Q4 2017 Earnings Forecast for Five Below, Inc. (FIVE) Issued By KeyCorp

Five Below, Inc. (NASDAQ:FIVE) – Research analysts at KeyCorp lowered their Q4 2017 earnings estimates for Five Below in a research report issued to clients and investors on Monday. KeyCorp analyst B. Thomas now anticipates that the brokerage will post earnings per share of $0.89 for the quarter, down from their prior forecast of $0.91. KeyCorp has a “Overweight” rating and a $47.00 price objective on the stock.

Several other research firms also recently weighed in on FIVE. Vetr upgraded Five Below from a “hold” rating to a “buy” rating and set a $46.72 target price on the stock in a research report on Thursday, December 8th. Loop Capital reiterated a “buy” rating and set a $54.00 target price on shares of Five Below in a research report on Wednesday. Longbow Research initiated coverage on Five Below in a research report on Wednesday, October 26th. They set a “buy” rating and a $45.00 target price on the stock. MKM Partners reiterated a “buy” rating and set a $60.00 target price on shares of Five Below in a research report on Tuesday, September 13th. Finally, Guggenheim reiterated a “buy” rating and set a $52.00 target price on shares of Five Below in a research report on Sunday, December 4th. Seven research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Five Below has an average rating of “Buy” and an average target price of $48.24.

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

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Shares of Five Below (NASDAQ:FIVE) traded down 1.30% during trading on Wednesday, hitting $40.19. The stock had a trading volume of 766,630 shares. The stock’s 50-day moving average price is $40.71 and its 200-day moving average price is $42.95. The company has a market cap of $2.21 billion, a P/E ratio of 34.71 and a beta of 1.03. Five Below has a one year low of $31.97 and a one year high of $52.70.

Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, December 1st. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.01. The company earned $199.50 million during the quarter. Five Below had a return on equity of 24.48% and a net margin of 6.82%. The business’s revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.08 earnings per share.

TRADEMARK VIOLATION WARNING: “Q4 2017 Earnings Forecast for Five Below, Inc. (FIVE) Issued By KeyCorp” was first reported by Community Financial News and is the propert of of Community Financial News. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.com-unik.info/2017/01/11/q4-2017-earnings-forecast-for-five-below-inc-five-issued-by-keycorp.html.

Large investors have recently modified their holdings of the stock. Timpani Capital Management LLC increased its position in 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 in the last quarter. BlackRock Fund Advisors increased its position in 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 in the last quarter. Victory Capital Management Inc. increased its position in 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 in the last quarter. Emerald Advisers Inc. PA increased its position in Five Below by 0.3% in the second quarter. Emerald Advisers Inc. PA now owns 719,299 shares of the company’s stock worth $33,383,000 after buying an additional 2,490 shares in the last quarter. Finally, RS Investment Management Co. LLC increased its position in Five Below by 29.5% in the second quarter. RS Investment Management Co. LLC now owns 972,179 shares of the company’s stock worth $45,119,000 after buying an additional 221,660 shares in 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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