Five Below Inc (FIVE) Gets a Hold Rating from Credit Suisse

By Austin Angelo

In a report released today, Judah Frommer from Credit Suisse maintained a Hold rating on Five Below Inc (NASDAQ: FIVE), with a price target of $125. The company’s shares closed yesterday at $115.51, close to its 52-week high of $119.70.

According to TipRanks.com, Frommer is a 2-star analyst with an average return of 0.8% and a 62.5% success rate. Frommer covers the Services sector, focusing on stocks such as Ollie’s Bargain Outlet Holding, US Food Holdings Corp, and Sprouts Farmers.

Five Below Inc has an analyst consensus of Moderate Buy, with a price target consensus of $118.40, implying a 2.5% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $103 price target.

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Five Below Inc’s market cap is currently $6.42B and has a P/E ratio of 55.53. The company has a Price to Book ratio of 13.44.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2018, Kathleen Barclay, a Director at FIVE sold 2,000 shares for a total of $211,200.

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.