Mizuho Issues Positive Forecast for Five Below (NASDAQ:FIVE) Stock Price

Five Below (NASDAQ:FIVE - Get Free Report) had its price objective boosted by equities researchers at Mizuho from $90.00 to $105.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a "neutral" rating on the specialty retailer's stock. Mizuho's price objective points to a potential downside of 6.86% from the company's previous close.

Other analysts have also recently issued research reports about the company. StockNews.com upgraded Five Below from a "sell" rating to a "hold" rating in a report on Thursday. Truist Financial increased their price objective on shares of Five Below from $88.00 to $118.00 and gave the stock a "hold" rating in a report on Thursday. Bank of America downgraded shares of Five Below from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $98.00 to $75.00 in a research note on Wednesday, November 6th. Melius Research began coverage on shares of Five Below in a research note on Monday, September 23rd. They set a "hold" rating and a $100.00 price target on the stock. Finally, Citigroup boosted their price objective on shares of Five Below from $85.00 to $96.00 and gave the stock a "neutral" rating in a research report on Monday, December 2nd. Two research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $116.15.

Five Below Stock Down 2.8 %

NASDAQ:FIVE traded down $3.24 on Friday, reaching $112.73. The stock had a trading volume of 2,392,844 shares, compared to its average volume of 1,961,010. The company has a market capitalization of $6.20 billion, a P/E ratio of 23.24, a price-to-earnings-growth ratio of 1.16 and a beta of 1.18. Five Below has a 1-year low of $64.87 and a 1-year high of $216.18. The stock has a fifty day moving average price of $91.79 and a 200-day moving average price of $94.63.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.16 by $0.26. The business had revenue of $843.71 million for the quarter, compared to the consensus estimate of $801.48 million. Five Below had a return on equity of 18.10% and a net margin of 7.02%. Five Below's revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 EPS. Sell-side analysts predict that Five Below will post 4.93 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Paladin Wealth LLC bought a new position in shares of Five Below during the third quarter worth $26,000. Brooklyn Investment Group acquired a new position in Five Below in the third quarter valued at about $30,000. Hobbs Group Advisors LLC bought a new stake in shares of Five Below in the second quarter worth about $44,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Five Below during the second quarter worth about $50,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Five Below during the 3rd quarter valued at about $42,000.

Five Below Company Profile

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.