on Tuesday, February 7th. They issued an overweight rating and a $219.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Five Below currently has a consensus rating of Moderate Buy and an average target price of $207.50.

Five Below Trading Down 1.0 %

Shares of Five Below stock opened at $193.40 on Thursday. The stock has a 50 day moving average of $198.13 and a 200 day moving average of $168.57. Five Below has a 12 month low of $109.49 and a 12 month high of $212.56. The firm has a market cap of $10.74 billion, a PE ratio of 41.24, a PEG ratio of 1.84 and a beta of 1.15.

Five Below (NASDAQ:FIVE – Get Rating) last announced its quarterly earnings results on Wednesday, March 15th. The specialty retailer reported $3.07 EPS for the quarter, meeting analysts’ consensus estimates of $3.07. Five Below had a return on equity of 21.69% and a net margin of 8.50%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company earned $2.49 earnings per share. The firm’s revenue was up 12.7% on a year-over-year basis. As a group, equities research analysts forecast that Five Below will post 5.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Five Below news, CMO Michael Romanko sold 3,750 shares of the firm’s stock in a transaction on Wednesday, January 11th. The stock was sold at an average price of $191.50, for a total transaction of $718,125.00. Following the transaction, the chief marketing officer now directly owns 8,901 shares in the company, valued at approximately $1,704,541.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Voya Investment Management LLC boosted its position in Five Below by 68.7% during the 4th quarter. Voya Investment Management LLC now owns 150,750 shares of the specialty retailer’s stock valued at $26,663,000 after acquiring an additional 61,404 shares in the last quarter. Natixis bought a new stake in Five Below during the 4th quarter valued at $733,000. Macquarie Group Ltd. boosted its position in Five Below by 11.6% during the 4th quarter. Macquarie Group Ltd. now owns 184,543 shares of the specialty retailer’s stock valued at $32,640,000 after acquiring an additional 19,203 shares in the last quarter. Coppell Advisory Solutions Corp. bought a new stake in Five Below during the 4th quarter valued at $70,000. Finally, Ascent Group LLC boosted its position in Five Below by 21.1% during the 4th quarter. Ascent Group LLC now owns 2,685 shares of the specialty retailer’s stock valued at $475,000 after acquiring an additional 467 shares in the last quarter.

Five Below Company Profile

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Five Below, Inc operates as a specialty value retailer. It operates through the following segments: Leisure, Fashion and Home, and Party and Snack. The Leisure segment includes items such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Fashion and Home segment consists of personal accessories, “attitude“ t-shirts, beauty offerings, home goods, and storage options.