Analysts Anticipate Five Below, Inc. (NASDAQ:FIVE) Will Post Earnings of $0.59 Per Share

Equities research analysts forecast that Five Below, Inc. (NASDAQ:FIVEGet Rating) will announce earnings of $0.59 per share for the current fiscal quarter, Zacks Investment Research reports. Eight analysts have provided estimates for Five Below’s earnings. The highest EPS estimate is $0.63 and the lowest is $0.46. Five Below reported earnings of $0.88 per share during the same quarter last year, which suggests a negative year over year growth rate of 33%. The business is scheduled to announce its next quarterly earnings report after the market closes on Monday, January 1st.

On average, analysts expect that Five Below will report full year earnings of $5.50 per share for the current fiscal year, with EPS estimates ranging from $5.15 to $5.70. For the next financial year, analysts anticipate that the firm will report earnings of $6.76 per share, with EPS estimates ranging from $6.25 to $7.10. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Five Below.

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

Several equities analysts have weighed in on FIVE shares. Berenberg Bank started coverage on Five Below in a research note on Tuesday, April 19th. They set a “hold” rating and a $181.00 price objective on the stock. Telsey Advisory Group dropped their target price on Five Below from $235.00 to $230.00 and set an “outperform” rating for the company in a research report on Thursday, March 31st. Loop Capital lowered their price objective on Five Below from $210.00 to $165.00 in a research report on Thursday, March 31st. Citigroup upgraded Five Below from a “neutral” rating to a “buy” rating and upped their target price for the company from $176.00 to $205.00 in a report on Thursday, March 31st. Finally, StockNews.com downgraded Five Below from a “hold” rating to a “sell” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat, Five Below has an average rating of “Buy” and a consensus target price of $220.72.

Large investors have recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC boosted its stake in Five Below by 71.3% in the 3rd 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. AlphaCrest Capital Management LLC boosted its stake in Five Below by 10.9% in the 3rd quarter. AlphaCrest Capital Management LLC now owns 3,064 shares of the specialty retailer’s stock worth $542,000 after purchasing an additional 300 shares in the last quarter. BOKF NA acquired a new stake in Five Below in the 3rd quarter worth approximately $232,000. Geode Capital Management LLC raised its position in Five Below by 0.4% during the 3rd quarter. Geode Capital Management LLC now owns 712,314 shares of the specialty retailer’s stock worth $125,944,000 after buying an additional 3,091 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Five Below by 7.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 520,316 shares of the specialty retailer’s stock worth $91,997,000 after buying an additional 34,190 shares during the last quarter. Institutional investors and hedge funds own 99.20% of the company’s stock.

NASDAQ FIVE traded up $14.96 during trading hours on Thursday, reaching $135.85. The company’s stock had a trading volume of 40,089 shares, compared to its average volume of 914,726. The stock has a market cap of $7.54 billion, a P/E ratio of 27.43, a P/E/G ratio of 1.11 and a beta of 1.31. The firm has a fifty day simple moving average of $157.70 and a 200-day simple moving average of $173.54. Five Below has a 52 week low of $110.83 and a 52 week high of $237.86.

Five Below Company Profile (Get Rating)

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including 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, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room.

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

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