Analysts Expect Five Below Inc (FIVE) to Post $1.17 Earnings Per Share

Brokerages forecast that Five Below Inc (NASDAQ:FIVE) will post earnings per share (EPS) of $1.17 for the current quarter, Zacks reports. Three analysts have made estimates for Five Below’s earnings, with the lowest EPS estimate coming in at $1.14 and the highest estimate coming in at $1.19. Five Below reported earnings per share of $0.90 during the same quarter last year, which would suggest a positive year-over-year growth rate of 30%. The company is scheduled to announce its next earnings report on Wednesday, March 28th.

On average, analysts expect that Five Below will report full year earnings of $1.81 per share for the current financial year, with EPS estimates ranging from $1.77 to $1.88. For the next fiscal year, analysts forecast that the company will post earnings of $2.45 per share, with EPS estimates ranging from $2.30 to $2.58. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Five Below.

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

A number of equities analysts have recently weighed in on the company. BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Jefferies Group reiterated a “buy” rating and set a $85.00 price target on shares of Five Below in a report on Monday, January 8th. Barclays reiterated a “hold” rating and set a $60.00 price target on shares of Five Below in a report on Sunday, December 3rd. UBS Group increased their price target on Five Below from $52.00 to $64.00 and gave the stock a “neutral” rating in a report on Friday, December 1st. Finally, KeyCorp reiterated a “hold” rating on shares of Five Below in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Five Below currently has a consensus rating of “Buy” and a consensus target price of $64.33.

Five Below (NASDAQ:FIVE) traded up $0.20 during midday trading on Thursday, hitting $67.00. The stock had a trading volume of 418,853 shares, compared to its average volume of 1,402,064. The stock has a market cap of $3,700.00, a PE ratio of 43.79, a PEG ratio of 1.30 and a beta of 0.84. Five Below has a fifty-two week low of $37.14 and a fifty-two week high of $73.55.

In related news, Director Ronald Sargent sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the completion of the transaction, the director now directly owns 29,429 shares in the company, valued at approximately $1,930,248.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Eric M. Specter sold 15,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $67.08, for a total value of $1,006,200.00. Following the transaction, the insider now owns 13,883 shares of the company’s stock, valued at $931,271.64. The disclosure for this sale can be found here. Insiders have sold a total of 143,400 shares of company stock valued at $9,474,401 over the last 90 days. 3.22% of the stock is currently owned by company insiders.

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

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Five Below Company Profile

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.

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

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