Analyst Rating Update on Five Below (FIVE)

Five Below (NASDAQ:FIVE) : The consensus on Five Below (NASDAQ:FIVE) based on 10 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Five Below (NASDAQ:FIVE) : 9 Wall Street analysts covering Five Below (NASDAQ:FIVE) believe that the average level the stock could reach for the short term is $46.33. The maximum price target given is $53 and the minimum target for short term is around $37, hence the standard deviation is calculated at $5.32.

For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Morgan Stanley maintains its ratings on Five Below (NASDAQ:FIVE). In the latest research report, Morgan Stanley raises the target price from $34 per share to $37 per share. According to the latest information available, the shares are now rated Equal-weight by the analysts at the agency. The rating by the firm was issued on June 3, 2016.

Five Below (NASDAQ:FIVE): stock turned positive on Tuesday. Though the stock opened at $45.13, the bulls momentum made the stock top out at $46.21 level for the day. The stock recorded a low of $45 and closed the trading day at $45.2, in the green by 0.62%. The total traded volume for the day was 873,429. The stock had closed at $44.92 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (CFO & Treas.) of Five Below, Inc, Bull Kenneth R had sold 34,600 shares worth of $1,559,076 in a transaction dated June 8, 2016. In this transaction, 34,600 shares were sold at $45.06 per share.

Five Below, Inc. (Five Below) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers a range of products, all priced at five dollars and below, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company operates 366 locations across 21 states. The Companys stores have over 4,000 stock-keeping units (SKUs) across a range of categories. The Companys product groups include leisure, fashion and home, and party and snack. Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages.

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