Analysts Set Expectations for Five Below Inc’s FY2018 Earnings (FIVE)

Five Below Inc (NASDAQ:FIVE) – Research analysts at Dougherty & Co lifted their FY2018 earnings estimates for Five Below in a note issued to investors on Wednesday. Dougherty & Co analyst J. Hamblin now expects that the specialty retailer will post earnings per share of $1.77 for the year, up from their previous estimate of $1.76. Dougherty & Co has a “Buy” rating and a $82.00 price target on the stock. Dougherty & Co also issued estimates for Five Below’s Q4 2018 earnings at $1.14 EPS.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The firm had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. During the same quarter in the previous year, the firm earned $0.10 EPS. The company’s quarterly revenue was up 28.9% compared to the same quarter last year.

A number of other research analysts also recently issued reports on the stock. Jefferies Group reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Five Below in a research report on Monday, January 8th. MKM Partners lifted their price objective on shares of Five Below to $75.00 and gave the stock a “buy” rating in a research report on Thursday, January 4th. Deutsche Bank raised shares of Five Below from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Wednesday, January 3rd. Morgan Stanley lifted their price objective on shares of Five Below from $54.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 27th. Finally, BidaskClub raised shares of Five Below from a “buy” rating to a “strong-buy” rating in a research report on Thursday, December 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $64.33.

Five Below (NASDAQ FIVE) opened at $66.93 on Friday. Five Below has a 12-month low of $37.14 and a 12-month high of $73.55. The stock has a market cap of $3,700.00, a P/E ratio of 43.75, a PEG ratio of 1.33 and a beta of 0.84.

A number of large investors have recently added to or reduced their stakes in FIVE. Raymond James Trust N.A. purchased a new stake in Five Below during the 2nd quarter worth approximately $205,000. Miles Capital Inc. acquired a new stake in Five Below during the 2nd quarter valued at approximately $210,000. Riverhead Capital Management LLC lifted its stake 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 valued at $214,000 after acquiring an additional 1,829 shares during the period. Everence Capital Management Inc. acquired a new stake in Five Below during the 3rd quarter valued at approximately $215,000. Finally, Montag & Caldwell LLC acquired a new stake in Five Below during the 3rd quarter valued at approximately $217,000.

In other Five Below news, insider Eric M. Specter sold 15,000 shares of the business’s stock in a transaction that occurred 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 sale, the insider now owns 13,883 shares of the company’s stock, valued at approximately $931,271.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Joel D. Anderson sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $67.00, for a total transaction of $1,340,000.00. Following the sale, the chief executive officer now directly owns 127,693 shares in the company, valued at approximately $8,555,431. The disclosure for this sale can be found here. In the last three months, insiders have sold 143,400 shares of company stock worth $9,474,401. 3.22% of the stock is owned by insiders.

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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.

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

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