Five Below (NASDAQ:FIVE) Price Target Raised to $185.00

Five Below (NASDAQ:FIVE) had its price target upped by Evercore ISI from $180.00 to $185.00 in a research note published on Tuesday,Benzinga reports. They currently have an in-line rating on the specialty retailer’s stock.

A number of other research analysts have also weighed in on FIVE. The Goldman Sachs Group upped their price objective on Five Below from $162.00 to $188.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Barclays upped their price target on shares of Five Below from $135.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Five Below in a research note on Wednesday, October 8th. Wolfe Research initiated coverage on shares of Five Below in a research report on Thursday, September 18th. They set an “outperform” rating and a $187.00 target price on the stock. Finally, Mizuho set a $165.00 price target on shares of Five Below in a research report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Five Below has a consensus rating of “Moderate Buy” and a consensus price target of $177.79.

Five Below Stock Up 0.3%

Shares of NASDAQ:FIVE opened at $188.37 on Tuesday. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $189.91. The firm’s 50-day simple moving average is $163.70 and its 200-day simple moving average is $148.26. The company has a market cap of $10.39 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 2.02 and a beta of 1.17.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, beating 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 firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $971.96 million. During the same quarter last year, the firm earned $0.42 earnings per share. 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. On average, research analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, Director Kathleen S. Barclay sold 2,200 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the sale, the director owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. This represents a 19.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider George Hill sold 7,500 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was 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. The trade was a 18.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 35,244 shares of company stock worth $6,229,754 in the last quarter. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Eastern Bank boosted its stake in shares of Five Below by 705.0% during the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 141 shares during the last quarter. IFP Advisors Inc boosted its position in Five Below by 653.8% during the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 170 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Five Below in the 2nd quarter worth approximately $26,000. Advisory Services Network LLC acquired a new position in Five Below in the 3rd quarter valued at $32,000. Finally, CI Investments Inc. raised its holdings in Five Below by 44.3% in the 3rd quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 74 shares during the last quarter.

About Five Below

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.