Five Below (NASDAQ:FIVE) Reaches New 12-Month High – Here’s Why

Shares of Five Below, Inc. (NASDAQ:FIVE) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $182.24 and last traded at $181.77, with a volume of 112467 shares trading hands. The stock had previously closed at $177.16.

Analysts Set New Price Targets

FIVE has been the subject of several analyst reports. Wolfe Research assumed coverage on Five Below in a research note on Thursday, September 18th. They issued an “outperform” rating and a $187.00 price objective for the company. Evercore ISI raised their price objective on Five Below from $175.00 to $180.00 and gave the stock an “in-line” rating in a research note on Thursday, December 4th. Craig Hallum lifted their price objective on Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Zacks Research raised shares of Five Below from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 29th. Finally, Truist Financial upgraded shares of Five Below from a “hold” rating to a “buy” rating and raised their target price for the stock from $179.00 to $216.00 in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Five Below has a consensus rating of “Moderate Buy” and an average price target of $175.16.

Five Below Trading Up 4.0%

The company has a 50 day simple moving average of $156.64 and a two-hundred day simple moving average of $143.48. The firm has a market capitalization of $10.17 billion, a P/E ratio of 33.02, a P/E/G ratio of 1.87 and a beta of 1.17.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $971.96 million. During the same quarter last year, the business posted $0.42 earnings per share. 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. On average, sell-side analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Activity

In other Five Below news, COO Kenneth R. Bull sold 25,000 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $174.75, for a total transaction of $4,368,750.00. Following the completion of the transaction, the chief operating officer owned 106,140 shares of the company’s stock, valued at $18,547,965. This represents a 19.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Maureen Marie Gellerman sold 544 shares of Five Below stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $174.38, for a total value of $94,862.72. Following the completion of the sale, the insider directly owned 12,163 shares in the company, valued at $2,120,983.94. This trade represents a 4.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.90% of the stock is owned by corporate insiders.

Institutional Trading of Five Below

Several hedge funds have recently modified their holdings of FIVE. Eastern Bank grew its holdings in shares of Five Below by 705.0% in the third quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 141 shares in the last quarter. IFP Advisors Inc lifted 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 valued at $27,000 after purchasing an additional 170 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Five Below in the 2nd quarter worth $26,000. Advisory Services Network LLC purchased a new stake in shares of Five Below during the 3rd quarter valued at about $32,000. Finally, CI Investments Inc. lifted its holdings in shares of Five Below by 44.3% in the 3rd quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 74 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.