Five Below (NASDAQ:FIVE) Price Target Raised to $142.00

Five Below (NASDAQ:FIVE) had its price target lifted by Citigroup from $135.00 to $142.00 in a research report released on Tuesday,Benzinga reports. The brokerage currently has a neutral rating on the specialty retailer’s stock.

A number of other brokerages have also commented on FIVE. Truist Financial reissued a “hold” rating on shares of Five Below in a research report on Wednesday, August 13th. The Goldman Sachs Group lifted their price target on shares of Five Below from $122.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. Bank of America boosted their price target on shares of Five Below from $78.00 to $93.00 and gave the stock an “underperform” rating in a research report on Thursday, June 5th. Telsey Advisory Group raised their price objective on Five Below from $90.00 to $128.00 and gave the company a “market perform” rating in a report on Wednesday, June 4th. Finally, UBS Group lifted their target price on Five Below from $110.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, June 5th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Five Below presently has an average rating of “Hold” and a consensus price target of $123.53.

Five Below Trading Down 0.3%

Shares of NASDAQ FIVE opened at $141.48 on Tuesday. The company has a fifty day moving average price of $132.82 and a 200 day moving average price of $102.55. The firm has a market cap of $7.79 billion, a PE ratio of 29.66 and a beta of 1.06. Five Below has a 1-year low of $52.38 and a 1-year high of $143.88.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.03. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The company had revenue of $970.53 million for the quarter, compared to analyst estimates of $966.29 million. During the same period in the previous year, the company posted $0.60 earnings per share. The company’s quarterly revenue was up 19.5% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. Equities research analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, insider Amit Jhunjhunwala sold 1,700 shares of the business’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of $125.17, for a total value of $212,789.00. Following the completion of the sale, the insider directly owned 25,890 shares in the company, valued at $3,240,651.30. The trade was a 6.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Eric M. Specter sold 5,500 shares of the stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the transaction, the chief accounting officer owned 55,854 shares in the company, valued at $7,304,027.58. The trade was a 8.96% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,200 shares of company stock valued at $1,740,209. 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 made changes to their positions in FIVE. Louisiana State Employees Retirement System increased its stake in Five Below by 0.6% in the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the specialty retailer’s stock valued at $2,033,000 after acquiring an additional 100 shares during the last quarter. State of Michigan Retirement System increased its stake in shares of Five Below by 0.8% in the 2nd quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock valued at $1,734,000 after purchasing an additional 100 shares during the last quarter. Lazard Asset Management LLC increased its stake in shares of Five Below by 7.9% in the 2nd quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer’s stock valued at $213,000 after purchasing an additional 120 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Five Below by 2.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer’s stock worth $501,000 after buying an additional 155 shares in the last quarter. Finally, Sterling Capital Management LLC lifted its position in shares of Five Below by 13.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer’s stock worth $143,000 after buying an additional 158 shares during 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.