Q1 2018 Earnings Estimate for Five Below Inc (FIVE) Issued By KeyCorp

Five Below Inc (NASDAQ:FIVE) – Analysts at KeyCorp issued their Q1 2018 earnings per share estimates for Five Below in a research report issued on Wednesday, Zacks Investment Research reports. KeyCorp analyst B. Thomas expects that the specialty retailer will post earnings of $0.14 per share for the quarter. KeyCorp also issued estimates for Five Below’s Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.12 EPS, Q4 2018 earnings at $1.10 EPS and FY2019 earnings at $1.90 EPS.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, March 22nd. The specialty retailer reported $0.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.01. Five Below had a return on equity of 24.48% and a net margin of 6.82%. The business earned $388.10 million during the quarter, compared to analyst estimates of $387.63 million. During the same quarter last year, the business posted $0.77 EPS. The company’s revenue was up 18.9% on a year-over-year basis. ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this piece of content on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The correct version of this piece of content can be viewed at https://sportsperspectives.com/2017/04/21/five-below-inc-to-post-q1-2018-earnings-of-0-14-per-share-keycorp-forecasts-five-updated-updated.html.

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

Other equities analysts have also issued research reports about the stock. MKM Partners reiterated a “buy” rating and issued a $51.00 price target (down previously from $54.00) on shares of Five Below in a report on Thursday, March 23rd. Vetr lowered shares of Five Below from a “buy” rating to a “hold” rating and set a $46.85 price target on the stock. in a report on Tuesday, April 11th. Jefferies Group LLC reissued a “buy” rating and issued a $55.00 target price on shares of Five Below in a research note on Thursday, March 23rd. Zacks Investment Research downgraded shares of Five Below from a “hold” rating to a “sell” rating in a research note on Wednesday, February 1st. Finally, Loop Capital reissued a “buy” rating and issued a $54.00 target price on shares of Five Below in a research note on Friday, March 17th. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Five Below currently has an average rating of “Buy” and a consensus target price of $47.09.

Shares of Five Below (NASDAQ:FIVE) traded up 1.19% during trading on Friday, hitting $47.66. The company had a trading volume of 1,097,009 shares. Five Below has a 52-week low of $35.03 and a 52-week high of $52.70. The firm has a market capitalization of $2.62 billion, a P/E ratio of 36.66 and a beta of 1.02. The stock’s 50-day moving average is $41.87 and its 200 day moving average is $40.04.

Several hedge funds have recently modified their holdings of FIVE. Torch Wealth Management LLC increased its stake in Five Below by 0.5% in the first quarter. Torch Wealth Management LLC now owns 18,575 shares of the specialty retailer’s stock worth $804,000 after buying an additional 100 shares during the last quarter. State of Alaska Department of Revenue increased its stake in Five Below by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 6,080 shares of the specialty retailer’s stock worth $263,000 after buying an additional 140 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Five Below by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 14,950 shares of the specialty retailer’s stock worth $603,000 after buying an additional 200 shares during the last quarter. Advisor Group Inc. increased its stake in Five Below by 6.0% in the third quarter. Advisor Group Inc. now owns 4,193 shares of the specialty retailer’s stock worth $168,000 after buying an additional 238 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in Five Below by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 22,400 shares of the specialty retailer’s stock worth $970,000 after buying an additional 300 shares during the last quarter.

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. The Company’s product groups include leisure, fashion and home, and party and snack.

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