Five Below (NASDAQ:FIVE) Issues Q4 2024 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its fourth quarter 2024 earnings guidance on Friday morning. The company provided EPS guidance of 3.230-3.410 for the period, compared to the consensus EPS estimate of 3.380. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. Five Below also updated its FY 2024 guidance to 4.780-4.960 EPS.

Analyst Ratings Changes

Several brokerages recently issued reports on FIVE. Telsey Advisory Group reiterated a “market perform” rating and issued a $115.00 target price on shares of Five Below in a research note on Tuesday, January 14th. Truist Financial boosted their price target on Five Below from $88.00 to $118.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. StockNews.com downgraded Five Below from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. William Blair restated a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Finally, Citigroup upped their target price on Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a research report on Monday, December 2nd. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $115.75.

Five Below Stock Down 0.7 %

NASDAQ FIVE opened at $92.10 on Friday. The business’s fifty day simple moving average is $99.60 and its 200-day simple moving average is $90.36. The firm has a market cap of $5.07 billion, a PE ratio of 18.99, a P/E/G ratio of 1.31 and a beta of 1.14. Five Below has a 52 week low of $64.87 and a 52 week high of $212.01.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.26. The company had revenue of $843.71 million for the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. Five Below’s quarterly revenue was up 14.6% on a year-over-year basis. During the same period last year, the firm earned $0.26 earnings per share. Research analysts expect that Five Below will post 4.93 EPS for the current year.

Insider Buying and Selling at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the transaction, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.90% of the stock is currently owned by insiders.

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.