Five Below (NASDAQ:FIVE) Issues Q1 Earnings Guidance

Five Below (NASDAQ:FIVE - Get Free Report) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.50-$0.61 for the period, compared to the consensus earnings per share estimate of $0.48. The company issued revenue guidance of $905-$925 million, compared to the consensus revenue estimate of $897.14 million. Five Below also updated its FY 2025 guidance to 4.100-4.720 EPS.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Bank of America cut their price target on shares of Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a report on Thursday. Truist Financial cut their price target on shares of Five Below from $93.00 to $86.00 and set a "hold" rating on the stock in a report on Thursday. Wells Fargo & Company boosted their price target on shares of Five Below from $115.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday, December 5th. William Blair reissued a "market perform" rating on shares of Five Below in a report on Monday, December 2nd. Finally, Craig Hallum boosted their price target on shares of Five Below from $125.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Five Below has a consensus rating of "Hold" and a consensus target price of $102.16.

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Five Below Price Performance

Shares of FIVE traded up $0.13 during midday trading on Friday, hitting $76.24. 2,593,591 shares of the company traded hands, compared to its average volume of 1,762,197. The stock has a 50-day moving average of $87.76 and a 200-day moving average of $92.63. Five Below has a one year low of $64.87 and a one year high of $185.48. The firm has a market cap of $4.19 billion, a P/E ratio of 15.72, a PEG ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.38 billion. During the same period in the prior year, the business posted $3.65 earnings per share. The company's revenue was up 4.0% on a year-over-year basis. Sell-side analysts forecast that Five Below will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Eric M. Specter sold 5,494 shares of the company's stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.90% of the stock is owned by company insiders.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.