The Latest Breaking News from Five Below

Five Below (NASDAQ:FIVE) has observed the following analyst ratings within the last quarter:

Craig-Hallum has decided to maintain its Buy rating of Five Below (NASDAQ:FIVE) and lower its price target from $230.00 to $190.00. Shares of Five Below are trading down 3.59% over the last 24 hours, at $130.51 per share.

Over the past 3 months, 8 analysts have published their opinion on Five Below (NASDAQ:FIVE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Five Below (NASDAQ:FIVE) has outperformed the market over the past 5 years by 16.67% on an annualized basis producing an average annual return of 29.59%. Currently, Five Below has a market capitalization of $9.85 billion.

Five Below (NASDAQ:FIVE) has outperformed the market over the past 5 years by 15.87% on an annualized basis producing an average annual return of 30.07%. Currently, Five Below has a market capitalization of $9.03 billion.

Upgrades

According to Benzinga Pro, during Q4, Five Below (NASDAQ:FIVE) earned $140.20 million, a 479.87% increase from the preceding quarter. Five Below also posted a total of $996.33 million in sales, a 63.97% increase since Q3.

A discount retailer announced its fourth-quarter and full-year earnings results Wednesday before the market open. Also included in the earnings report: new plans to rapidly accelerate the company’s store count.

Five Below Inc (NASDAQ:FIVE) reported fourth-quarter FY21 sales growth of 16.1% year-on-year, to $996.33 million, missing the consensus of $1.01 billion. Comparable sales increased by 3.4% versus last year. The gross profit rose by 16.4% Y/Y to $396.8 million with a margin of 39.8%. The operating margin was 18.8%, and operating income for…