Five Below Inc to Post Q1 2018 Earnings of $0.14 Per Share, KeyCorp Forecasts (FIVE)

Five Below Inc (NASDAQ:FIVE) – KeyCorp issued their Q1 2018 earnings estimates for shares of Five Below in a research note issued on Wednesday. KeyCorp analyst B. Thomas anticipates that the firm will post earnings of $0.14 per share for the quarter. KeyCorp also issued estimates for Five Below’s Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.12 EPS, Q4 2018 earnings at $1.10 EPS and FY2019 earnings at $1.90 EPS.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 22nd. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $388.10 million for the quarter, compared to analyst estimates of $387.63 million. Five Below had a net margin of 6.82% and a return on equity of 24.48%. The company’s revenue for the quarter was up 18.9% compared to the same quarter last year. During the same period last year, the firm posted $0.77 earnings per share.

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Earnings History and Estimates for Five Below (NASDAQ:FIVE)

Other equities analysts have also issued reports about the company. MKM Partners reissued a “buy” rating and set a $51.00 price target (down from $54.00) on shares of Five Below in a research report on Thursday. Jefferies Group LLC reissued a “buy” rating on shares of Five Below in a research report on Thursday. Barclays PLC reissued an “equal weight” rating and set a $42.00 price target on shares of Five Below in a research report on Tuesday, November 29th. Zacks Investment Research lowered Five Below from a “hold” rating to a “sell” rating in a research report on Wednesday, February 1st. Finally, Vetr lowered Five Below from a “strong-buy” rating to a “buy” rating and set a $46.08 price target on the stock. in a research report on Thursday. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $47.24.

Five Below (NASDAQ:FIVE) opened at 42.62 on Friday. Five Below has a 12 month low of $35.03 and a 12 month high of $52.70. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of 36.80 and a beta of 1.02. The stock’s 50 day moving average is $39.12 and its 200-day moving average is $39.70.

Several institutional investors have recently made changes to their positions in FIVE. Timpani Capital Management LLC raised its position in shares of Five Below by 311.0% in the third quarter. Timpani Capital Management LLC now owns 72,255 shares of the company’s stock worth $2,911,000 after buying an additional 54,676 shares during the last quarter. Comerica Bank raised its position in shares of Five Below by 5.6% in the fourth quarter. Comerica Bank now owns 58,835 shares of the company’s stock worth $2,428,000 after buying an additional 3,105 shares during the last quarter. BlackRock Fund Advisors raised its position in shares of Five Below by 8.3% in the third quarter. BlackRock Fund Advisors now owns 3,784,516 shares of the company’s stock worth $152,478,000 after buying an additional 290,305 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Five Below by 73,572.2% in the third quarter. Victory Capital Management Inc. now owns 1,465,341 shares of the company’s stock worth $59,038,000 after buying an additional 1,463,352 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Five Below by 45.8% in the third quarter. Wells Fargo & Company MN now owns 2,191,769 shares of the company’s stock worth $88,307,000 after buying an additional 688,359 shares during the last quarter.

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. The Company’s product groups include leisure, fashion and home, and party and snack.

5 Day Chart for NASDAQ:FIVE

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