Five Below (NASDAQ:FIVE) Reaches New 52-Week High - Time to Buy?

Key Points

• Five Below shares reached a new 52-week high of $155.82, with significant trading volume of over 1 million shares, after closing at $148.58 the previous day.
• Several analysts have raised their price targets for Five Below, with Wells Fargo setting a target of $170.00 and Sanford C. Bernstein establishing a target of $160.00.
• The company reported strong quarterly earnings, with $1.03 billion in revenue and $0.81 EPS, surpassing expectations and marking a 23.7% increase in revenue compared to the same quarter last year.

Shares of Five Below, Inc. (NASDAQ:FIVE - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $155.82 and last traded at $155.49, with a volume of 1138598 shares changing hands. The stock had previously closed at $148.58.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FIVE. Telsey Advisory Group upgraded shares of Five Below from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $144.00 to $170.00 in a research report on Thursday, August 28th. Bank of America lifted their price target on shares of Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a research report on Thursday, August 28th. Loop Capital upgraded shares of Five Below from a "hold" rating to a "buy" rating and lifted their price target for the company from $130.00 to $165.00 in a research report on Tuesday, August 12th. Morgan Stanley lifted their price target on shares of Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a research report on Thursday, August 28th. Finally, Wolfe Research initiated coverage on shares of Five Below in a research report on Thursday. They set an "outperform" rating and a $187.00 price target for the company. Nine research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $146.55.

Five Below Trading Down 2.2%

The business's 50-day moving average is $141.55 and its two-hundred day moving average is $111.53. The stock has a market capitalization of $8.38 billion, a PE ratio of 30.77, a PEG ratio of 2.27 and a beta of 1.09.

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

Insider Buying and Selling at Five Below

In other Five Below news, insider George Hill sold 1,500 shares of the company's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $140.00, for a total value of $210,000.00. Following the completion of the transaction, the insider directly owned 42,672 shares of the company's stock, valued at $5,974,080. This represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ronald James Masciantonio sold 818 shares of the company's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the transaction, the executive vice president directly owned 9,858 shares of the company's stock, valued at approximately $1,443,309.78. The trade was a 7.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,818 shares of company stock valued at $1,048,998 in the last ninety days. Insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Five Below

A number of institutional investors have recently modified their holdings of FIVE. Louisiana State Employees Retirement System lifted its position in shares of Five Below by 0.6% during the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the specialty retailer's stock worth $2,033,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System lifted its position in shares of Five Below by 0.8% during the second quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer's stock worth $1,734,000 after purchasing an additional 100 shares during the last quarter. Lazard Asset Management LLC lifted its position in shares of Five Below by 7.9% during the second quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer's stock worth $213,000 after purchasing an additional 120 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Five Below by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock worth $501,000 after purchasing an additional 155 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its position in shares of Five Below by 2.6% during the first quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock worth $482,000 after purchasing an additional 165 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.