Five Below (NASDAQ:FIVE) Given New $197.00 Price Target at JPMorgan Chase & Co.

Five Below (NASDAQ:FIVE) had its price objective boosted by JPMorgan Chase & Co. from $186.00 to $197.00 in a research note issued to investors on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the specialty retailer’s stock.

A number of other equities research analysts have also commented on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Five Below in a research report on Wednesday, October 8th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $173.00 target price on shares of Five Below in a report on Thursday. The Goldman Sachs Group raised their price target on shares of Five Below from $162.00 to $188.00 and gave the stock a “buy” rating in a report on Thursday. Jefferies Financial Group upped their price objective on shares of Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday. Finally, UBS Group lifted their target price on shares of Five Below from $204.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $171.63.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $168.42 on Thursday. The firm has a 50 day moving average price of $155.03 and a two-hundred day moving average price of $141.42. The stock has a market cap of $9.29 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 2.35 and a beta of 1.17. Five Below has a 52-week low of $52.38 and a 52-week high of $168.98.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $971.96 million. Five Below had a net margin of 6.96% and a return on equity of 17.36%. Five Below’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 earnings per share. 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. Analysts predict that Five Below will post 4.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. American Century Companies Inc. increased its stake in Five Below by 494.5% in the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock valued at $88,042,000 after purchasing an additional 977,411 shares in the last quarter. Norges Bank acquired a new stake in shares of Five Below in the 2nd quarter valued at about $110,834,000. Jennison Associates LLC grew its stake in shares of Five Below by 397.5% in the 3rd quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock valued at $126,777,000 after buying an additional 654,763 shares during the period. AQR Capital Management LLC increased its position in 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 in the last quarter. Finally, Wellington Management Group LLP raised its stake in Five Below by 149.0% during the 3rd quarter. Wellington Management Group LLP now owns 848,105 shares of the specialty retailer’s stock worth $131,202,000 after buying an additional 507,487 shares during the period.

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.