Five Below (NASDAQ:FIVE) Price Target Raised to $188.00

Five Below (NASDAQ:FIVE) had its price target boosted by The Goldman Sachs Group from $162.00 to $188.00 in a report published on Thursday, MarketBeat reports. The firm currently has a buy rating on the specialty retailer’s stock.

A number of other analysts also recently issued reports on the company. JPMorgan Chase & Co. raised Five Below from a “neutral” rating to an “overweight” rating and set a $186.00 target price for the company in a research report on Monday, October 27th. Telsey Advisory Group increased their price target on Five Below from $170.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Five Below in a research note on Wednesday, October 8th. Guggenheim upped their price objective on shares of Five Below from $165.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Mizuho set a $165.00 price target on shares of Five Below in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Five Below currently has a consensus rating of “Moderate Buy” and an average target price of $171.63.

Five Below Stock Performance

Shares of FIVE stock opened at $173.20 on Thursday. The firm has a market cap of $9.55 billion, a price-to-earnings ratio of 31.10, a P/E/G ratio of 2.19 and a beta of 1.17. Five Below has a 52 week low of $52.38 and a 52 week high of $177.73. The firm’s 50-day simple moving average is $155.40 and its two-hundred day simple moving average is $142.08.

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

Institutional Investors Weigh In On Five Below

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Five Below by 7.5% during the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock valued at $406,430,000 after acquiring an additional 376,932 shares in the last quarter. American Century Companies Inc. lifted its stake in Five Below by 21.6% in the 3rd quarter. American Century Companies Inc. now owns 1,873,116 shares of the specialty retailer’s stock worth $289,771,000 after purchasing an additional 332,615 shares in the last quarter. Federated Hermes Inc. lifted its stake in Five Below by 0.7% in the 2nd quarter. Federated Hermes Inc. now owns 1,496,952 shares of the specialty retailer’s stock worth $196,370,000 after purchasing an additional 10,971 shares in the last quarter. Capital World Investors boosted its holdings in Five Below by 0.9% in the 3rd quarter. Capital World Investors now owns 1,353,928 shares of the specialty retailer’s stock valued at $209,453,000 after purchasing an additional 12,583 shares during the period. Finally, Samlyn Capital LLC grew its position in shares of Five Below by 3.7% during the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock valued at $83,147,000 after purchasing an additional 39,375 shares in the last quarter.

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.