Five Below Inc (NASDAQ:FIVE) – Equities research analysts at Dougherty & Co upped their FY2019 earnings per share estimates for Five Below in a report issued on Wednesday. Dougherty & Co analyst J. Hamblin now forecasts that the specialty retailer will earn $2.48 per share for the year, up from their prior estimate of $2.06. Dougherty & Co has a “Buy” rating and a $82.00 price target on the stock.

Several other research analysts have also recently weighed in on the company. Jefferies Group reaffirmed a “buy” rating and set a $85.00 target price on shares of Five Below in a research note on Monday, January 8th. MKM Partners raised their target price on Five Below to $75.00 and gave the company a “buy” rating in a research note on Thursday, January 4th. Deutsche Bank raised Five Below from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a research note on Wednesday, January 3rd. Morgan Stanley raised their target price on Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 27th. Finally, BidaskClub raised Five Below from a “buy” rating to a “strong-buy” rating in a research note on Thursday, December 7th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $64.33.

Shares of Five Below (NASDAQ:FIVE) traded down $1.19 during mid-day trading on Monday, reaching $66.93. The company had a trading volume of 899,200 shares, compared to its average volume of 1,544,356. Five Below has a fifty-two week low of $37.14 and a fifty-two week high of $73.55. The company has a market capitalization of $3,696.89, a PE ratio of 43.75, a P/E/G ratio of 1.30 and a beta of 0.84.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The company had revenue of $257.18 million for the quarter, compared to analyst estimates of $246.04 million. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The company’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same period last year, the company earned $0.10 earnings per share.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Stifel Financial Corp boosted its position in Five Below by 1.4% during the 2nd quarter. Stifel Financial Corp now owns 15,614 shares of the specialty retailer’s stock worth $765,000 after acquiring an additional 214 shares during the period. D.A. Davidson & CO. boosted its position in Five Below by 5.2% during the 2nd quarter. D.A. Davidson & CO. now owns 5,921 shares of the specialty retailer’s stock worth $292,000 after acquiring an additional 294 shares during the period. Amalgamated Bank boosted its position in Five Below by 5.3% during the 2nd quarter. Amalgamated Bank now owns 7,477 shares of the specialty retailer’s stock worth $369,000 after acquiring an additional 378 shares during the period. PNC Financial Services Group Inc. boosted its position in Five Below by 6.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,848 shares of the specialty retailer’s stock worth $438,000 after acquiring an additional 506 shares during the period. Finally, Advisor Group Inc. boosted its position in Five Below by 11.4% during the 2nd quarter. Advisor Group Inc. now owns 5,870 shares of the specialty retailer’s stock worth $290,000 after acquiring an additional 599 shares during the period.

In related news, insider Eric M. Specter sold 15,000 shares of the stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $67.08, for a total value of $1,006,200.00. Following the completion of the transaction, the insider now owns 13,883 shares in the company, valued at approximately $931,271.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ronald Sargent sold 80,000 shares of the stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $65.59, for a total value of $5,247,200.00. Following the completion of the transaction, the director now owns 29,429 shares of the company’s stock, valued at approximately $1,930,248.11. The disclosure for this sale can be found here. Insiders sold a total of 143,400 shares of company stock valued at $9,474,401 in the last quarter. 2.92% of the stock is currently owned by corporate insiders.

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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.

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

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