Equities research analysts expect that Five Below Inc (NASDAQ:FIVE) will post earnings of $1.17 per share for the current quarter, according to Zacks. Three analysts have issued estimates for Five Below’s earnings. The highest EPS estimate is $1.19 and the lowest is $1.14. Five Below posted earnings of $0.90 per share during the same quarter last year, which would indicate a positive year over year growth rate of 30%. The firm is scheduled to report its next earnings results on Wednesday, March 28th.
On average, analysts expect that Five Below will report full-year earnings of $1.81 per share for the current fiscal year, with EPS estimates ranging from $1.77 to $1.88. For the next year, analysts expect that the company will report earnings of $2.45 per share, with EPS estimates ranging from $2.30 to $2.58. Zacks’ EPS averages are an average based on a survey of sell-side research firms that follow Five Below.
Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The business had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The business’s revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.10 EPS.
Several equities research analysts recently weighed in on FIVE shares. Morgan Stanley upped their target price on shares of Five Below from $54.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 27th. Jefferies Group reaffirmed a “buy” rating and set a $85.00 target price on shares of Five Below in a research note on Monday, January 8th. KeyCorp reaffirmed a “hold” rating on shares of Five Below in a research note on Friday, November 10th. Zacks Investment Research downgraded shares of Five Below from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, BidaskClub raised shares of Five Below from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $64.97.
Shares of Five Below (FIVE) traded down $1.51 on Wednesday, reaching $65.41. 1,128,700 shares of the company traded hands, compared to its average volume of 1,099,489. Five Below has a 1 year low of $37.14 and a 1 year high of $73.55. The stock has a market cap of $3,700.00, a P/E ratio of 44.38, a P/E/G ratio of 0.95 and a beta of 0.67.
In other news, Director Ronald Sargent sold 80,000 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $65.59, for a total value of $5,247,200.00. Following the completion of the transaction, the director now owns 29,429 shares in the company, valued at approximately $1,930,248.11. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Eric M. Specter sold 15,000 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $67.08, for a total transaction of $1,006,200.00. Following the completion of the transaction, the insider now owns 13,883 shares of the company’s stock, valued at approximately $931,271.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 143,400 shares of company stock valued at $9,474,401. Company insiders own 2.92% of the company’s stock.
Several institutional investors have recently modified their holdings of the company. Stifel Financial Corp boosted its holdings in shares of Five Below by 1.4% in the 2nd quarter. Stifel Financial Corp now owns 15,614 shares of the specialty retailer’s stock valued at $765,000 after buying an additional 214 shares in the last quarter. Raymond James Trust N.A. boosted its stake in Five Below by 21.9% during the 3rd quarter. Raymond James Trust N.A. now owns 5,061 shares of the specialty retailer’s stock worth $277,000 after purchasing an additional 908 shares during the period. Kornitzer Capital Management Inc. KS boosted its stake in Five Below by 0.4% during the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 207,515 shares of the specialty retailer’s stock worth $11,388,000 after purchasing an additional 925 shares during the period. Ladenburg Thalmann Financial Services Inc. boosted its stake in Five Below by 20.4% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,488 shares of the specialty retailer’s stock worth $365,000 after purchasing an additional 930 shares during the period. Finally, LS Investment Advisors LLC boosted its stake in Five Below by 19.8% during the 3rd quarter. LS Investment Advisors LLC now owns 5,671 shares of the specialty retailer’s stock worth $311,000 after purchasing an additional 939 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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