Five Below (NASDAQ:FIVE) Price Target Raised to $132.00

by · The Cerbat Gem

Five Below (NASDAQ:FIVE – Free Report) had its price objective raised by Bank of America from $110.00 to $132.00 in a research note released on Thursday morning,Benzinga reports. Bank of America currently has an underperform rating on the specialty retailer’s stock.

FIVE has been the topic of several other research reports. Loop Capital raised Five Below from a “hold” rating to a “buy” rating and boosted their target price for the stock from $130.00 to $165.00 in a report on Tuesday, August 12th. Wall Street Zen upgraded Five Below from a “hold” rating to a “buy” rating in a report on Sunday, November 2nd. Mizuho boosted their price target on shares of Five Below from $150.00 to $160.00 and gave the company a “neutral” rating in a report on Tuesday. Zacks Research raised Five Below from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 29th. Finally, Sanford C. Bernstein initiated coverage on shares of Five Below in a research report on Wednesday, September 17th. They issued a “market perform” rating and a $160.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $171.63.

Get Our Latest Stock Report on Five Below

Five Below Price Performance

Shares of FIVE opened at $173.20 on Thursday. Five Below has a 12 month low of $52.38 and a 12 month high of $177.73. The stock has a fifty day moving average price of $155.40 and a 200 day moving average price of $142.08. The company has a market cap of $9.55 billion, a P/E ratio of 31.10, a PEG ratio of 2.19 and a beta of 1.17.

Five Below (NASDAQ:FIVE – Get Free Report) last posted its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.46. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $971.96 million. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period last year, the business posted $0.42 earnings per share. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. As a group, research analysts anticipate that Five Below will post 4.93 earnings per share for the current year.

Institutional Trading of Five Below

Hedge funds have recently added to or reduced their stakes in the business. Eastern Bank raised its stake in shares of Five Below by 705.0% in the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 141 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Five Below during the 2nd quarter valued at about $26,000. IFP Advisors Inc increased its stake in Five Below by 653.8% in the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 170 shares during the period. Advisory Services Network LLC acquired a new position in Five Below in the third quarter worth about $32,000. Finally, Caitong International Asset Management Co. Ltd raised its position in Five Below by 1,097.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 417 shares in the last quarter.

Five Below Company Profile

(Get Free Report)

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.

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