Five Below (NASDAQ:FIVE) Releases Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.23-3.41 for the period, compared to the consensus estimate of $3.30. The company issued revenue guidance of $1.35-1.38 billion, compared to the consensus revenue estimate of $1.36 billion.

Five Below Stock Up 1.7 %

FIVE traded up $1.77 during trading on Wednesday, reaching $104.97. 3,972,574 shares of the stock traded hands, compared to its average volume of 1,486,040. The stock has a market capitalization of $5.77 billion, a PE ratio of 20.31, a P/E/G ratio of 1.09 and a beta of 1.19. The stock’s 50-day moving average is $90.69 and its 200 day moving average is $94.55. Five Below has a 12 month low of $64.87 and a 12 month high of $216.18.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. The company had revenue of $843.71 million for the quarter, compared to analysts’ expectations of $801.48 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The business’s revenue was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 EPS. As a group, equities research analysts anticipate that Five Below will post 4.56 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on FIVE. Bank of America downgraded Five Below from a “neutral” rating to an “underperform” rating and cut their price target for the company from $98.00 to $75.00 in a research note on Wednesday, November 6th. Citigroup lifted their target price on shares of Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a research report on Monday. Craig Hallum lifted their target price on shares of Five Below from $102.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. cut shares of Five Below from a “neutral” rating to an “underweight” rating and lifted their target price for the stock from $89.00 to $95.00 in a research report on Thursday, September 19th. Finally, Gordon Haskett raised shares of Five Below from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research report on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Five Below presently has a consensus rating of “Hold” and a consensus price target of $106.60.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.