Five Below (FIVE) Receives a Buy from RBC Capital


RBC Capital analyst Scot Ciccarelli maintained a Buy rating on Five Below (FIVE) today and set a price target of $72.00. The company’s shares closed last Monday at $64.22, close to its 52-week low of $55.13.

According to TipRanks.com, Ciccarelli is a 5-star analyst with an average return of 10.1% and a 61.7% success rate. Ciccarelli covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, Dick’s Sporting Goods, and Genuine Parts Company.

Currently, the analyst consensus on Five Below is a Strong Buy with an average price target of $125.42, representing an 112.9% upside. In a report issued on March 16, Citigroup also maintained a Buy rating on the stock with a $110.00 price target.

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Based on Five Below’s latest earnings release for the quarter ending October 31, the company reported a quarterly net profit of $10.19 million. In comparison, last year the company had a net profit of $89.26 million.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FIVE in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.

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