Five Below Inc (NASDAQ:FIVE) – Investment analysts at Dougherty & Co lifted their Q1 2018 EPS estimates for shares of Five Below in a report released on Monday. Dougherty & Co analyst J. Hamblin now forecasts that the specialty retailer will post earnings per share of $0.14 for the quarter, up from their previous estimate of $0.13. Dougherty & Co also issued estimates for Five Below’s Q4 2018 earnings at $0.12 EPS.
FIVE has been the subject of a number of other research reports. Royal Bank of Canada reiterated a “buy” rating and issued a $50.00 price objective on shares of Five Below in a report on Monday, May 15th. Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a report on Tuesday. Jefferies Group LLC raised their price objective on shares of Five Below from $55.00 to $62.00 and gave the company a “buy” rating in a report on Tuesday, May 9th. Gordon Haskett began coverage on shares of Five Below in a report on Tuesday, May 9th. They issued an “accumulate” rating and a $57.00 price objective for the company. Finally, Loop Capital reiterated a “buy” rating and issued a $54.00 price objective on shares of Five Below in a report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. Five Below presently has an average rating of “Buy” and a consensus target price of $49.03.
Five Below (NASDAQ:FIVE) traded up 1.77% during midday trading on Wednesday, reaching $52.41. 26,727 shares of the company’s stock traded hands. The stock has a 50-day moving average of $48.91 and a 200 day moving average of $42.32. The company has a market cap of $2.88 billion, a P/E ratio of 40.32 and a beta of 1.02. Five Below has a 52-week low of $35.03 and a 52-week high of $54.13.
Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 22nd. The specialty retailer reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.01. The firm had revenue of $388.10 million during the quarter, compared to analysts’ expectations of $387.63 million. Five Below had a net margin of 6.82% and a return on equity of 24.48%. The company’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.77 EPS.
Several hedge funds have recently made changes to their positions in FIVE. Teachers Retirement System of The State of Kentucky increased its stake in shares of Five Below by 5.2% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 45,384 shares of the specialty retailer’s stock valued at $1,965,000 after buying an additional 2,235 shares during the period. Bank of Nova Scotia bought a new stake in shares of Five Below during the first quarter valued at approximately $4,851,000. Tudor Investment Corp ET AL bought a new stake in shares of Five Below during the first quarter valued at approximately $276,000. Paloma Partners Management Co increased its stake in shares of Five Below by 25.0% in the first quarter. Paloma Partners Management Co now owns 41,879 shares of the specialty retailer’s stock valued at $1,814,000 after buying an additional 8,380 shares during the period. Finally, Gotham Asset Management LLC bought a new stake in shares of Five Below during the first quarter valued at approximately $1,321,000.
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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