Choreo LLC Purchases Shares of 3,244 Five Below, Inc. $FIVE

Choreo LLC acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,244 shares of the specialty retailer’s stock, valued at approximately $426,000.

Several other large investors also recently made changes to their positions in FIVE. IFP Advisors Inc increased its position in Five Below by 653.8% in the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 170 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in Five Below by 1,097.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 417 shares during the period. Allworth Financial LP increased its holdings in shares of Five Below by 333.0% during the second quarter. Allworth Financial LP now owns 420 shares of the specialty retailer’s stock valued at $55,000 after acquiring an additional 323 shares in the last quarter. True Wealth Design LLC raised its position in shares of Five Below by 1,940.9% during the second quarter. True Wealth Design LLC now owns 449 shares of the specialty retailer’s stock worth $59,000 after purchasing an additional 427 shares during the period. Finally, Concord Wealth Partners acquired a new position in shares of Five Below during the second quarter worth approximately $66,000.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FIVE. Craig Hallum boosted their price target on shares of Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Truist Financial lifted their price objective on shares of Five Below from $148.00 to $168.00 and gave the company a “hold” rating in a report on Tuesday. Citigroup upped their target price on shares of Five Below from $142.00 to $152.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Five Below in a research note on Wednesday, October 8th. Finally, Mizuho boosted their price objective on Five Below from $150.00 to $160.00 and gave the stock a “neutral” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $158.83.

Five Below Stock Performance

NASDAQ:FIVE opened at $163.15 on Thursday. The firm has a market cap of $9.00 billion, a price-to-earnings ratio of 33.03, a price-to-earnings-growth ratio of 2.33 and a beta of 1.17. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $168.98. The firm has a 50-day moving average price of $154.70 and a two-hundred day moving average price of $141.23.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $971.96 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The company’s revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 EPS. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current year.

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.