Five Below (NASDAQ:FIVE) Given New $246.00 Price Target at JPMorgan Chase & Co.

Five Below (NASDAQ:FIVE) had its price target increased by stock analysts at JPMorgan Chase & Co. from $210.00 to $246.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 26.92% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the company. Truist Financial set a $236.00 price objective on Five Below in a research note on Wednesday, January 14th. Wells Fargo & Company boosted their price target on shares of Five Below from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Mizuho increased their price objective on shares of Five Below from $165.00 to $185.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. Craig Hallum reaffirmed a “buy” rating on shares of Five Below in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $242.00 target price for the company in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $198.60.

Five Below Trading Down 1.5%

FIVE traded down $2.87 during mid-day trading on Tuesday, hitting $193.82. 371,578 shares of the stock were exchanged, compared to its average volume of 1,242,674. The company has a market cap of $10.69 billion, a PE ratio of 34.81, a PEG ratio of 1.81 and a beta of 1.13. The firm’s fifty day moving average is $177.18 and its two-hundred day moving average is $156.79. Five Below has a 1-year low of $52.38 and a 1-year high of $205.22.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) 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 17.15%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $971.96 million. During the same period in the prior year, the firm earned $0.42 earnings per share. The business’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. As a group, research analysts anticipate that Five Below will post 4.93 earnings per share for the current year.

Insider Buying and Selling at Five Below

In other news, insider George Hill sold 7,500 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $182.09, for a total value of $1,365,675.00. Following the completion of the sale, the insider directly owned 32,913 shares of the company’s stock, valued at approximately $5,993,128.17. The trade was a 18.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathleen S. Barclay sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the transaction, the director owned 9,214 shares in the company, valued at $1,677,224.42. This represents a 19.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 50,769 shares of company stock valued at $9,365,308. 1.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Eastern Bank boosted its stake in shares of Five Below by 705.0% during the third quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock worth $25,000 after buying an additional 141 shares during the period. IFP Advisors Inc raised its stake in Five Below by 653.8% during the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 170 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Five Below during the 2nd quarter worth approximately $26,000. Spire Wealth Management purchased a new position in shares of Five Below in the 4th quarter valued at approximately $38,000. Finally, Advisory Services Network LLC acquired a new position in shares of Five Below in the third quarter valued at approximately $32,000.

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.