The stock of Five Below Inc (NASDAQ:FIVE) last traded at $118.72, down -10.60% from the previous session.
FIVE stock price is now -20.21% away from the 50-day moving average and -32.17% away from the 200-day moving average. The market capitalization of the company currently stands at $6.55B.
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With the price target reduced from $220 to $155, Telsey Advisory Group maintained Outperform rating for Five Below Inc (NASDAQ: FIVE). On April 25, 2024, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $180, while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Vellios Thomas, Director sold 10,000 shares of the company’s stock on Jan 19 ’24. The stock was sold for $1,858,225 at an average price of $185.82. Upon completion of the transaction, the Director now directly owns 333,697 shares in the company, valued at $39.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 08 ’23, President & CEO Anderson Joel D bought 3,100 shares of the business’s stock. A total of $500,650 was incurred on buying the stock at an average price of $161.50. This leaves the insider owning 99,656 shares of the company worth $11.83 million. A total of 2.65% of the company’s stock is owned by insiders.
During the past 12 months, Five Below Inc has had a low of $128.64 and a high of $216.18. As of last week, the company has a debt-to-equity ratio of 1.16, a current ratio of 1.55, and a quick ratio of 0.70. According to the stock market information, the enterprise value for the company is $7835976704, which is based on a 22.30 price-to-earnings ratio, a 1.28 price-to-earnings-growth ratio, and a beta of 1.22. The fifty day moving average price for FIVE is $147.597 and a two-hundred day moving average price translates $174.6436 for the stock.
The latest earnings results from Five Below Inc (NASDAQ: FIVE) was released for 2024-02-03. According to the Specialty Retail Company, earnings per share came in at 0.84, beating analysts’ expectations of 0.83 by 0.01. This compares to $3.07 EPS in the same period last year. The net profit margin was 8.10% and return on equity was 19.86% for FIVE. The company reported revenue of $1.34 billion for the quarter, compared to $1.12 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.15 percent. For the current quarter, analysts expect FIVE to generate $882.83M in revenue.
