Five Below (NASDAQ:FIVE) Hits New 1-Year High on Analyst Upgrade

Five Below, Inc. (NASDAQ:FIVE) shares reached a new 52-week high during trading on Friday after JPMorgan Chase & Co. raised their price target on the stock from $186.00 to $197.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Five Below traded as high as $176.67 and last traded at $176.5090, with a volume of 539977 shares changing hands. The stock had previously closed at $168.42.

A number of other brokerages have also commented on FIVE. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $173.00 price target on shares of Five Below in a research note on Thursday. Loop Capital upgraded shares of Five Below from a “hold” rating to a “buy” rating and upped their price objective for the stock from $130.00 to $165.00 in a report on Tuesday, August 12th. Wolfe Research began coverage on shares of Five Below in a research report on Thursday, September 18th. They issued an “outperform” rating and a $187.00 target price for the company. Telsey Advisory Group lifted their target price on shares of Five Below from $170.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, The Goldman Sachs Group boosted their price target on shares of Five Below from $162.00 to $188.00 and gave the company a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Five Below has an average rating of “Moderate Buy” and an average target price of $171.63.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of FIVE. CI Investments Inc. boosted its stake in Five Below by 44.3% during the third quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock worth $37,000 after acquiring an additional 74 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Five Below by 9.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 830 shares of the specialty retailer’s stock worth $128,000 after purchasing an additional 75 shares in the last quarter. Ballentine Partners LLC grew its stake in shares of Five Below by 4.5% in the 3rd quarter. Ballentine Partners LLC now owns 1,858 shares of the specialty retailer’s stock worth $287,000 after buying an additional 80 shares during the last quarter. Parallel Advisors LLC increased its position in Five Below by 17.5% during the 3rd quarter. Parallel Advisors LLC now owns 625 shares of the specialty retailer’s stock valued at $97,000 after buying an additional 93 shares in the last quarter. Finally, Clearstead Advisors LLC raised its stake in Five Below by 22.6% during the third quarter. Clearstead Advisors LLC now owns 516 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 95 shares during the last quarter.

Five Below Stock Up 5.0%

The firm has a market capitalization of $9.75 billion, a P/E ratio of 31.76, a P/E/G ratio of 2.35 and a beta of 1.17. The company has a fifty day simple moving average of $155.03 and a 200 day simple moving average of $141.42.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, topping 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 net margin of 6.96% and a return on equity of 17.36%. Five Below’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.42 EPS. 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, equities analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

About Five Below

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.