In yesterday’s Wall Street session, Five Below Inc (NASDAQ:FIVE) shares traded at $75.75, down -0.98% from the previous session.
FIVE stock price is now -37.69% away from the 50-day moving average and -54.68% away from the 200-day moving average. The market capitalization of the company currently stands at $4.17B.
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With the price target reduced from $155 to $79, Deutsche Bank Downgraded its rating from Buy to Hold for Five Below Inc (NASDAQ: FIVE). , while ‘Truist’ rates the stock as ‘Hold’
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 $25.28 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 $7.55 million. A total of 2.09% of the company’s stock is owned by insiders.
During the past 12 months, Five Below Inc has had a low of $76.16 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 $5640186880, which is based on a 14.23 price-to-earnings ratio, a 1.16 price-to-earnings-growth ratio, and a beta of 1.17. The fifty day moving average price for FIVE is $118.6186 and a two-hundred day moving average price translates $167.0313 for the stock.
The latest earnings results from Five Below Inc (NASDAQ: FIVE) was released for 2024-05-04. The net profit margin was 8.10% and return on equity was 19.86% for FIVE. The company reported revenue of $811.86 million for the quarter, compared to $726.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.79 percent.
