Equities analysts expect Five Below Inc (NASDAQ:FIVE) to report $498.87 million in sales for the current quarter, according to Zacks. Four analysts have made estimates for Five Below’s earnings. The lowest sales estimate is $497.30 million and the highest is $500.60 million. Five Below reported sales of $388.09 million in the same quarter last year, which would suggest a positive year over year growth rate of 28.5%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, March 28th.
According to Zacks, analysts expect that Five Below will report full-year sales of $498.87 million for the current year, with estimates ranging from $1.24 billion to $1.28 billion. For the next year, analysts expect that the firm will post sales of $1.51 billion per share, with estimates ranging from $1.47 billion to $1.53 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that follow Five Below.
Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. The company had revenue of $257.18 million during the quarter, compared to the consensus estimate of $246.04 million. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 EPS.
FIVE has been the subject of several recent analyst reports. Zacks Investment Research downgraded Five Below from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. MKM Partners increased their price objective on Five Below from $59.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, November 28th. Deutsche Bank raised Five Below from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Wednesday. Jefferies Group increased their price objective on Five Below from $62.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, November 29th. Finally, Barclays reaffirmed a “hold” rating and set a $60.00 price target on shares of Five Below in a report on Sunday, December 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $62.29.
Five Below (FIVE) traded down $0.27 during midday trading on Wednesday, hitting $72.37. The stock had a trading volume of 1,271,316 shares, compared to its average volume of 1,280,000. The firm has a market cap of $3,980.00, a P/E ratio of 47.30, a PEG ratio of 1.53 and a beta of 0.84. Five Below has a 12 month low of $37.14 and a 12 month high of $73.55.
In other Five Below news, Director Ronald Sargent sold 80,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the completion of the sale, the director now owns 29,429 shares of the company’s stock, valued at approximately $1,930,248.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric M. Specter sold 15,000 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $67.08, for a total value of $1,006,200.00. Following the transaction, the insider now owns 13,883 shares in the company, valued at approximately $931,271.64. The disclosure for this sale can be found here. Insiders have sold a total of 143,400 shares of company stock valued at $9,474,401 in the last ninety days. Insiders own 3.22% of the company’s stock.
Hedge funds have recently bought and sold shares of the business. Everence Capital Management Inc. bought a new position in Five Below during the 3rd quarter worth $215,000. Montag & Caldwell LLC bought a new position in Five Below during the 3rd quarter worth $217,000. Raymond James Trust N.A. bought a new position in Five Below during the 2nd quarter worth $205,000. Miles Capital Inc. bought a new position in Five Below during the 2nd quarter worth $210,000. Finally, Riverhead Capital Management LLC increased its position in Five Below by 73.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,329 shares of the specialty retailer’s stock worth $214,000 after buying an additional 1,829 shares during the period.
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Five Below Company Profile
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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