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 – Get Free Report) 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
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.
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