Five Below Inc (NASDAQ:FIVE) traded with an addition of $5.36 to close at $162.70on Friday, an upside of 3.41 percent. An average of 1,095,781 shares of common stock have been traded in the last five days. There was a gain of $14.58 in the past week, and it reached a new high 25 times over the past 12 months. The last 20 days have seen an average of 1,096,825 shares traded, while the 50-day average volume stands at 839,474.
FIVE stock has decreased by -11.07% in the last month. The company shares reached their 1-month lowest point of $144.57 on 09/26/23. With the stock rallying to its 52-week high on 04/12/23, shares of the company touched a low of $130.15 and a high of $220.19 in 52 weeks. It has reached a new high 17 times so far this year and lost -8.01% or -$14.41 in price. In spite of this, the price is down -26.11% from the 52-week high.
Insider Transactions
FIVE stock investors should be aware that Five Below Inc (FIVE) stock had its last reported insider trading activity 114 days ago on Sep 08. 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 33.40, which compares with the N/A for the broader industry. The stock’s beta is 1.23. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.79, the price-to-book (PB) ratio at 6.29, and the price-to-cash flow ratio at 62.28.
Financial Health
The quick ratio of Five Below Inc for the three months ended July 30 was 0.88, and the current ratio was 1.71, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.97 and a total debt to equity ratio of 1.12 for the quarter ending July 30. Its gross profit as reported stood at $1.1 billion compared to revenue of $3.08 billion.
Earnings Surprise
In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $46.84 million in the quarter, while revenues of $37.48 million were grew 11.74%. The analyst consensus anticipated Five Below Inc’s latest quarter earnings to come in at $0.83 per share, but it turned out to be $0.84, a 1.20% surprise. For the quarter, EBITDA amounted to $89.48 million. Shareholders own equity worth $55.69 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 28 September was 58.18%, suggesting the stock is Neutral, with historical volatility in this time frame at 39.69%.
As of today, FIVE’s price is $152.99 +9.86% or $14.58 from its 5-day moving average. FIVE is currently trading -5.53% lower than its 20-day SMA and -17.40% lower than its 100-day SMA. However, the stock’s current price level is -18.48% below the SMA50 and -8.34% below the SMA200.
The stochastic %K and %D were 64.49% and 39.27%, respectively, and the average true range (ATR) was 4.69. With the 14-day stochastic at 93.10% and the average true range at 4.71, the RSI (14) stands at 48.66%. The stock has reached 4.28 on the 9-day MACD Oscillator while the 14-day reading was at 1.73.
Analyst Ratings
Telsey Advisory Group reiterated its an Outperform rating on Five Below Inc (NASDAQ: FIVE), but raised their price target to $225, indicating a potential price increase of 27.69% for the stock. The consensus rating for Five Below Inc (FIVE) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell FIVE, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 18 others rate it as a “buy”.
What is FIVE’s price target for the next 12 months?
Analysts predict a range of price targets between $175.00 and $269.00, with a median target of $219.50. Taking a look at these predictions, the average price target given by analysts for Five Below Inc (FIVE) stock is $216.55.
