Five Below - FIVE Stock Forecast, Price & News

Five Below, Inc. operates as a specialty value retailer in the United States. It offers accessories, including socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room. The company also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, collectibles, and toys covering remote control; and pool, beach, and outdoor toys, as well as games and accessories. In addition, it offers accessories for cell phones, tablets, audio, and computers, such as cases, chargers, headphones, and other items; books, video games, and DVDs; craft activity kits; arts and crafts supplies, such as crayons, markers, and stickers; and trend-right items for school comprising backpacks, fashion notebooks and journals, novelty pens and pencils, locker accessories, and everyday name brand items. Further, the company provides party goods, decorations, gag gifts, and greeting cards, as well as every day and special occasion merchandise products; assortment of classic and novelty candy bars, movie-size box candy, seasonal-related candy, and gum and snack food; chilled drinks through coolers; and seasonally-specific items used to celebrate and decorate for events. It primarily serves tween and teen customers. As of January 29, 2022, the company operated approximately 1,190 stores in 40 states. The company was formerly known as Cheap Holdings, Inc. and changed its name to Five Below, Inc. in August 2002. Five Below, Inc. was incorporated in 2002 and is headquartered in Philadelphia, Pennsylvania.

Wall Street Analysts Forecast Growth

FIVE has been the subject of several research analyst reports. Morgan Stanley cut their target price on shares of Five Below from $150.00 to $140.00 and set an "overweight" rating for the company in a research note on Wednesday, July 20th. Guggenheim dropped their price objective on shares of Five Below from $250.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday, June 9th. MKM Partners assumed coverage on shares of Five Below in a research note on Thursday, July 28th. They issued a "neutral" rating and a $115.00 price objective for the company. Wells Fargo & Company dropped their price objective on shares of Five Below from $240.00 to $160.00 and set an "overweight" rating for the company in a research note on Thursday, June 9th. Finally, StockNews.com cut shares of Five Below from a "hold" rating to a "sell" rating in a research note on Friday, June 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $182.32.

Five Below Stock Up 0.7 %

FIVE traded up $0.97 on Thursday, reaching $137.62. 5,889 shares of the company traded hands, compared to its average volume of 796,444. Five Below has a one year low of $109.49 and a one year high of $237.86. The firm has a fifty day simple moving average of $124.69 and a two-hundred day simple moving average of $146.69. The company has a market cap of $7.64 billion, a P/E ratio of 29.32, a price-to-earnings-growth ratio of 1.39 and a beta of 1.33.

Five Below (NASDAQ:FIVE - Get Rating) last posted its quarterly earnings results on Wednesday, June 8th. The specialty retailer reported $0.59 EPS for the quarter, beating the consensus estimate of $0.58 by $0.01. Five Below had a net margin of 9.06% and a return on equity of 24.53%. The business had revenue of $639.60 million during the quarter, compared to analyst estimates of $652.73 million. During the same quarter in the previous year, the business posted $0.88 EPS. The company's quarterly revenue was up 7.0% compared to the same quarter last year. On average, equities analysts forecast that Five Below will post 4.89 earnings per share for the current year.