Five Below Inc. (NASDAQ:FIVE) finished Thursday with an addition of $2.63 to close at $177.73, an upside of 1.50 percent. An average of 732,276 shares of common stock have been traded in the last five days. There was a fall of -$17.00 in the past week, and it reached a new high 30 times over the past 12 months. The last 20 days have seen an average of 536,769 shares traded, while the 50-day average volume stands at 517,784.
FIVE stock has decreased by -11.26% in the last month. The company shares reached their 1-month lowest point of $173.88 on 08/24/23. With the stock rallying to its 52-week high on 04/12/23, shares of the company touched a low of $123.55 and a high of $220.19 in 52 weeks. It has reached a new high 17 times so far this year and achieved 0.49% or $0.38 in price. In spite of this, the price is down -19.28% from the 52-week high.
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Insider Transactions
FIVE stock investors should be aware that Five Below Inc. (FIVE) stock had its last reported insider trading activity 79 days ago on Jun 07. In this transaction, the insider spent $10,617. Director, Vellios Thomas, disposed of 20,000 shares at a price of $219.15 on Apr 11. The insider now owns more than $4,383,000 worth of shares. Prior to that, President & CEO Anderson Joel D went on to Sale 13,653 shares at $218.97 each on Apr 11. An amount of $2,989,582 was transacted.
Valuation Metrics
Five Below Inc. (FIVE) has a trailing price-to-earnings (P/E) ratio of 37.23. The stock’s beta is 1.22. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.05, the price-to-book (PB) ratio at 7.13, and the price-to-cash flow ratio at 80.88.
Financial Health
The quick ratio of Five Below Inc. for the three months ended April 29 was 0.90, and the current ratio was 1.80, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending April 29. Its gross profit as reported stood at $1.1 billion compared to revenue of $3.08 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Five Below Inc.’s return on assets was 8.20%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $37.48 million in the quarter, while revenues of $171.32 million were grew 12.7%. The analyst consensus anticipated Five Below Inc.’s latest quarter earnings to come in at $0.63 per share, but it turned out to be $0.67, a 6.30% surprise. For the quarter, EBITDA amounted to $71.6 million. Shareholders own equity worth $55.66 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Five Below Inc. (FIVE) price momentum. RSI 9-day as of the close on 24 August was 27.11%, suggesting the stock is oversold, with historical volatility in this time frame at 42.16%.
As of today, FIVE’s price is $183.98 -8.75% or -$17.00 from its 5-day moving average. FIVE is currently trading -14.56% lower than its 20-day SMA and -15.62% lower than its 100-day SMA. However, the stock’s current price level is -7.37% below the SMA50 and +19.26% above the SMA200.
The stochastic %K and %D were 11.79% and 15.05%, respectively, and the average true range (ATR) was 5.92. With the 14-day stochastic at 13.78% and the average true range at 5.58, the RSI (14) stands at 31.83%. The stock has reached -8.39 on the 9-day MACD Oscillator while the 14-day reading was at -10.58.
Analyst Ratings
ROTH MKM upgraded Five Below Inc. (NASDAQ: FIVE) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral.
