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-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 reiterated a “buy” rating and set a $55.00 price objective 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.
Institutional investors have recently bought and sold shares of the company. Timpani Capital Management LLC boosted its position in Five Below by 311.0% in the third quarter. Timpani Capital Management LLC now owns 72,255 shares of the specialty retailer’s stock worth $2,911,000 after buying an additional 54,676 shares during the last quarter. Comerica Bank boosted its stake in shares of Five Below by 5.6% in the fourth quarter. Comerica Bank now owns 58,835 shares of the specialty retailer’s stock valued at $2,428,000 after buying an additional 3,105 shares in the last quarter. BlackRock Fund Advisors boosted its stake in shares of Five Below by 8.3% in the third quarter. BlackRock Fund Advisors now owns 3,784,516 shares of the specialty retailer’s stock valued at $152,478,000 after buying an additional 290,305 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Five Below by 73,572.2% in the third quarter. Victory Capital Management Inc. now owns 1,465,341 shares of the specialty retailer’s stock valued at $59,038,000 after buying an additional 1,463,352 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Five Below by 45.8% in the third quarter. Wells Fargo & Company MN now owns 2,191,769 shares of the specialty retailer’s stock valued at $88,307,000 after buying an additional 688,359 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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