Lisanti Capital Growth LLC Invests $908,000 in Five Below, Inc. (NASDAQ:FIVE)

Lisanti Capital Growth LLC bought a new position in Five Below, Inc. (NASDAQ:FIVE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,260 shares of the specialty retailer’s stock, valued at approximately $908,000.

A number of other large investors have also bought and sold shares of FIVE. Planned Solutions Inc. acquired a new position in Five Below in the fourth quarter worth $34,000. CVA Family Office LLC bought a new stake in Five Below during the 4th quarter worth about $36,000. Covestor Ltd increased its position in Five Below by 32.0% in the 3rd quarter. Covestor Ltd now owns 450 shares of the specialty retailer’s stock valued at $73,000 after acquiring an additional 109 shares in the last quarter. GAMMA Investing LLC bought a new position in shares of Five Below in the fourth quarter worth about $140,000. Finally, Annapolis Financial Services LLC lifted its position in shares of Five Below by 39.4% during the fourth quarter. Annapolis Financial Services LLC now owns 707 shares of the specialty retailer’s stock worth $151,000 after purchasing an additional 200 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages have commented on FIVE. Craig Hallum decreased their price objective on Five Below from $195.00 to $187.00 and set a “hold” rating on the stock in a research report on Thursday, March 21st. Wells Fargo & Company upgraded Five Below from an “equal weight” rating to an “overweight” rating and set a $180.00 price objective for the company in a research report on Thursday, April 25th. Barclays cut their target price on shares of Five Below from $225.00 to $214.00 and set an “overweight” rating on the stock in a research report on Friday, March 22nd. Truist Financial lowered their price target on shares of Five Below from $214.00 to $204.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. Finally, Telsey Advisory Group cut their price objective on shares of Five Below from $230.00 to $220.00 and set an “outperform” rating on the stock in a report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $210.33.

Five Below Price Performance

FIVE traded up $0.72 during trading on Tuesday, reaching $146.74. The company had a trading volume of 780,673 shares, compared to its average volume of 872,903. The business’s fifty day moving average price is $174.69 and its 200 day moving average price is $184.35. Five Below, Inc. has a 12 month low of $140.19 and a 12 month high of $216.18. The company has a market cap of $8.11 billion, a P/E ratio of 26.94, a PEG ratio of 1.16 and a beta of 1.21.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing the consensus estimate of $3.78 by ($0.13). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the prior year, the firm posted $3.07 earnings per share. The company’s revenue was up 19.1% compared to the same quarter last year. As a group, sell-side analysts predict that Five Below, Inc. will post 6.05 EPS for the current fiscal year.

Five Below Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.