Five Below (NASDAQ:FIVE) Sets New 12-Month High After 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 trading hands. The stock had previously closed at $168.42.

A number of other equities analysts also recently commented on FIVE. Telsey Advisory Group increased their price objective on shares of Five Below from $170.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday. Evercore ISI raised their price target on Five Below from $175.00 to $180.00 and gave the company an “in-line” rating in a research note on Thursday. Citigroup boosted their price target on Five Below from $150.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday. Sanford C. Bernstein reissued a “market perform” rating and issued a $173.00 price objective on shares of Five Below in a report on Thursday. Finally, Morgan Stanley raised their target price on shares of Five Below from $135.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $171.63.

Institutional Trading of Five Below

Several hedge funds and other institutional investors have recently modified their holdings of FIVE. Jump Financial LLC increased its stake in shares of Five Below by 41.3% during the first quarter. Jump Financial LLC now owns 159,433 shares of the specialty retailer’s stock worth $11,946,000 after purchasing an additional 46,586 shares during the period. PNC Financial Services Group Inc. boosted its stake in Five Below by 2.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer’s stock valued at $501,000 after purchasing an additional 155 shares during the period. Smartleaf Asset Management LLC grew its holdings in Five Below by 169.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,997 shares of the specialty retailer’s stock valued at $146,000 after buying an additional 1,257 shares in the last quarter. Entropy Technologies LP bought a new position in Five Below during the 1st quarter worth $240,000. Finally, Charles Schwab Investment Management Inc. increased its position in Five Below by 4.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 681,872 shares of the specialty retailer’s stock worth $51,089,000 after buying an additional 28,601 shares during the period.

Five Below Stock Up 2.8%

The stock has a fifty day moving average price of $155.40 and a two-hundred day moving average price of $142.08. The company 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 (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, beating the consensus estimate of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $971.96 million. During the same period in the prior year, the company posted $0.42 earnings per share. Five Below’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. Analysts predict 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.