Five Below Inc (NASDAQ:FIVE) – Jefferies Group reduced their Q1 2018 EPS estimates for shares of Five Below in a research note issued on Thursday. Jefferies Group analyst D. Binder now expects that the brokerage will earn $0.13 per share for the quarter, down from their prior estimate of $0.14. Jefferies Group has a “Buy” rating and a $55.00 price objective on the stock. Jefferies Group also issued estimates for Five Below’s FY2019 earnings at $1.86 EPS, FY2020 earnings at $2.31 EPS, FY2021 earnings at $2.86 EPS and FY2022 earnings at $3.52 EPS.
Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, March 22nd. The company reported $0.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. The firm earned $388.10 million during the quarter, compared to analyst estimates of $387.63 million. Five Below had a return on equity of 24.48% and a net margin of 6.82%. The business’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.77 earnings per share.
Several other equities research analysts also recently commented on FIVE. Vetr downgraded shares of Five Below from a “buy” rating to a “hold” rating and set a $44.30 price objective for the company. in a research note on Wednesday, December 7th. MKM Partners reiterated a “buy” rating and set a $51.00 price objective (down from $54.00) on shares of Five Below in a research note on Thursday. Guggenheim reiterated a “buy” rating and set a $52.00 price objective on shares of Five Below in a research note on Monday, March 20th. Loop Capital assumed coverage on shares of Five Below in a research report on Wednesday, December 7th. They set a “buy” rating and a $54.00 target price for the company. Finally, Zacks Investment Research upgraded shares of Five Below from a “sell” rating to a “hold” rating in a research report on Wednesday, December 7th. Seven research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $47.24.
Five Below (NASDAQ:FIVE) opened at 42.62 on Friday. The stock has a market cap 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 price is $39.12 and its 200-day moving average price is $39.70. Five Below has a 12 month low of $35.03 and a 12 month high of $52.70.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Robeco Institutional Asset Management B.V. purchased a new position in shares of Five Below during the third quarter worth $108,000. Ladenburg Thalmann Financial Services Inc. increased its position in shares of Five Below by 12.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,864 shares of the company’s stock worth $114,000 after buying an additional 307 shares during the period. Flinton Capital Management LLC purchased a new position in shares of Five Below during the fourth quarter worth $116,000. Independent Advisor Alliance purchased a new position in shares of Five Below during the fourth quarter worth $120,000. Finally, Advisor Group Inc. increased its position in shares of Five Below by 6.0% in the third quarter. Advisor Group Inc. now owns 4,193 shares of the company’s stock worth $168,000 after buying an additional 238 shares during the period.
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. The Company’s product groups include leisure, fashion and home, and party and snack.
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