Five Below (NASDAQ:FIVE) issues FY25 earnings guidance

Five Below (NASDAQ: FIVE – Get Your Free Report ) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided an EPS estimate of $4.35-$4.71 for the period, compared to the consensus estimate of $4.71. The company issued a revenue estimate of $3.73 billion to $3.80 billion, compared to the consensus revenue estimate of $3.78 billion. Five Below also upgraded its FY 2024 guidance to 4,350-4,710 EPS.

Five below trade down 0.9%

NASDAQ:FIVE 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 stock has a market cap of $4.31 billion, a price-to-earnings ratio of 14.71, a PEG ratio of 0.87 and a beta of 1.19. The stock has a 50-day moving average of $85.82 and a two-hundred-day moving average of $134.75.

Five Below (NASDAQ:FIVE – Get Your Free Report ) last posted its earnings results on Wednesday, June 5th. The specialty retailer reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02). Five Below had a net margin of 8.10% and a return on equity of 19.82%. The business had revenue of $811.86 million during the quarter, compared to analyst estimates of $834.29 million. In the same period last year, the firm posted earnings per share of $0.67. The company’s revenue increased by 11.8% year-on-year. sell-side analysts predict that Five Below will post 4.89 earnings per share for the current year.

Analyst upgrades and downgrades

A number of research analysts have issued reports on FIVE shares. JPMorgan Chase & Co. boosted their price target on Five Below from $86.00 to $89.00 and gave the company a neutral rating in a research note on Thursday. William Blair lowered Five Below from an outperform rating to a market perform rating in a report on Wednesday, July 17th. KeyCorp cut their price target on Five Below from $115.00 to $106.00 and set an overweight rating on the stock in a report on Thursday. Craig Hallum upgraded Five Below from a hold rating to a buy rating and cut their price target for the company from $108.00 to $102.00 in a report on Thursday. Finally, Morgan Stanley lowered Five Below from an overweight rating to an equal weight rating and decreased their price target for the company from $160.00 to $100.00 in a report on Wednesday, May 17 July. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $109.63, according to MarketBeat.

Check out the latest stock report on five below

Five below the company profile

(Get a free report)

Five Below, Inc operates as a specialty retailer in the United States. The company offers a range of accessories including novelty socks, sunglasses, jewellery, scarves, gloves, hair accessories, athletic tops and bottoms and t-shirts, as well as branded nail polish, lip gloss, perfume and cosmetics ; and custom living space products such as lamps, posters, frames, wool blankets, plush, pillows, candles, incense, lighting, new decor, accent furniture and related items, as well as offering storage options.

Recommended articles

Get news and reviews for Five Below Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Five Below and related companies with MarketBeat.com’s FREE daily email newsletter.