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.
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.
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