Five Below Inc (NASDAQ:FIVE) – Equities research analysts at Dougherty & Co reduced their Q1 2018 earnings per share estimates for shares of Five Below in a report issued on Thursday, Zacks Investment Research reports. Dougherty & Co analyst J. Hamblin now forecasts that the specialty retailer will post earnings of $0.13 per share for the quarter, down from their previous estimate of $0.14. Dougherty & Co also issued estimates for Five Below’s Q4 2018 earnings at $1.12 EPS, FY2018 earnings at $1.59 EPS and FY2019 earnings at $1.90 EPS.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, March 22nd. The specialty retailer reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. Five Below had a return on equity of 24.48% and a net margin of 6.82%. The company had revenue of $388.10 million for the quarter, compared to analysts’ expectations of $387.63 million. During the same quarter in the prior year, the business posted $0.77 EPS. The business’s revenue was up 18.9% compared to the same quarter last year. WARNING: This report was first published by Community Financial News and is the sole property of of Community Financial News. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://www.com-unik.info/2017/04/21/brokers-offer-predictions-for-five-below-incs-q1-2018-earnings-five-2-updated-updated.html.
Other analysts have also issued reports about the company. MKM Partners restated a “buy” rating and issued a $51.00 target price (down from $54.00) on shares of Five Below in a research note on Thursday, March 23rd. Vetr lowered Five Below from a “buy” rating to a “hold” rating and set a $46.85 price objective on the stock. in a research note on Tuesday, April 11th. Jefferies Group LLC restated a “buy” rating and issued a $55.00 target price on shares of Five Below in a research note on Thursday, March 23rd. Zacks Investment Research lowered Five Below from a “hold” rating to a “sell” rating in a research note on Wednesday, February 1st. Finally, Loop Capital restated a “buy” rating and issued a $54.00 target price on shares of Five Below in a research note on Friday, March 17th. Seven research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Five Below has a consensus rating of “Buy” and an average price target of $47.09.
Shares of Five Below (NASDAQ:FIVE) traded up 1.19% during midday trading on Friday, hitting $47.66. The stock had a trading volume of 1,101,268 shares. The company’s 50 day moving average is $41.87 and its 200 day moving average is $40.04. The firm has a market cap of $2.62 billion, a P/E ratio of 36.66 and a beta of 1.02. Five Below has a 52 week low of $35.03 and a 52 week high of $52.70.
A number of large investors have recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. bought a new stake in shares of Five Below during the third quarter valued at $108,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Five Below by 12.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,864 shares of the specialty retailer’s stock valued at $114,000 after buying an additional 307 shares in the last quarter. Flinton Capital Management LLC bought a new stake in shares of Five Below during the fourth quarter valued at $116,000. Independent Advisor Alliance bought a new stake in shares of Five Below during the fourth quarter valued at $120,000. Finally, Advisor Group Inc. boosted its stake in shares of Five Below by 6.0% in the third quarter. Advisor Group Inc. now owns 4,193 shares of the specialty retailer’s stock valued at $168,000 after buying an additional 238 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.
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