Five Below (NASDAQ:FIVE) Given New $142.00 Price Target at Citigroup

Key Points

• Five Below's price target has been raised by Citigroup from $135.00 to $142.00, while maintaining a "neutral" rating on the stock, suggesting a potential upside of just 1.11% from its current price.
• Several other brokerages have also increased their price targets, with UBS raising it to $160.00 and Loop Capital to $165.00, reflecting positive sentiment among analysts for the retail company's stock.
• Five Below reported strong earnings with a quarterly revenue increase of 19.5%, surpassing expectations, and set guidance for FY 2025 EPS between 4.250-4.720.

Five Below (NASDAQ:FIVE - Get Free Report) had its price objective raised by analysts at Citigroup from $135.00 to $142.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has a "neutral" rating on the specialty retailer's stock. Citigroup's price target indicates a potential upside of 1.11% from the company's current price.

A number of other brokerages also recently weighed in on FIVE. The Goldman Sachs Group increased their price target on Five Below from $122.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. UBS Group increased their price target on Five Below from $110.00 to $160.00 and gave the stock a "buy" rating in a report on Thursday, June 5th. Loop Capital upgraded Five Below from a "hold" rating to a "buy" rating and raised their target price for the company from $130.00 to $165.00 in a research note on Tuesday, August 12th. Mizuho raised their target price on Five Below from $115.00 to $132.00 and gave the company a "neutral" rating in a research note on Tuesday. Finally, Morgan Stanley raised their target price on Five Below from $110.00 to $135.00 and gave the company an "equal weight" rating in a research note on Thursday, June 5th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $123.53.

Five Below Price Performance

Shares of NASDAQ FIVE traded down $1.4450 during mid-day trading on Tuesday, hitting $140.4350. 261,206 shares of the stock traded hands, compared to its average volume of 1,941,989. The company has a market cap of $7.73 billion, a PE ratio of 29.43 and a beta of 1.06. The firm has a 50 day simple moving average of $132.46 and a two-hundred day simple moving average of $102.28. Five Below has a twelve month low of $52.38 and a twelve month high of $143.88.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, topping the consensus estimate of $0.83 by $0.03. The firm had revenue of $970.53 million for the quarter, compared to the consensus estimate of $966.29 million. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The business's quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 EPS. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. On average, equities research analysts anticipate that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Amit Jhunjhunwala sold 1,700 shares of the business's stock in a transaction on Monday, June 16th. The shares were sold at an average price of $125.17, for a total transaction of $212,789.00. Following the completion of the transaction, the insider directly owned 25,890 shares in the company, valued at $3,240,651.30. The trade was a 6.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider George Hill sold 4,500 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $132.93, for a total transaction of $598,185.00. Following the transaction, the insider owned 44,130 shares of the company's stock, valued at $5,866,200.90. This trade represents a 9.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,200 shares of company stock worth $1,740,209 in the last three months. Corporate insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Five Below

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Five Below by 7.5% in the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after acquiring an additional 376,932 shares during the period. American Century Companies Inc. lifted its stake in Five Below by 31.1% in the second quarter. American Century Companies Inc. now owns 1,540,501 shares of the specialty retailer's stock worth $202,083,000 after acquiring an additional 365,426 shares during the period. Federated Hermes Inc. lifted its stake in Five Below by 0.7% in the second quarter. Federated Hermes Inc. now owns 1,496,952 shares of the specialty retailer's stock worth $196,370,000 after acquiring an additional 10,971 shares during the period. Steadfast Capital Management LP purchased a new stake in Five Below in the fourth quarter worth $123,601,000. Finally, Samlyn Capital LLC lifted its stake in Five Below by 3.7% in the first quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer's stock worth $83,147,000 after acquiring an additional 39,375 shares during the period.

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.

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