How Worried Should Investors Be About Five Below Inc (NASDAQ: FIVE)’

Five Below Inc (NASDAQ:FIVE) does about 1.23M shares in volume on a normal day but saw 3316004 shares change hands in Friday’s trading. The company now has a market cap of 6.53B USD. Its current market price is $118.49, marking a decrease of -0.19% compared to the previous close of $118.72. The 52 week high reached by this stock is $216.18 whilst the lowest price level in 52 weeks is $106.21.

Five Below Inc (FIVE) has a 20-day trading average at $134.32 and the current price is -45.19% off the 52-week high compared with 11.57% distance from its 52-week low. The 50-day simple moving average of the closing price is $146.29 and its 200-day simple moving average is $174.30. If we look at the stock’s price movements over the week, volatility stands at 5.86%, which decreases to 3.33% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 26.34 to suggest the stock is oversold.

The consensus objective for the share price is $161.42, suggesting that the stock has a potential upside of 26.6% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on June 06, 2024 when Telsey Advisory Group reiterated the stock to “Outperform” and issued a price target of between $220 and $155. Wells Fargo upgraded the stock to “Overweight” from Equal Weight on April 25, 2024 at a price target of $180. JP Morgan downgraded its price target at $170.

Five Below Inc (FIVE) stock is down -14.22% over the week and -16.62% over the past month. Its price is -44.41% year-to-date and -37.36% over the past year.

To reach the target analysts have set, the stock logically needs to grow 26.6 percent from here.

The company has a return on investment of 9.43% and return on equity of 19.86%. The price to earnings ratio (P/E ratio) amounts to 22.26 while the forward price to earnings ratio is 18.89. The beta has a value of 1.22. Price to book ratio is 4.12 and price to sales ratio is 1.79.