Today Buckingham Reconfirms a “Buy” Rating on Five Below (NASDAQ:FIVE) and a $140 Target Price

September 8, 2018 - By Richard Slagle

Five Below, Inc. (NASDAQ:FIVE) Logo

Investors sentiment increased to 1.31 in 2018 Q1. Its up 0.26, from 1.05 in 2017Q4. It increased, as 28 investors sold Five Below, Inc. shares while 91 reduced holdings. 62 funds opened positions while 94 raised stakes. 58.32 million shares or 1.67% more from 57.36 million shares in 2017Q4 were reported.

Wells Fargo And Company Mn stated it has 645,375 shares or 0.01% of all its holdings. Cipher Capital Lp invested in 10,739 shares. Groesbeck Invest Mngmt Nj reported 4,000 shares. Bnp Paribas Asset Mgmt invested 0.08% in Five Below, Inc. (NASDAQ:FIVE). Summit Creek Advisors Ltd Liability invested in 202,525 shares. Tremblant Cap stated it has 12,604 shares. Artemis Management Limited Liability Partnership holds 64,138 shares or 0.07% of its portfolio. Moreover, Voya Invest Mgmt Lc has 0.07% invested in Five Below, Inc. (NASDAQ:FIVE) for 471,073 shares. Price T Rowe Assoc Md has invested 0.01% in Five Below, Inc. (NASDAQ:FIVE). Waddell And Reed owns 418,547 shares. Aqr Cap Mgmt Limited Liability Corporation accumulated 39,331 shares. Suntrust Banks stated it has 0.02% in Five Below, Inc. (NASDAQ:FIVE). Pitcairn Company stated it has 3,059 shares or 0.02% of all its holdings. Fifth Third Bank & Trust invested 0.01% in Five Below, Inc. (NASDAQ:FIVE). Alps Incorporated holds 0% or 7,044 shares.

Since April 18, 2018, it had 0 insider buys, and 8 selling transactions for $16.89 million activity. $480,538 worth of stock was sold by Romanko Michael on Wednesday, April 18. Anderson Joel D sold $2.17 million worth of stock or 20,929 shares. $6.19M worth of Five Below, Inc. (NASDAQ:FIVE) shares were sold by Vellios Thomas. BULL KENNETH R had sold 19,204 shares worth $1.90 million on Monday, June 25. SPECTER ERIC M sold $1.67 million worth of Five Below, Inc. (NASDAQ:FIVE) on Tuesday, July 17. $3.61M worth of Five Below, Inc. (NASDAQ:FIVE) was sold by RYAN THOMAS M on Friday, July 20.

Five Below (NASDAQ:FIVE) Rating Reaffirmed

New York: In analysts report issued on 7 September, Buckingham reconfirmed their “Buy” rating on Five Below (NASDAQ:FIVE) shares. They now have a $140 target on the firm. Buckingham’s target gives a potential upside of 6.96 % from the company’s last close price.

Five Below, Inc. (NASDAQ:FIVE) Ratings Coverage

Among 12 analysts covering Five Below (NASDAQ:FIVE), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Five Below has $140 highest and $70 lowest target. $105.45’s average target is -19.44% below currents $130.89 stock price. Five Below had 20 analyst reports since March 20, 2018 according to SRatingsIntel. The stock of Five Below, Inc. (NASDAQ:FIVE) earned “Equal-Weight” rating by Morgan Stanley on Friday, September 7. As per Friday, September 7, the company rating was maintained by Citigroup. The company was maintained on Thursday, June 7 by Wells Fargo. On Tuesday, March 20 the stock rating was maintained by Buckingham Research with “Buy”. The firm earned “Neutral” rating on Wednesday, September 5 by Dougherty. The stock has “Buy” rating by Citigroup on Friday, June 8. The firm has “Outperform” rating by Credit Suisse given on Thursday, June 7. The firm has “Buy” rating given on Friday, September 7 by Buckingham Research. The rating was maintained by Deutsche Bank on Friday, May 25 with “Buy”. Guggenheim maintained Five Below, Inc. (NASDAQ:FIVE) on Thursday, March 22 with “Buy” rating.

The stock increased 13.31% or $15.38 during the last trading session, reaching $130.89. About 5.11M shares traded or 397.96% up from the average. Five Below, Inc. (NASDAQ:FIVE) has risen 36.80% since September 8, 2017 and is uptrending. It has outperformed by 24.23% the S&P500.

Five Below, Inc. operates as a specialty value retailer in the United States. The company has market cap of $7.28 billion. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, pillows, candles, incense, and related items, as well as provides storage options for the customer??s room and locker. It has a 58.8 P/E ratio. The firm also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, toys, and plush items; and pool, beach and outdoor toys, games, and accessories.

More notable recent Five Below, Inc. (NASDAQ:FIVE) news were published by: Nasdaq.com which released: “Five Below Stock Soars on Q2 Earnings, Revenue Beat” on September 07, 2018, also Nasdaq.com with their article: “Five Below Earnings: What to Watch” published on September 02, 2018, Benzinga.com published: “44 Stocks Moving In Friday’s Mid-Day Session” on September 07, 2018. More interesting news about Five Below, Inc. (NASDAQ:FIVE) were released by: Fool.com and their article: “A Blowout Q2 Sends Shares of Five Below Inc. 17% Higher Today” published on September 07, 2018 as well as Fool.com‘s news article titled: “How Five Below Keeps Climbing Higher” with publication date: September 07, 2018.

Five Below, Inc. (NASDAQ:FIVE) Institutional Positions Chart

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