Five Below Inc (NASDAQ: FIVE) – Not A Clear Buying Opportunity?

Five Below Inc (FIVE) concluded trading on Thursday at a closing price of $176.79, with 3.86 million shares of worth about $681.96 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 14.23% during that period and on March 21, 2024 the price saw a loss of about -15.40%. Currently the company’s common shares owned by public are about 55.54M shares, out of which, 53.75M shares are available for trading.

Stock saw a price change of -12.28% in past 5 days and over the past one month there was a price change of -6.79%. Year-to-date (YTD), FIVE shares are showing a performance of -17.06% which decreased to -11.42% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $144.57 but also hit the highest price of $220.19 during that period. The average intraday trading volume for Five Below Inc shares is 673.14K. The stock is currently trading -12.83% below its 20-day simple moving average (SMA20), while that difference is down -8.58% for SMA50 and it goes to -5.55% lower than SMA200.

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Five Below Inc (NASDAQ: FIVE) currently have 55.54M outstanding shares and institutions hold larger chunk of about 108.89% of that.

The stock has a current market capitalization of $9.76B and its 3Y-monthly beta is at 1.21. PE ratio of stock for trailing 12 months is 32.60, while it has posted earnings per share of $5.42 in the same period. Its PEG reads 1.69 and has Quick Ratio of 0.86 while making debt-to-equity ratio of 1.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FIVE, volatility over the week remained 3.31% while standing at 2.63% over the month.

Analysts are in expectations that Five Below Inc (FIVE) stock would likely to be making an EPS of $0.76 in the current quarter, while forecast for next quarter EPS is $1.04 and it is $7.69 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.7 which is $0.83 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.67 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 12.68% while it is estimated to increase by 19.03% in next year. EPS is likely to grow at an annualized rate of 19.33% for next 5-years, compared to annual growth of 15.24% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Telsey Advisory Group on Mar-22-24 offering an Outperform rating for the stock and assigned a target price range of between $230 and $220 to it. Coverage by Mizuho stated Five Below Inc (FIVE) stock as a Buy in their note to investors on March 19, 2024, suggesting a price target of $225 for the stock. On January 30, 2024, Oppenheimer Downgrade their recommendations, while on January 16, 2024, Craig Hallum Downgrade their ratings for the stock with a price target of $195. Stock get an Outperform rating from Telsey Advisory Group on January 09, 2024.

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