Five Below (NASDAQ:FIVE) has been assigned a $150.00 price target by investment analysts at Bank of America in a research note issued to investors on Monday, TipRanks reports. The firm presently has a “buy” rating on the specialty retailer’s stock. Bank of America‘s price objective would indicate a potential upside of 38.25% from the company’s previous close.

Several other equities analysts have also recently commented on the stock. Morgan Stanley started coverage on shares of Five Below in a research report on Monday, July 1st. They issued an “overweight” rating and a $135.00 price target for the company. Credit Suisse Group raised their price target on shares of Five Below from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Thursday, June 6th. Barclays cut shares of Five Below from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $128.00 to $140.00 in a research report on Monday, May 6th. They noted that the move was a valuation call. ValuEngine raised shares of Five Below from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, UBS Group raised their price target on shares of Five Below from $120.00 to $132.00 and gave the company a “neutral” rating in a research report on Monday, June 3rd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $134.89.

Shares of NASDAQ:FIVE traded down $3.05 during mid-day trading on Monday, reaching $108.50. 804,670 shares of the company were exchanged, compared to its average volume of 1,071,091. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.05 and a current ratio of 1.89. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 42.32, a price-to-earnings-growth ratio of 1.39 and a beta of 0.64. The company has a 50-day moving average price of $120.08. Five Below has a 1 year low of $86.57 and a 1 year high of $148.21.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, June 5th. The specialty retailer reported $0.35 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.35. Five Below had a net margin of 9.43% and a return on equity of 25.21%. The firm had revenue of $364.76 million during the quarter, compared to analysts’ expectations of $362.28 million. During the same quarter last year, the company posted $0.35 EPS. The firm’s quarterly revenue was up 23.1% on a year-over-year basis. On average, research analysts predict that Five Below will post 3.06 earnings per share for the current year.

In other news, CFO Kenneth R. Bull sold 7,103 shares of Five Below stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $130.13, for a total transaction of $924,313.39. Following the completion of the sale, the chief financial officer now directly owns 79,227 shares of the company’s stock, valued at approximately $10,309,809.51. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.50% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Optimum Investment Advisors acquired a new stake in Five Below during the 1st quarter worth $31,000. Shine Investment Advisory Services Inc. increased its stake in Five Below by 73.3% in the second quarter. Shine Investment Advisory Services Inc. now owns 305 shares of the specialty retailer’s stock valued at $37,000 after purchasing an additional 129 shares during the period. Quadrant Capital Group LLC increased its stake in Five Below by 74.2% in the first quarter. Quadrant Capital Group LLC now owns 465 shares of the specialty retailer’s stock valued at $55,000 after purchasing an additional 198 shares during the period. Icon Wealth Partners LLC acquired a new position in Five Below in the first quarter valued at $60,000. Finally, Carroll Financial Associates Inc. increased its stake in Five Below by 43.9% in the first quarter. Carroll Financial Associates Inc. now owns 492 shares of the specialty retailer’s stock valued at $61,000 after purchasing an additional 150 shares during the period. 97.16% of the stock is owned by institutional investors and hedge funds.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

See Also: What are benefits of a growth and income fund?

Analyst Recommendations for Five Below (NASDAQ:FIVE)

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.