Five Below (NASDAQ:FIVE) Trading Down 5.8% - Here's What Happened

Key Points

• Five Below shares fell 5.8% during mid-day trading, reaching a price of $142.51 after closing at $151.31, with trading volume down 77% from average.
• Analysts have varied price targets for Five Below, with a range from $135.00 to $184.00, reflecting an average target of $143.56 and a consensus rating of "Hold."
• The company reported strong earnings with a 23.7% year-over-year revenue increase, while analysts expect 4.93 EPS for the current year.

Five Below, Inc. (NASDAQ:FIVE - Get Free Report)'s share price dropped 5.8% during mid-day trading on Tuesday . The stock traded as low as $143.44 and last traded at $142.51. Approximately 445,667 shares were traded during trading, a decline of 77% from the average daily volume of 1,916,178 shares. The stock had previously closed at $151.31.

Analysts Set New Price Targets

Several analysts have commented on FIVE shares. Citigroup lifted their target price on shares of Five Below from $142.00 to $152.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Guggenheim lifted their target price on shares of Five Below from $155.00 to $165.00 and gave the company a "buy" rating in a report on Friday, August 29th. UBS Group lifted their target price on shares of Five Below from $160.00 to $184.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Bank of America lifted their target price on shares of Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a report on Thursday, August 28th. Finally, Barclays set a $135.00 price objective on shares of Five Below in a report on Thursday, August 28th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $143.56.

Five Below Trading Down 4.5%

The stock has a market cap of $7.97 billion, a P/E ratio of 29.19, a PEG ratio of 2.24 and a beta of 1.09. The firm's 50-day simple moving average is $138.55 and its 200 day simple moving average is $108.06.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.61 by $0.20. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The firm had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $988.91 million. During the same quarter in the prior year, the firm earned $0.54 EPS. Five Below's quarterly revenue was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. On average, analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Activity

In other news, EVP Ronald James Masciantonio sold 818 shares of the firm's stock in a transaction on Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the transaction, the executive vice president owned 9,858 shares in the company, valued at approximately $1,443,309.78. This trade represents a 7.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider George Hill sold 1,500 shares of the firm's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $140.00, for a total transaction of $210,000.00. Following the transaction, the insider owned 42,672 shares in the company, valued at $5,974,080. This represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,518 shares of company stock worth $1,261,787. Company insiders own 1.90% of the company's stock.

Institutional Trading of Five Below

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Louisiana State Employees Retirement System boosted its position in shares of Five Below by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the specialty retailer's stock valued at $2,033,000 after acquiring an additional 100 shares in the last quarter. State of Michigan Retirement System boosted its position in shares of Five Below by 0.8% during the 2nd quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer's stock valued at $1,734,000 after acquiring an additional 100 shares in the last quarter. Lazard Asset Management LLC boosted its position in shares of Five Below by 7.9% during the 2nd quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer's stock valued at $213,000 after acquiring an additional 120 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Five Below by 2.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock valued at $501,000 after acquiring an additional 155 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in Five Below by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock valued at $482,000 after buying an additional 165 shares in the last quarter.

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.

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