Five Below Inc (NASDAQ: FIVE) – Time For Strategy Change?

Five Below Inc (NASDAQ:FIVE) currently has a daily average trading volume of 904.02K but it saw 1099766 shares traded in last market. With a market cap of 7.84B USD, the company’s current market price of $141.93 came falling about -3.01 while comparing to the previous closing price of $146.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $216.18 and as low as $144.57.

Taking a look at 20-day trading activity of Five Below Inc (FIVE) gives us an average price of $153.26, while its current price level is -34.35% below from 52-week high level whereas it is -1.83% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $177.81 while that of 200 days or SMA-200 reads an average of $182.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.47% during that period while stretching the period over a month that increases to 2.77%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 24.88 which implies that the stock is in oversold territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Overweight” in its note to investors issued on April 25, 2024, recommending a price target of $180 for it. JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on April 23, 2024 while assigning a price target of $170. Gordon Haskett issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $210 and $200.

Over the week, FIVE’s stock price is moving -4.45% down while it is -17.06% when we observe its performance for the past one month. Year-to-date it is -33.42% down and over the past year, the stock is showing a downside performance of -27.88%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.67 beat the consensus estimate of 0.63 for the same. In next quarter, company is expected to be making quarterly sales of $886.71M as analysts are expecting the sales for current fiscal year at $4.04B and seeing the company making $4.69B in sales next year. Moreover, analysts are in estimates of $836.97M for current-quarter revenue.

Currently, Five Below Inc’s total number of outstanding shares is 55.20M. Company’s return on investment (ROI) stands at 9.77% and return on equity (ROE) at 20.44%. It has a price to earnings ratio (P/E ratio) of 26.15 while having a 19.78 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 4.94 while price to sale or P/S ratio amounts to 2.20. Its return on asset (ROA) is 7.46% on average.