Five Below, Inc. (NASDAQ:FIVE) Expected to Post Earnings of $0.60 Per Share

Analysts predict that Five Below, Inc. (NASDAQ:FIVE – Get Rating) will announce $0.60 earnings per share for the current quarter, Zacks reports. Eight analysts have made estimates for Five Below’s earnings. The highest EPS estimate is $0.63 and the lowest is $0.57. Five Below reported earnings per share of $0.88 during the same quarter last year, which indicates a negative year-over-year growth rate of 31.8%. The company is scheduled to report its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Five Below will report full-year earnings of $5.55 per share for the current financial year, with EPS estimates ranging from $5.33 to $5.70. For the next fiscal year, analysts forecast that the firm will report earnings of $6.80 per share, with EPS estimates ranging from $6.33 to $7.10. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Five Below.

Five Below (NASDAQ:FIVE – Get Rating) last issued its quarterly earnings data on Wednesday, March 30th. The specialty retailer reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.01. Five Below had a return on equity of 27.29% and a net margin of 9.79%. The firm had revenue of $996.30 million for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the firm posted $2.20 EPS. The company’s revenue for the quarter was up 16.1% on a year-over-year basis.

Several research firms have recently issued reports on FIVE. Deutsche Bank Aktiengesellschaft increased their target price on Five Below from $276.00 to $284.00 and gave the stock a “buy” rating in a report on Thursday, March 31st. UBS Group raised Five Below from a “neutral” rating to a “buy” rating and reduced their target price for the stock from $215.00 to $200.00 in a report on Monday, March 7th. Telsey Advisory Group reduced their price objective on Five Below from $235.00 to $230.00 and set an “outperform” rating on the stock in a research note on Thursday, March 31st. Craig Hallum reduced their price objective on Five Below from $240.00 to $230.00 in a research note on Thursday, March 31st. Finally, Loop Capital reduced their price objective on Five Below from $210.00 to $165.00 in a research note on Thursday, March 31st. Three research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $223.72.

Shares of NASDAQ FIVE opened at $179.54 on Thursday. The stock’s fifty day moving average price is $164.32 and its two-hundred day moving average price is $181.16. Five Below has a one year low of $143.44 and a one year high of $237.86. The firm has a market cap of $10.00 billion, a price-to-earnings ratio of 36.27, a P/E/G ratio of 1.67 and a beta of 1.38.

A number of hedge funds have recently modified their holdings of the business. CNA Financial Corp increased its holdings in Five Below by 1.2% in the fourth quarter. CNA Financial Corp now owns 5,140 shares of the specialty retailer’s stock worth $1,063,000 after purchasing an additional 60 shares in the last quarter. Arizona State Retirement System increased its holdings in Five Below by 0.4% in the third quarter. Arizona State Retirement System now owns 15,252 shares of the specialty retailer’s stock worth $2,697,000 after purchasing an additional 65 shares in the last quarter. Fifth Third Bancorp increased its holdings in Five Below by 7.0% in the fourth quarter. Fifth Third Bancorp now owns 1,015 shares of the specialty retailer’s stock worth $210,000 after purchasing an additional 66 shares in the last quarter. People s United Financial Inc. increased its holdings in Five Below by 1.0% in the third quarter. People s United Financial Inc. now owns 7,284 shares of the specialty retailer’s stock worth $1,288,000 after purchasing an additional 74 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in Five Below by 71.3% in the third quarter. O Shaughnessy Asset Management LLC now owns 185 shares of the specialty retailer’s stock worth $33,000 after purchasing an additional 77 shares in the last quarter. Institutional investors and hedge funds own 99.35% of the company’s stock.

Five Below Company Profile (Get Rating)

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 nail polishes, lip glosses, fragrances, 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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