Five Below (NASDAQ:FIVE) Price Target Raised to $188.00 at The Goldman Sachs Group

Five Below (NASDAQ:FIVE) had its price target hoisted by The Goldman Sachs Group from $162.00 to $188.00 in a report published on Thursday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the specialty retailer’s stock.

A number of other research analysts also recently issued reports on FIVE. Craig Hallum increased their price objective on Five Below from $164.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Bank of America upped their price target on Five Below from $110.00 to $132.00 and gave the stock an “underperform” rating in a research report on Thursday. Evercore ISI raised their price target on shares of Five Below from $175.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday. Sanford C. Bernstein reissued a “market perform” rating and issued a $173.00 price objective on shares of Five Below in a research report on Thursday. Finally, Guggenheim increased their target price on shares of Five Below from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $171.63.

Five Below Stock Up 3.2%

Shares of NASDAQ:FIVE opened at $168.42 on Thursday. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 2.35 and a beta of 1.17. Five Below has a 12 month low of $52.38 and a 12 month high of $168.98. The company’s fifty day simple moving average is $155.03 and its 200 day simple moving average is $141.42.

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. Five Below had a net margin of 6.96% and a return on equity of 17.36%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $971.96 million. During the same period in the prior year, the business earned $0.42 EPS. The company’s revenue for the quarter was up 23.1% compared to the same quarter last year. 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. Research analysts expect that Five Below will post 4.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Eastern Bank increased its stake in shares of Five Below by 705.0% during the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 141 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in Five Below during the second quarter worth about $26,000. IFP Advisors Inc increased its position 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 buying an additional 170 shares during the last quarter. Advisory Services Network LLC acquired a new position in Five Below during the third quarter worth approximately $32,000. Finally, Caitong International Asset Management Co. Ltd raised 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 buying an additional 417 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.