Alert: Major Price Decline (3/21/24)-Five Below Inc (NASDAQ: FIVE).

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On 3/21/24, Five Below Inc (NASDAQ: FIVE) stock suffered a major decline of -15.4%, closing at $176.79. Moreover, exceptionally high trading volume at 543% of normal accompanied the decline. The stock has declined -14.4% during the last week but has been strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, FIVE is expected to continue to be an important Value Builder.

Five Below has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Five Below has a poor Appreciation Score of 26 but a slightly positive Power Rating of 69, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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