Five Below (NASDAQ:FIVE) Updates FY25 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $4.35-4.71 for the period, compared to the consensus earnings per share estimate of $4.71. The company issued revenue guidance of $3.73-3.80 billion, compared to the consensus revenue estimate of $3.78 billion. Five Below also updated its FY 2024 guidance to 4.350-4.710 EPS.

Five Below Trading Down 0.9 %

Five Below stock opened at $78.24 on Friday. Five Below has a 1-year low of $64.87 and a 1-year high of $216.18. The firm has a market capitalization of $4.31 billion, a price-to-earnings ratio of 14.71, a P/E/G ratio of 0.87 and a beta of 1.19. The firm has a 50 day simple moving average of $85.82 and a 200 day simple moving average of $134.75.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). The firm had revenue of $811.86 million for the quarter, compared to analysts’ expectations of $834.29 million. Five Below had a net margin of 8.10% and a return on equity of 19.82%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.67 earnings per share. On average, equities research analysts forecast that Five Below will post 4.89 EPS for the current year.

Analyst Ratings Changes

FIVE has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Five Below from a hold rating to a sell rating in a research report on Saturday, June 8th. KeyCorp reduced their price target on shares of Five Below from $115.00 to $106.00 and set an overweight rating for the company in a research report on Thursday. Telsey Advisory Group dropped their price objective on shares of Five Below from $120.00 to $102.00 and set an outperform rating for the company in a report on Thursday. Bank of America lifted their price objective on shares of Five Below from $75.00 to $87.00 and gave the stock a neutral rating in a report on Thursday. Finally, Wells Fargo & Company dropped their price objective on shares of Five Below from $145.00 to $115.00 and set an overweight rating for the company in a report on Wednesday, July 17th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Five Below currently has a consensus rating of Hold and a consensus target price of $109.63.

Five Below Company Profile

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.