Five Below Inc (NASDAQ:FIVE) – Research analysts at Dougherty & Co upped their Q1 2018 earnings per share estimates for Five Below in a report released on Monday. Dougherty & Co analyst J. Hamblin now anticipates that the specialty retailer will earn $0.14 per share for the quarter, up from their previous forecast of $0.13. Dougherty & Co also issued estimates for Five Below’s Q4 2018 earnings at $0.12 EPS.

Several other brokerages have also commented on FIVE. Royal Bank of Canada restated a “buy” rating and set a $50.00 price target on shares of Five Below in a research note on Monday, May 15th. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research note on Tuesday. Jefferies Group LLC upped their price target on Five Below from $55.00 to $62.00 and gave the stock a “buy” rating in a research note on Tuesday, May 9th. Gordon Haskett began coverage on Five Below in a research note on Tuesday, May 9th. They set an “accumulate” rating and a $57.00 price target for the company. Finally, Loop Capital restated a “buy” rating and set a $54.00 price target on shares of Five Below in a research note on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $49.03.

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

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Five Below (NASDAQ:FIVE) opened at 51.13 on Wednesday. Five Below has a one year low of $35.03 and a one year high of $54.13. The stock has a market capitalization of $2.81 billion, a PE ratio of 39.33 and a beta of 1.02. The company’s 50-day moving average price is $48.68 and its 200-day moving average price is $42.26.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 22nd. The specialty retailer reported $0.90 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $387.63 million. During the same period last year, the business posted $0.77 EPS. Five Below’s revenue for the quarter was up 18.9% on a year-over-year basis.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Comerica Bank increased its position 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 worth $2,428,000 after buying an additional 3,105 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position 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 worth $114,000 after buying an additional 307 shares in the last quarter. Torch Wealth Management LLC increased its position in shares of Five Below by 0.5% in the first quarter. Torch Wealth Management LLC now owns 18,575 shares of the specialty retailer’s stock worth $804,000 after buying an additional 100 shares in the last quarter. State Street Corp increased its position in shares of Five Below by 3.9% in the fourth quarter. State Street Corp now owns 1,315,466 shares of the specialty retailer’s stock worth $52,564,000 after buying an additional 49,924 shares in the last quarter. Finally, Mutual of America Capital Management LLC increased its position in shares of Five Below by 50.7% in the third quarter. Mutual of America Capital Management LLC now owns 132,618 shares of the specialty retailer’s stock worth $5,343,000 after buying an additional 44,600 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. Its product groups include leisure, fashion and home, and party and snack.

12 Month Chart for NASDAQ:FIVE

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