Five Below Inc (NASDAQ:FIVE) – Analysts at KeyCorp upped their FY2018 earnings per share estimates for shares of Five Below in a research report issued on Thursday. KeyCorp analyst B. Thomas now expects that the specialty retailer will earn $1.79 per share for the year, up from their previous forecast of $1.66. KeyCorp has a “Hold” rating on the stock. KeyCorp also issued estimates for Five Below’s FY2019 earnings at $2.10 EPS.
A number of other analysts have also recently commented on the company. Barclays restated a “hold” rating and issued a $60.00 price objective on shares of Five Below in a research report on Sunday. Buckingham Research boosted their price objective on Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, December 1st. UBS boosted their price objective on Five Below from $52.00 to $64.00 and gave the company a “neutral” rating in a research report on Friday, December 1st. Royal Bank Of Canada boosted their price objective on Five Below to $67.00 and gave the company an “outperform” rating in a research report on Friday, December 1st. Finally, Gordon Haskett cut Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 price objective for the company. in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Five Below has an average rating of “Buy” and a consensus price target of $60.91.
Five Below (FIVE) traded up $1.39 during trading on Monday, hitting $65.53. The stock had a trading volume of 1,375,492 shares, compared to its average volume of 1,100,862. The stock has a market capitalization of $3,590.28, a PE ratio of 42.48, a PEG ratio of 1.38 and a beta of 0.85. Five Below has a 1-year low of $36.90 and a 1-year high of $66.00.
Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.05. The business had revenue of $257.18 million during the quarter, compared to analysts’ expectations of $246.04 million. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The business’s revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.10 earnings per share.
In other Five Below news, insider Thomas Vellios sold 142,573 shares of the business’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $55.13, for a total transaction of $7,860,049.49. Following the transaction, the insider now owns 757,823 shares of the company’s stock, valued at $41,778,781.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.92% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Mercantile Trust Co. boosted its stake in Five Below by 1.7% during the second quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock worth $116,000 after buying an additional 40 shares during the last quarter. Everence Capital Management Inc. acquired a new position in Five Below during the third quarter worth $215,000. Montag & Caldwell LLC acquired a new position in Five Below during the third quarter worth $217,000. Raymond James Trust N.A. acquired a new position in Five Below during the second quarter worth $205,000. Finally, Strs Ohio boosted its stake in Five Below by 40.0% during the second quarter. Strs Ohio now owns 4,200 shares of the specialty retailer’s stock worth $207,000 after buying an additional 1,200 shares during the last quarter.
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About Five Below
Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.
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