Citigroup Issues Positive Forecast for Five Below (NASDAQ:FIVE) Stock Price

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

Several other brokerages have also weighed in on FIVE. Evercore ISI raised their price objective on shares of Five Below from $129.00 to $132.00 and gave the company an “in-line” rating in a research report on Tuesday, August 12th. UBS Group raised their price target on shares of Five Below from $110.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, June 5th. Morgan Stanley lifted their price objective on shares of Five Below from $110.00 to $135.00 and gave the company an “equal weight” rating in a research note on Thursday, June 5th. Mizuho increased their target price on shares of Five Below from $115.00 to $132.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, The Goldman Sachs Group raised their target price on Five Below from $122.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, June 25th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $123.53.

Five Below Stock Down 0.3%

Shares of NASDAQ:FIVE opened at $141.48 on Tuesday. The firm has a fifty day moving average of $132.82 and a two-hundred day moving average of $102.55. Five Below has a 12-month low of $52.38 and a 12-month high of $143.88. The firm has a market capitalization of $7.79 billion, a P/E ratio of 29.66 and a beta of 1.06.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share (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 firm had revenue of $970.53 million during the quarter, compared to analysts’ expectations of $966.29 million. During the same quarter last year, the firm earned $0.60 earnings per share. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. 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 expect that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Transactions at Five Below

In related news, insider Amit Jhunjhunwala sold 1,700 shares of the company’s stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $125.17, for a total value of $212,789.00. Following the sale, the insider owned 25,890 shares of the company’s stock, valued at $3,240,651.30. The trade was a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Eric M. Specter sold 5,500 shares of Five Below stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $130.77, for a total value of $719,235.00. Following the sale, the chief accounting officer directly owned 55,854 shares in the company, valued at $7,304,027.58. The trade was a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 13,200 shares of company stock valued at $1,740,209. Company insiders own 1.90% of the company’s stock.

Institutional Trading of Five Below

A number of hedge funds and other institutional investors have recently modified their holdings of FIVE. Federated Hermes Inc. grew its holdings in Five Below by 26,340.9% during the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer’s stock worth $111,337,000 after acquiring an additional 1,480,361 shares during the period. Steadfast Capital Management LP acquired a new stake in Five Below in the fourth quarter worth $123,601,000. American Century Companies Inc. boosted its position in shares of Five Below by 494.5% during the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock worth $88,042,000 after purchasing an additional 977,411 shares in the last quarter. Norges Bank bought a new position in shares of Five Below during the second quarter worth $110,834,000. Finally, AQR Capital Management LLC grew its holdings in shares of Five Below by 433.1% in the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock valued at $54,668,000 after buying an additional 626,077 shares during the period.

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.