Five Below Inc (NASDAQ:FIVE) – Analysts at Jefferies Group decreased their Q1 2018 earnings per share estimates for Five Below in a research report issued on Thursday, Zacks Investment Research reports. Jefferies Group analyst D. Binder now expects that the specialty retailer will post earnings of $0.13 per share for the quarter, down from their previous forecast of $0.14. Jefferies Group currently has a “Buy” rating and a $55.00 target price on the stock. Jefferies Group also issued estimates for Five Below’s FY2019 earnings at $1.86 EPS, FY2020 earnings at $2.31 EPS, FY2021 earnings at $2.86 EPS and FY2022 earnings at $3.52 EPS.
Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, March 22nd. The specialty retailer reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.89 by $0.01. The company earned $388.10 million during the quarter, compared to analyst estimates of $387.63 million. Five Below had a return on equity of 24.48% and a net margin of 6.82%. The firm’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter last year, the business posted $0.77 EPS.
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Several other research analysts have also recently issued reports on the stock. Vetr raised shares of Five Below from a “hold” rating to a “buy” rating and set a $47.56 price target for the company in a report on Tuesday. Royal Bank of Canada set a $50.00 target price on shares of Five Below and gave the company a “buy” rating in a report on Monday, April 3rd. MKM Partners reaffirmed a “buy” rating and issued a $51.00 target price (down from $54.00) on shares of Five Below in a report on Thursday, March 23rd. Deutsche Bank AG increased their target price on shares of Five Below from $40.00 to $48.00 and gave the company a “hold” rating in a report on Thursday, March 23rd. Finally, Zacks Investment Research raised shares of Five Below from a “sell” rating to a “hold” rating in a report on Tuesday, March 21st. Seven equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $47.09.
Shares of Five Below (NASDAQ:FIVE) traded up 1.19% during trading on Friday, reaching $47.66. The company had a trading volume of 1,097,009 shares. The firm has a 50-day moving average of $41.87 and a 200 day moving average of $40.04. The firm has a market capitalization of $2.62 billion, a PE ratio of 36.66 and a beta of 1.02. Five Below has a 1-year low of $35.03 and a 1-year high of $52.70.
Several institutional investors have recently made changes to their positions in FIVE. Torch Wealth Management LLC raised its position in shares of 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 period. State of Alaska Department of Revenue raised its position in shares of 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 period. Municipal Employees Retirement System of Michigan raised its position in shares of 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 period. Advisor Group Inc. raised its position in shares of 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 period. Finally, Louisiana State Employees Retirement System raised its position in shares of 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 period.
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. The Company’s product groups include leisure, fashion and home, and party and snack.
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