Five Below (FIVE) down 12% as both Q4 results and guidance come short

Go back to Five Below (FIVE) down 12% as both Q4 results and guidance come short

Five Below (FIVE) PT Lowered to $210 at Citi

March 21, 2024 6:41 AM EDT

Citi analyst Paul Lejuez lowered the price target on Five Below (NASDAQ: FIVE) to $210.00 (from $227.00) while maintaining a Buy rating.

The analyst comments "4Q EPS $3.65 were below consensus $3.78 driven by lower GM vs cons due to higher expected shrink. After completing... More

Five Below (FIVE) PT Lowered to $220 at Telsey

March 21, 2024 5:08 AM EDT

Telsey analyst Joseph Feldman lowered the price target on Five Below (NASDAQ: FIVE) to $220.00 (from $230.00) while maintaining a Outperform rating.

The analyst comments "Five Belows 4Q23 earnings and guidance for 1Q24 and 2024 missed expectations, primarily due to higher-than-anticipated pressure from shrink. Like many retailers in our coverage, including Dollar General (DG; Outperform; PT=$170) and Target (TGT; Outperform; PT=$195), Five Below experienced higher shrink, especially... More

Five Below (FIVE) PT Lowered to $204 at Truist Securities

March 21, 2024 4:58 AM EDT

Truist Securities analyst Scot Ciccarelli lowered the price target on Five Below (NASDAQ: FIVE) to $204.00 (from $214.00) while maintaining a Buy rating.

The analyst comments "4Q comps were in-line with our revised forecast, driven by transactions/Five Beyond formats. However, EPS were below, as... More

Five Below (FIVE) PT Lowered to $215 at JPMorgan

March 21, 2024 4:08 AM EDT

JPMorgan analyst Matthew Boss lowered the price target on Five Below (NASDAQ: FIVE) to $215.00 (from $222.00) while maintaining a Overweight rating.

The analyst comments "FIVE reported 4Q EPS of $3.65 (below mgmts 1/8 ~$3.72-$3.80 guide) with +3.1% same-store-sales more/less in-line and the miss... More