Recent Analysts’ Ratings Updates for Five Below (FIVE)

Several brokerages have updated their recommendations and price targets on shares of Five Below (NASDAQ: FIVE) in the last few weeks:

• 11/7/2024 – Five Below was downgraded by analysts at KeyCorp from an “overweight” rating to a “sector weight” rating.
• 11/7/2024 – Five Below had its price target raised by analysts at Truist Financial Co. from $87.00 to $88.00. They now have a “hold” rating on the stock.
• 11/7/2024 – Five Below was upgraded by analysts at Gordon Haskett from a “hold” rating to a “buy” rating. They now have a $120.00 price target on the stock.
• 11/6/2024 – Five Below was downgraded by analysts at Bank of America Co. from a “neutral” rating to an “underperform” rating. They now have a $75.00 price target on the stock, down previously from $98.00.
• 10/22/2024 – Five Below had its price target raised by analysts at Evercore ISI from $100.00 to $104.00. They now have an “in-line” rating on the stock.
• 10/3/2024 – Five Below had its “neutral” rating reaffirmed by analysts at Mizuho. They now have a $85.00 price target on the stock.
• 10/2/2024 – Five Below had its price target raised by analysts at Craig Hallum from $102.00 to $125.00. They now have a “buy” rating on the stock.
• 9/26/2024 – Five Below had its price target raised by analysts at Bank of America Co. from $87.00 to $98.00. They now have a “neutral” rating on the stock.
• 9/23/2024 – Five Below is now covered by analysts at Melius Research. They set a “hold” rating and a $100.00 price target on the stock.
• 9/19/2024 – Five Below was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating. They now have a $95.00 price target on the stock, up previously from $89.00.

Five Below Stock Performance

NASDAQ:FIVE opened at $83.26 on Wednesday. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 16.39, a price-to-earnings-growth ratio of 0.95 and a beta of 1.20. Five Below, Inc. has a 52 week low of $64.87 and a 52 week high of $216.18. The firm has a 50-day moving average price of $91.00 and a two-hundred day moving average price of $100.16.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.54. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The company had revenue of $830.07 million during the quarter, compared to analyst estimates of $821.95 million. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.56 earnings per share for the current year.

Institutional Investors Weigh In On Five Below

Several large investors have recently modified their holdings of the stock. Janus Henderson Group PLC increased its stake in shares of Five Below by 0.4% during the 1st quarter. Janus Henderson Group PLC now owns 30,164 shares of the specialty retailer’s stock worth $5,473,000 after purchasing an additional 115 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Five Below by 12.0% during the 2nd quarter. Fifth Third Bancorp now owns 1,375 shares of the specialty retailer’s stock worth $150,000 after purchasing an additional 147 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Five Below by 9.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,122 shares of the specialty retailer’s stock worth $231,000 after purchasing an additional 180 shares during the last quarter. Peloton Wealth Strategists boosted its holdings in Five Below by 3.0% in the 2nd quarter. Peloton Wealth Strategists now owns 6,820 shares of the specialty retailer’s stock worth $743,000 after buying an additional 200 shares during the period. Finally, Partnership Wealth Management LLC boosted its holdings in Five Below by 63.5% in the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock worth $46,000 after buying an additional 200 shares during the period.

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.