Five Below (NASDAQ:FIVE) Price Target Raised to $246.00 at JPMorgan Chase & Co.

Five Below (NASDAQ:FIVE) had its target price increased by equities researchers at JPMorgan Chase & Co. from $210.00 to $246.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the specialty retailer’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 26.92% from the stock’s previous close.

Several other equities analysts have also recently issued reports on FIVE. Truist Financial set a $236.00 price objective on Five Below in a report on Wednesday, January 14th. Weiss Ratings restated a “hold (c)” rating on shares of Five Below in a research report on Wednesday, October 8th. UBS Group set a $255.00 price objective on shares of Five Below in a research note on Tuesday, January 13th. Telsey Advisory Group boosted their target price on shares of Five Below from $195.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, January 13th. Finally, Morgan Stanley lifted their price objective on shares of Five Below from $190.00 to $220.00 and gave the company an “equal weight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $198.60.

Five Below Price Performance

NASDAQ:FIVE traded down $2.87 during midday trading on Tuesday, hitting $193.82. The company’s stock had a trading volume of 371,578 shares, compared to its average volume of 1,242,674. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $205.22. The firm has a market cap of $10.69 billion, a P/E ratio of 34.81, a P/E/G ratio of 1.81 and a beta of 1.13. The firm’s 50 day moving average is $177.18 and its 200-day moving average is $156.79.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, beating the consensus estimate of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $971.96 million. During the same period in the prior year, the firm earned $0.42 EPS. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. As a group, analysts forecast that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, Director Kathleen S. Barclay sold 2,200 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the completion of the sale, the director owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. This trade represents a 19.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Maureen Marie Gellerman sold 544 shares of the business’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $174.38, for a total value of $94,862.72. Following the transaction, the insider directly owned 12,163 shares in the company, valued at $2,120,983.94. This trade represents a 4.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 50,769 shares of company stock worth $9,365,308 in the last ninety days. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Five Below in the 2nd quarter valued at about $110,834,000. Jennison Associates LLC increased its position in shares of Five Below by 397.5% during the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock valued at $126,777,000 after acquiring an additional 654,763 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Five Below by 149.0% during the third quarter. Wellington Management Group LLP now owns 848,105 shares of the specialty retailer’s stock valued at $131,202,000 after acquiring an additional 507,487 shares during the last quarter. Hudson Bay Capital Management LP raised its stake in shares of Five Below by 1,770.7% in the 2nd quarter. Hudson Bay Capital Management LP now owns 471,506 shares of the specialty retailer’s stock valued at $61,852,000 after acquiring an additional 446,301 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of Five Below by 31.1% in the 2nd 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 last quarter.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.