Five Below Inc (NASDAQ:FIVE) – Investment analysts at Jefferies Financial Group decreased their FY2020 earnings per share estimates for shares of Five Below in a research report issued on Monday, January 13th. Jefferies Financial Group analyst R. Konik now forecasts that the specialty retailer will post earnings of $2.98 per share for the year, down from their prior estimate of $3.06. Jefferies Financial Group also issued estimates for Five Below’s FY2021 earnings at $3.60 EPS.
Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, December 4th. The specialty retailer reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.01. The business had revenue of $377.40 million for the quarter, compared to analysts’ expectations of $373.64 million. Five Below had a net margin of 8.74% and a return on equity of 23.01%. The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 earnings per share.
Shares of Five Below stock opened at $114.26 on Wednesday. The company has a current ratio of 1.57, a quick ratio of 0.52 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $6.75 billion, a price-to-earnings ratio of 44.46, a P/E/G ratio of 1.63 and a beta of 0.50. Five Below has a 1-year low of $95.52 and a 1-year high of $148.21. The firm’s 50-day moving average price is $123.09 and its two-hundred day moving average price is $123.36.
A number of hedge funds and other institutional investors have recently made changes to their positions in FIVE. Sandy Spring Bank acquired a new position in Five Below in the third quarter valued at approximately $25,000. Squar Milner Financial Services LLC lifted its holdings in Five Below by 404.5% in the third quarter. Squar Milner Financial Services LLC now owns 222 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 178 shares during the period. Tompkins Financial Corp acquired a new position in Five Below in the third quarter valued at approximately $38,000. Quest Capital Management Inc. ADV acquired a new position in Five Below in the third quarter valued at approximately $50,000. Finally, Shine Investment Advisory Services Inc. lifted its holdings in Five Below by 54.4% in the third quarter. Shine Investment Advisory Services Inc. now owns 471 shares of the specialty retailer’s stock valued at $59,000 after buying an additional 166 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.
In related news, Director Thomas Vellios sold 60,000 shares of the stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $133.31, for a total value of $7,998,600.00. Following the transaction, the director now directly owns 604,186 shares in the company, valued at $80,544,035.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.50% of the company’s stock.
Five Below Company Profile
Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.
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