Five Below (NASDAQ:FIVE) Stock Rating Upgraded by Bank of America

Five Below (NASDAQ:FIVE) was upgraded by equities researchers at Bank of America from an “underperform” rating to a “buy” rating in a research note issued on Wednesday, MarketBeat reports. The brokerage currently has a $233.00 price objective on the specialty retailer’s stock. Bank of America‘s price objective indicates a potential upside of 20.05% from the stock’s previous close.

A number of other brokerages have also weighed in on FIVE. Deutsche Bank Aktiengesellschaft upgraded Five Below from a “hold” rating to a “buy” rating and set a $242.00 price objective for the company in a research note on Thursday, January 8th. Mizuho raised their price target on shares of Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Truist Financial set a $236.00 price target on shares of Five Below in a research note on Wednesday, January 14th. UBS Group set a $255.00 price objective on shares of Five Below in a research note on Tuesday, January 13th. Finally, Barclays raised their price objective on shares of Five Below from $160.00 to $193.00 and gave the stock a “positive” rating in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $203.65.

Five Below Price Performance

Five Below stock opened at $194.09 on Wednesday. Five Below has a 12-month low of $52.38 and a 12-month high of $205.22. The company has a market capitalization of $10.71 billion, a price-to-earnings ratio of 34.85, a price-to-earnings-growth ratio of 1.65 and a beta of 1.14. The firm’s fifty day moving average price is $187.03 and its 200 day moving average price is $161.77.

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, beating the consensus estimate of $0.22 by $0.46. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $971.96 million. During the same period last year, the firm earned $0.42 earnings per share. The company’s revenue was up 23.1% on a year-over-year basis. 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 forecast that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Activity at Five Below

In other news, COO Kenneth R. Bull sold 1,925 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $202.29, for a total value of $389,408.25. Following the transaction, the chief operating officer directly owned 99,115 shares in the company, valued at approximately $20,049,973.35. This trade represents a 1.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Maureen Marie Gellerman sold 544 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $174.38, for a total transaction of $94,862.72. Following the sale, the insider directly owned 12,163 shares of the company’s stock, valued at approximately $2,120,983.94. This represents a 4.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 50,769 shares of company stock valued at $9,365,308 in the last ninety days. 1.90% of the stock is owned by insiders.

Hedge Funds Weigh In On Five Below

Several institutional investors have recently made changes to their positions in the stock. Eastern Bank boosted its position in Five Below by 705.0% during the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 141 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Five Below in the second quarter valued at $26,000. IFP Advisors Inc lifted its stake in Five Below by 653.8% in the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 170 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Five Below during the third quarter valued at $32,000. Finally, V Square Quantitative Management LLC bought a new position in shares of Five Below during the fourth quarter worth about $35,000.

About Five Below

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.