Five Below (NASDAQ:FIVE) had its target price boosted by MKM Partners to $75.00 in a report released on Thursday, January 4th. The brokerage presently has a “buy” rating on the specialty retailer’s stock. MKM Partners’ target price points to a potential upside of 13.41% from the company’s previous close.

Other analysts also recently issued reports about the stock. KeyCorp restated a “hold” rating on shares of Five Below in a report on Friday, November 10th. Gordon Haskett downgraded shares of Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 price target on the stock. in a report on Friday, December 1st. BidaskClub upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 7th. Morgan Stanley upped their price target on shares of Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a report on Wednesday, December 27th. Finally, Wells Fargo & Co assumed coverage on shares of Five Below in a report on Friday, November 3rd. They set an “outperform” rating and a $65.00 price target on the stock. One 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 issued a strong buy rating to the company. Five Below presently has an average rating of “Buy” and a consensus target price of $64.33.

Five Below (NASDAQ:FIVE) traded up $0.19 during trading on Thursday, hitting $66.13. 81,633 shares of the stock were exchanged, compared to its average volume of 1,122,543. Five Below has a 12-month low of $37.14 and a 12-month high of $73.55. The company has a market cap of $3,700.20, a P/E ratio of 42.82, a PEG ratio of 1.29 and a beta of 0.84.

Five Below (NASDAQ:FIVE) last posted its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The firm had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. During the same period in the previous year, the firm posted $0.10 EPS. The business’s quarterly revenue was up 28.9% on a year-over-year basis. analysts forecast that Five Below will post 1.81 earnings per share for the current year.

In other Five Below news, EVP Michael Romanko sold 12,454 shares of the business’s stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $66.53, for a total value of $828,564.62. Following the completion of the sale, the executive vice president now directly owns 24,858 shares of the company’s stock, valued at approximately $1,653,802.74. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Ronald Sargent sold 80,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the completion of the sale, the director now directly owns 29,429 shares of the company’s stock, valued at approximately $1,930,248.11. The disclosure for this sale can be found here. Over the last three months, insiders sold 143,400 shares of company stock valued at $9,474,401. 2.92% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Trust N.A. purchased a new stake in shares of Five Below in the 2nd quarter worth approximately $205,000. Miles Capital Inc. purchased a new stake in shares of Five Below in the 2nd quarter worth approximately $210,000. Riverhead Capital Management LLC lifted its position in shares of Five Below by 73.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,329 shares of the specialty retailer’s stock worth $214,000 after purchasing an additional 1,829 shares during the period. Everence Capital Management Inc. purchased a new stake in shares of Five Below in the 3rd quarter worth approximately $215,000. Finally, Montag & Caldwell LLC purchased a new stake in shares of Five Below in the 3rd quarter worth approximately $217,000.

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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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