Five Below (NASDAQ:FIVE) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Five Below (NASDAQ:FIVE) from a buy rating to a hold rating in a report issued on Monday,Wall Street Zen reports.

Other analysts also recently issued reports about the company. Truist Financial upped their price objective on Five Below from $273.00 to $297.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Sanford C. Bernstein upgraded Five Below from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $247.00 to $250.00 in a research note on Tuesday, July 21st. JPMorgan Chase & Co. lifted their target price on Five Below from $325.00 to $368.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. Susquehanna lowered Five Below to a “neutral” rating in a report on Tuesday, July 21st. Finally, Raymond James Financial upgraded Five Below to an “outperform” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $300.20.

Five Below Stock Performance

NASDAQ FIVE opened at $224.10 on Monday. The firm has a market cap of $12.34 billion, a PE ratio of 20.12, a P/E/G ratio of 0.86 and a beta of 0.94. Five Below has a one year low of $143.02 and a one year high of $263.88. The firm’s fifty day moving average is $233.87 and its two-hundred day moving average is $219.16.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the company earned $0.81 earnings per share. The business’s revenue was up 22.9% compared to the same quarter last year. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. Research analysts predict that Five Below will post 10.51 earnings per share for the current year.

Insider Activity

In related news, CAO Eric M. Specter sold 5,500 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $248.99, for a total value of $1,369,445.00. Following the completion of the sale, the chief accounting officer owned 35,482 shares in the company, valued at $8,834,663.18. This trade represents a 13.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Kenneth R. Bull sold 10,510 shares of Five Below stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $248.06, for a total value of $2,607,110.60. Following the completion of the sale, the chief operating officer directly owned 75,064 shares in the company, valued at $18,620,375.84. This represents a 12.28% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 18,438 shares of company stock valued at $4,580,933. 0.96% of the stock is owned by insiders.

Institutional Trading of Five Below

Hedge funds have recently modified their holdings of the business. BlackRock Inc. acquired a new position in shares of Five Below during the 2nd quarter worth approximately $964,867,000. Wellington Management Group LLP lifted its stake in Five Below by 54.4% in the 2nd quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer’s stock valued at $325,717,000 after buying an additional 638,049 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in Five Below by 8.8% during the 2nd quarter. Alyeska Investment Group L.P. now owns 536,532 shares of the specialty retailer’s stock valued at $96,463,000 after buying an additional 43,367 shares during the last quarter. Quantinno Capital Management LP grew its holdings in Five Below by 49.4% during the 1st quarter. Quantinno Capital Management LP now owns 522,234 shares of the specialty retailer’s stock valued at $119,320,000 after buying an additional 172,626 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Five Below by 39.0% during the 1st quarter. Bank of America Corp DE now owns 513,362 shares of the specialty retailer’s stock valued at $117,293,000 after buying an additional 144,003 shares during the last quarter.

About Five Below

Five Below, Inc is a specialty value retailer that sells merchandise aimed primarily at children, teenagers and young adults. Its product assortment includes technology accessories, toys and games, sports and recreation items, room décor, fashion and beauty products, party supplies, arts and crafts, and candy. The company emphasizes trend-driven products at low prices, with most items historically priced between $1 and $5 and a selection of higher-priced “Five Beyond” merchandise.

Five Below operates stores across the United States and also sells products through its e-commerce platform.