Sanford C. Bernstein Initiates Coverage on Five Below (NASDAQ:FIVE)

Key Points

• Sanford C. Bernstein has initiated coverage on Five Below with a "market perform" rating and a price target of $160.00, indicating a potential upside of 7.34% from its current price.
• Recent earnings results showed Five Below beat consensus estimates with $0.81 earnings per share and revenue of $1.03 billion, exceeding expectations by nearly $50 million.
• Analyst ratings for Five Below include eight "Buy," twelve "Hold," and one "Sell," with an average target price of $144.42.

Sanford C. Bernstein assumed coverage on shares of Five Below (NASDAQ:FIVE - Free Report) in a research report report published on Wednesday morning, MarketBeat.com reports. The brokerage issued a market perform rating and a $160.00 target price on the specialty retailer's stock.

A number of other brokerages also recently issued reports on FIVE. Bank of America boosted their price target on Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a report on Thursday, August 28th. Loop Capital raised Five Below from a "hold" rating to a "buy" rating and boosted their price target for the company from $130.00 to $165.00 in a report on Tuesday, August 12th. Craig Hallum boosted their price target on Five Below from $164.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Evercore ISI upped their target price on Five Below from $132.00 to $134.00 and gave the stock an "in-line" rating in a research note on Tuesday, August 26th. Finally, Truist Financial upped their target price on Five Below from $141.00 to $148.00 and gave the stock a "hold" rating in a research note on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Five Below currently has an average rating of "Hold" and an average price target of $146.55.

Five Below Stock Down 2.2%

Shares of Five Below stock traded down $3.45 on Wednesday, reaching $151.99. 2,240,992 shares of the stock were exchanged, compared to its average volume of 1,508,564. Five Below has a twelve month low of $52.38 and a twelve month high of $155.82. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 2.22 and a beta of 1.09. The business has a 50 day moving average price of $141.55 and a two-hundred day moving average price of $111.71.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $988.91 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company's revenue was up 23.7% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Research analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $146.41, for a total transaction of $119,763.38. Following the transaction, the executive vice president owned 9,858 shares of the company's stock, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Eric M. Specter sold 5,500 shares of the stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the transaction, the chief accounting officer directly owned 55,854 shares in the company, valued at approximately $7,304,027.58. The trade was a 8.96% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,818 shares of company stock valued at $1,048,998. Corporate insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Five Below

A number of hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Five Below by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock valued at $406,430,000 after purchasing an additional 376,932 shares in the last quarter. American Century Companies Inc. raised its position in Five Below by 31.1% in the 2nd quarter. American Century Companies Inc. now owns 1,540,501 shares of the specialty retailer's stock valued at $202,083,000 after purchasing an additional 365,426 shares in the last quarter. Federated Hermes Inc. raised its position in Five Below by 0.7% in the 2nd quarter. Federated Hermes Inc. now owns 1,496,952 shares of the specialty retailer's stock valued at $196,370,000 after purchasing an additional 10,971 shares in the last quarter. Samlyn Capital LLC raised its position in Five Below by 3.7% in the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer's stock valued at $83,147,000 after purchasing an additional 39,375 shares in the last quarter. Finally, Norges Bank acquired a new stake in Five Below in the 2nd quarter valued at about $110,834,000.

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.