Five Below, Inc. (NASDAQ:FIVE) Receives $116.15 Average Target Price from Analysts

Five Below, Inc. (NASDAQ:FIVE) has earned a consensus rating of “Hold” from the twenty-one brokerages that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $116.15.

Several analysts have recently weighed in on FIVE shares. Truist Financial raised their target price on Five Below from $88.00 to $118.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Loop Capital boosted their target price on shares of Five Below from $90.00 to $120.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Morgan Stanley upped their target price on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. KeyCorp lowered Five Below from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 7th. Finally, Barclays increased their target price on Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp lifted its position in Five Below by 1.9% in the third quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer’s stock worth $146,865,000 after purchasing an additional 31,520 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Five Below by 1.2% in the third quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock valued at $86,559,000 after buying an additional 11,504 shares during the period. Point72 Asset Management L.P. boosted its stake in Five Below by 556.2% during the second quarter. Point72 Asset Management L.P. now owns 908,425 shares of the specialty retailer’s stock valued at $98,991,000 after buying an additional 769,980 shares in the last quarter. Atreides Management LP acquired a new position in Five Below during the third quarter worth about $68,649,000. Finally, Two Sigma Advisers LP bought a new stake in Five Below in the third quarter worth about $64,981,000.

Five Below Stock Performance

FIVE opened at $107.50 on Thursday. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 1.12 and a beta of 1.19. Five Below has a one year low of $64.87 and a one year high of $216.18. The business’s fifty day moving average is $95.80 and its two-hundred day moving average is $92.12.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $843.71 million during the quarter, compared to the consensus estimate of $801.48 million. During the same period in the previous year, the firm posted $0.26 earnings per share. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. On average, analysts predict that Five Below will post 4.94 EPS for the current fiscal year.

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.