Five Below (FIVE) PT Lowered to $158 at Telsey
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Five Below (FIVE) PT Lowered to $200 at Jefferies
June 9, 2022 9:13 AM EDTJefferies analyst Randal Konik lowered the price target on Five Below (NASDAQ: FIVE) to $200.00 (from $250.00) while maintaining a Buy rating following earnings.
The analyst commented, "Well-managed costs allowed FIVE to deliver in-line margins and EPS despite softer sales and comps in 1Q.... More
Five Below Falls After Slashing Guidance, BofA Warns Another Cut May Be Needed
June 9, 2022 7:24 AM EDTShares of Five Below (NASDAQ: FIVE) are down more than 7% in premarket trading Thursday after the company slashed its full-year EPS guidance.
FIVE reported a Q1 EPS of 59c, compared to 88c in the year-ago period and in line with the consensus estimates. Net sales stood at $639.6 million in the period, up 7% YoY and missing the analyst consensus.
For Q2, FIVE expects EPS in the range of 74c to 86c, missing the... More
