Five Below (NASDAQ:FIVE) Now Covered by Analysts at Wolfe Research

Key Points

• Wolfe Research has initiated coverage on Five Below (NASDAQ:FIVE) with an "outperform" rating and a price target of $187.00, suggesting a potential upside of 22.91% from its previous close.
• Five Below recently reported earnings of $0.81 EPS for the quarter, exceeding expectations and reflecting a 23.7% increase in revenue compared to the same quarter last year.
• The stock currently has a consensus rating of "Hold" with nine analysts giving it a Buy rating, while the average price target is set at $146.55.

Wolfe Research began coverage on shares of Five Below (NASDAQ:FIVE - Free Report) in a report released on Thursday, MarketBeat Ratings reports. The firm issued an outperform rating and a $187.00 target price on the specialty retailer's stock.

Several other brokerages have also recently issued reports on FIVE. The Goldman Sachs Group upped their price objective on Five Below from $143.00 to $162.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Guggenheim upped their price objective on Five Below from $155.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, August 29th. Sanford C. Bernstein began coverage on Five Below in a research note on Wednesday. They set a "market perform" rating and a $160.00 price objective on the stock. Wells Fargo & Company upped their price objective on Five Below from $140.00 to $170.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Finally, Craig Hallum upped their price objective on Five Below from $164.00 to $180.00 and gave the company a "buy" 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $146.55.

Five Below Trading Down 2.2%

NASDAQ FIVE traded down $3.45 during mid-day trading on Thursday, reaching $151.99. 2,240,992 shares of the company's stock traded hands, compared to its average volume of 1,508,564. Five Below has a 1-year low of $52.38 and a 1-year high of $155.82. The company has a fifty day simple moving average of $141.55 and a 200-day simple moving average of $111.53. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 30.77, a P/E/G ratio of 2.27 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating 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 analyst estimates of $988.91 million. During the same quarter last year, the firm earned $0.54 EPS. Five Below's quarterly 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. Equities research analysts forecast that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction on Friday, August 29th. The stock was 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. This trade represents a 7.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider George Hill sold 1,500 shares of the stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $140.00, for a total value of $210,000.00. Following the transaction, the insider directly owned 42,672 shares of the company's stock, valued at approximately $5,974,080. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,818 shares of company stock valued at $1,048,998. 1.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Five Below

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Five Below by 7.5% during 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. boosted its stake in Five Below by 31.1% during 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. boosted its stake in Five Below by 0.7% during 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 boosted its stake in Five Below by 3.7% during 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 bought a new position in Five Below during the 2nd quarter valued at $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.