Deutsche Bank Upgrades Five Below Inc to Buy

By Austin Angelo

In a report released today, Paul Trussell from Deutsche Bank upgraded Five Below Inc (NASDAQ: FIVE) to Buy. The company’s shares opened today at $70.68, close to its 52-week high of $71.79.

According to TipRanks.com, Trussell is a 3-star analyst with an average return of 2.8% and a 58.8% success rate. Trussell covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Wal-Mart Stores Inc, and GNC Holdings Inc.

Five Below Inc has an analyst consensus of Moderate Buy, with a price target consensus of $64.83.

Five Below Inc’s market cap is currently $3.82B and has a P/E ratio of 45.20. The company has a book value ratio of 10.0182.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2017, Eric Specter, the CAO of FIVE sold 15,000 shares for a total of $1,006,200.

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.