Five Below (NASDAQ:FIVE) Upgraded to Buy at Bank of America

Bank of America upgraded shares of Five Below (NASDAQ:FIVE) from an underperform rating to a buy rating in a research note issued to investors on Wednesday, Marketbeat.com reports. The brokerage currently has $233.00 price objective on the specialty retailer’s stock.

A number of other brokerages have also recently commented on FIVE. Zacks Research raised Five Below from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 29th. Wall Street Zen upgraded shares of Five Below from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Deutsche Bank Aktiengesellschaft raised shares of Five Below from a “hold” rating to a “buy” rating and set a $242.00 price target on the stock in a report on Thursday, January 8th. Loop Capital reaffirmed a “buy” rating and set a $200.00 price objective on shares of Five Below in a research note on Wednesday, December 17th. Finally, Mizuho increased their target price on shares of Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Five Below currently has an average rating of “Moderate Buy” and an average price target of $203.65.

Five Below Stock Performance

Shares of FIVE opened at $192.93 on Wednesday. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $205.22. The firm has a market cap of $10.64 billion, a price-to-earnings ratio of 34.64, a PEG ratio of 1.70 and a beta of 1.14. The firm has a 50 day moving average price of $186.49 and a 200-day moving average price of $161.54.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $971.96 million. During the same quarter last year, the company earned $0.42 EPS. The firm’s revenue was up 23.1% compared to the same quarter last year. 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 research analysts predict that Five Below will post 4.93 earnings per share for the current year.

Insider Activity

In other news, COO Kenneth R. Bull sold 25,000 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $174.75, for a total value of $4,368,750.00. Following the completion of the transaction, the chief operating officer owned 106,140 shares of the company’s stock, valued at approximately $18,547,965. This represents a 19.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider George Hill sold 7,500 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $182.09, for a total value of $1,365,675.00. Following the transaction, the insider directly owned 32,913 shares of the company’s stock, valued at $5,993,128.17. This represents a 18.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 50,769 shares of company stock worth $9,365,308. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Five Below

A number of hedge funds and other institutional investors have recently bought and sold shares of FIVE. NewEdge Advisors LLC boosted its position in shares of Five Below by 143.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer’s stock worth $82,000 after purchasing an additional 645 shares in the last quarter. United Services Automobile Association purchased a new position in Five Below during the first quarter valued at $268,000. Empowered Funds LLC bought a new stake in Five Below in the first quarter worth $1,416,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Five Below by 13.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 184,518 shares of the specialty retailer’s stock worth $13,825,000 after acquiring an additional 21,625 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Five Below by 63.8% in the first quarter. Focus Partners Wealth now owns 3,858 shares of the specialty retailer’s stock worth $289,000 after acquiring an additional 1,503 shares during the last quarter.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.