Equities analysts expect Five Below Inc (NASDAQ:FIVE) to report sales of $595.43 million for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Five Below’s earnings, with estimates ranging from $590.70 million to $599.33 million. Five Below posted sales of $504.83 million during the same quarter last year, which suggests a positive year over year growth rate of 17.9%. The business is scheduled to report its next quarterly earnings results on Wednesday, March 20th.
On average, analysts expect that Five Below will report full year sales of $1.54 billion for the current year, with estimates ranging from $1.54 billion to $1.55 billion. For the next year, analysts expect that the company will post sales of $1.87 billion, with estimates ranging from $1.86 billion to $1.91 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover Five Below.
Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Thursday, December 6th. The specialty retailer reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.05. Five Below had a return on equity of 25.14% and a net margin of 8.74%. The company had revenue of $312.82 million for the quarter, compared to analysts’ expectations of $303.54 million.
FIVE has been the topic of a number of recent analyst reports. BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 10th. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $124.00 price target on the stock in a research report on Tuesday, August 21st. Dougherty & Co cut Five Below from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 5th. They noted that the move was a valuation call. MKM Partners raised their price target on Five Below to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, September 5th. Finally, Gordon Haskett upgraded Five Below from a “hold” rating to a “buy” rating in a research report on Friday, September 7th. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $119.00.
In related news, insider David N. Makuen sold 12,000 shares of the firm’s stock in a transaction dated Thursday, October 18th. The stock was sold at an average price of $116.43, for a total value of $1,397,160.00. Following the sale, the insider now directly owns 20,863 shares of the company’s stock, valued at $2,429,079.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Daniel Kaufman sold 3,995 shares of the firm’s stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $133.18, for a total value of $532,054.10. Following the completion of the sale, the director now directly owns 5,047 shares in the company, valued at $672,159.46. The disclosure for this sale can be found here. Insiders sold 19,303 shares of company stock worth $2,346,022 over the last ninety days. 2.60% of the stock is currently owned by insiders.
Several hedge funds have recently made changes to their positions in the company. Credit Suisse AG boosted its stake in shares of Five Below by 0.7% during the third quarter. Credit Suisse AG now owns 62,185 shares of the specialty retailer’s stock valued at $8,088,000 after purchasing an additional 417 shares in the last quarter. United Services Automobile Association boosted its stake in shares of Five Below by 4.9% during the third quarter. United Services Automobile Association now owns 9,267 shares of the specialty retailer’s stock valued at $1,205,000 after purchasing an additional 433 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Five Below by 20.7% during the second quarter. Captrust Financial Advisors now owns 2,910 shares of the specialty retailer’s stock valued at $284,000 after purchasing an additional 499 shares in the last quarter. Aperio Group LLC boosted its stake in shares of Five Below by 3.2% during the third quarter. Aperio Group LLC now owns 16,277 shares of the specialty retailer’s stock valued at $2,117,000 after purchasing an additional 501 shares in the last quarter. Finally, Campbell Newman Asset Management Inc. boosted its stake in shares of Five Below by 5.5% during the third quarter. Campbell Newman Asset Management Inc. now owns 9,973 shares of the specialty retailer’s stock valued at $1,297,000 after purchasing an additional 522 shares in the last quarter. 95.42% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ FIVE opened at $95.58 on Friday. Five Below has a 52 week low of $60.00 and a 52 week high of $136.13. The firm has a market capitalization of $5.83 billion, a P/E ratio of 53.40, a P/E/G ratio of 1.37 and a beta of 0.52.
About Five Below
Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.
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