Five Below Inc (NASDAQ:FIVE) – Equities research analysts at Dougherty & Co issued their Q4 2018 earnings per share estimates for Five Below in a report issued on Sunday. Dougherty & Co analyst J. Hamblin anticipates that the specialty retailer will post earnings of $1.13 per share for the quarter. Dougherty & Co has a “Buy” rating on the stock.
A number of other research analysts have also recently commented on FIVE. Gordon Haskett cut shares of Five Below from an “accumulate” rating to a “hold” rating and set a $57.00 price target on the stock. in a report on Friday, December 1st. Barclays reaffirmed a “hold” rating and issued a $60.00 price objective on shares of Five Below in a research note on Sunday. UBS upped their price objective on shares of Five Below from $52.00 to $64.00 and gave the stock a “neutral” rating in a research note on Friday, December 1st. BidaskClub raised shares of Five Below from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Finally, Buckingham Research reaffirmed a “buy” rating and issued a $62.00 price objective on shares of Five Below in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. Five Below has a consensus rating of “Buy” and an average target price of $60.91.
Five Below (NASDAQ:FIVE) traded up $1.39 during midday trading on Wednesday, hitting $65.53. 1,375,492 shares of the stock were exchanged, compared to its average volume of 1,100,862. The company has a market capitalization of $3,590.28, a PE ratio of 42.48, a PEG ratio of 1.38 and a beta of 0.85. Five Below has a 12-month low of $36.90 and a 12-month high of $66.00.
Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. The firm had revenue of $257.18 million for the quarter, compared to analysts’ expectations of $246.04 million. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The business’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.10 earnings per share.
In other Five Below news, insider Thomas Vellios sold 142,573 shares of the stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $55.13, for a total transaction of $7,860,049.49. Following the completion of the sale, the insider now directly owns 757,823 shares of the company’s stock, valued at $41,778,781.99. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.92% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the business. First Mercantile Trust Co. increased its holdings in shares of Five Below by 1.7% during the second quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock valued at $116,000 after acquiring an additional 40 shares in the last quarter. Raymond James Trust N.A. acquired a new position in shares of Five Below during the second quarter valued at about $205,000. Strs Ohio increased its holdings in shares of Five Below by 40.0% during the second quarter. Strs Ohio now owns 4,200 shares of the specialty retailer’s stock valued at $207,000 after acquiring an additional 1,200 shares in the last quarter. Miles Capital Inc. acquired a new position in shares of Five Below during the second quarter valued at about $210,000. Finally, Riverhead Capital Management LLC increased its holdings in shares of Five Below by 73.2% during the second quarter. Riverhead Capital Management LLC now owns 4,329 shares of the specialty retailer’s stock valued at $214,000 after acquiring an additional 1,829 shares in the last quarter.
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About Five Below
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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