Oppenheimer analyst Brian Nagel reiterated a Buy rating on Five Below (NASDAQ:FIVE) Inc on Friday, setting a price target of $195, which is approximately 19.16% above the present share price of $163.65.
Nagel expects Five Below Inc to post earnings per share (EPS) of $0.37 for the fourth quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Five Below, with an average price target of $171.07.
The analysts price targets range from a high of $197 to a low of $127.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $476.61 million and a net profit of $24.25 million. The company's market cap is $9.03 billion.
According to TipRanks.com, Oppenheimer analyst Brian Nagel is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.4% and a 78.30% success rate.
Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.