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

Five Below (NASDAQ:FIVE) had its price objective raised by Mizuho from $115.00 to $132.00 in a research note 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. Citigroup increased their price objective on Five Below from $121.00 to $135.00 and gave the company a “neutral” rating in a report on Wednesday, June 4th. Truist Financial restated a “hold” rating on shares of Five Below in a research report on Wednesday, August 13th. JPMorgan Chase & Co. increased their target price on Five Below from $105.00 to $154.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Morgan Stanley increased their target price on Five Below from $110.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 5th. Finally, Wells Fargo & Company increased their target price on Five Below from $115.00 to $140.00 and gave the stock an “overweight” rating in a research report on Thursday, June 5th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Five Below presently has an average rating of “Hold” and a consensus price target of $123.53.

Five Below Trading Down 0.3%

Shares of NASDAQ FIVE opened at $141.48 on Tuesday. The stock has a fifty day simple moving average of $132.82 and a two-hundred day simple moving average of $102.55. Five Below has a 1-year low of $52.38 and a 1-year high of $143.88. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of 29.66 and a beta of 1.06.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The business had revenue of $970.53 million during the quarter, compared to analyst estimates of $966.29 million. During the same period in the prior year, the company earned $0.60 earnings per share. Five Below’s revenue was up 19.5% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. Analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, CAO Eric M. Specter sold 5,500 shares of the stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the sale, the chief accounting officer owned 55,854 shares in the company, valued at approximately $7,304,027.58. This trade represents a 8.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider George Hill sold 1,500 shares of the stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total value of $210,000.00. Following the completion of the sale, the insider owned 42,672 shares in the company, valued at $5,974,080. This trade represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,200 shares of company stock worth $1,740,209. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Five Below

Several hedge funds have recently added to or reduced their stakes in FIVE. Elevation Point Wealth Partners LLC bought a new stake in Five Below during the second quarter worth about $26,000. IFP Advisors Inc lifted its stake in Five Below by 653.8% during the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 170 shares during the last quarter. Byrne Asset Management LLC bought a new stake in Five Below during the first quarter worth about $29,000. Caitong International Asset Management Co. Ltd lifted its stake in Five Below by 1,097.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock worth $34,000 after purchasing an additional 417 shares during the last quarter. Finally, Bessemer Group Inc. lifted its stake in Five Below by 246.9% during the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 353 shares during the last quarter.

About 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.