Craig Hallum Boosts Five Below (NASDAQ:FIVE) Price Target to $125.00

Five Below (NASDAQ:FIVE) had its price objective boosted by Craig Hallum from $102.00 to $125.00 in a research note released on Wednesday, Benzinga reports. Craig Hallum currently has a buy rating on the specialty retailer’s stock.

FIVE has been the subject of a number of other reports. Mizuho cut Five Below from an outperform rating to a neutral rating and dropped their price target for the company from $150.00 to $85.00 in a research note on Wednesday, July 17th. JPMorgan Chase & Co. downgraded Five Below from a neutral rating to an underweight rating and increased their target price for the company from $89.00 to $95.00 in a research report on Thursday, September 19th. William Blair lowered Five Below from an outperform rating to a market perform rating in a research note on Wednesday, July 17th. UBS Group lowered their price objective on Five Below from $120.00 to $108.00 and set a buy rating for the company in a research note on Wednesday, August 21st. Finally, Evercore ISI cut their target price on shares of Five Below from $101.00 to $95.00 and set an in-line rating on the stock in a research report on Thursday, August 29th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Five Below presently has a consensus rating of Hold and an average target price of $111.15.

Five Below Price Performance

NASDAQ FIVE opened at $94.27 on Wednesday. Five Below has a fifty-two week low of $64.87 and a fifty-two week high of $216.18. The business has a fifty day moving average price of $81.65 and a two-hundred day moving average price of $115.07. The stock has a market capitalization of $5.19 billion, a PE ratio of 17.72, a PEG ratio of 1.06 and a beta of 1.21.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The business had revenue of $830.07 million for the quarter, compared to analyst estimates of $821.95 million. Five Below had a return on equity of 18.16% and a net margin of 7.57%. As a group, sell-side analysts expect that Five Below will post 4.55 earnings per share for the current year.

Institutional Trading of Five Below

Several hedge funds have recently modified their holdings of FIVE. V Square Quantitative Management LLC acquired a new stake in Five Below in the fourth quarter worth $26,000. Rise Advisors LLC acquired a new stake in shares of Five Below in the 1st quarter valued at about $28,000. Partnership Wealth Management LLC increased its position in Five Below by 2,000.0% in the 2nd quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 300 shares in the last quarter. Parallel Advisors LLC raised its stake in Five Below by 86.3% during the 4th quarter. Parallel Advisors LLC now owns 177 shares of the specialty retailer’s stock worth $38,000 after buying an additional 82 shares during the period. Finally, LRI Investments LLC bought a new position in Five Below in the first quarter worth approximately $38,000.

Five Below Company Profile

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.