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.

Analysts Set New Price Targets

A number of brokerages have issued reports on FIVE. Evercore ISI lowered their price objective on Five Below to $145.00 in a research note on Thursday, June 9th. Telsey Advisory Group cut their price objective on shares of Five Below from $175.00 to $158.00 and set an "outperform" rating on the stock in a research report on Thursday, June 9th. Citigroup decreased their target price on shares of Five Below from $205.00 to $187.00 and set a "buy" rating for the company in a report on Thursday, June 9th. TheStreet lowered shares of Five Below from a "b-" rating to a "c+" rating in a report on Thursday, June 9th. Finally, Berenberg Bank started coverage on Five Below in a research note on Tuesday, April 19th. They set a "hold" rating and a $181.00 target price on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, Five Below has a consensus rating of "Moderate Buy" and an average target price of $182.32.

Five Below Trading Down 1.6 %

Five Below stock traded down $2.38 during trading on Wednesday, reaching $145.00. The company had a trading volume of 21,788 shares, compared to its average volume of 809,274. The firm's 50-day simple moving average is $125.41 and its 200 day simple moving average is $146.06. Five Below has a 52 week low of $109.49 and a 52 week high of $237.86. The firm has a market capitalization of $8.05 billion, a price-to-earnings ratio of 31.63, a price-to-earnings-growth ratio of 1.43 and a beta of 1.33.

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