Brokerages expect Five Below Inc (NASDAQ:FIVE) to announce $1.17 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Five Below’s earnings. The highest EPS estimate is $1.19 and the lowest is $1.14. Five Below posted earnings per share of $0.90 in the same quarter last year, which would suggest a positive year-over-year growth rate of 30%. The company is expected to announce its next earnings results on Wednesday, March 28th.
According to Zacks, analysts expect that Five Below will report full-year earnings of $1.81 per share for the current year, with EPS estimates ranging from $1.77 to $1.88. For the next year, analysts expect that the company will post earnings of $2.45 per share, with EPS estimates ranging from $2.30 to $2.58. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Five Below.
Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The company had revenue of $257.18 million during the quarter, compared to the consensus estimate of $246.04 million. During the same period in the previous year, the business earned $0.10 earnings per share. The firm’s quarterly revenue was up 28.9% on a year-over-year basis.
In other news, Director Ronald Sargent sold 80,000 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the completion of the transaction, the director now directly owns 29,429 shares in the company, valued at $1,930,248.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eric M. Specter sold 15,000 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $67.08, for a total transaction of $1,006,200.00. Following the transaction, the insider now owns 13,883 shares of the company’s stock, valued at $931,271.64. The disclosure for this sale can be found here. Insiders have sold 143,400 shares of company stock valued at $9,474,401 over the last quarter. Company insiders own 2.92% of the company’s stock.
Large investors have recently made changes to their positions in the company. Stifel Financial Corp grew its stake in shares of Five Below by 1.4% in the second quarter. Stifel Financial Corp now owns 15,614 shares of the specialty retailer’s stock worth $765,000 after purchasing an additional 214 shares during the last quarter. Amalgamated Bank grew its stake in shares of Five Below by 5.3% in the second quarter. Amalgamated Bank now owns 7,477 shares of the specialty retailer’s stock worth $369,000 after purchasing an additional 378 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Five Below by 6.1% in the second quarter. PNC Financial Services Group Inc. now owns 8,848 shares of the specialty retailer’s stock worth $438,000 after purchasing an additional 506 shares during the last quarter. Advisor Group Inc. grew its stake in shares of Five Below by 11.4% in the second quarter. Advisor Group Inc. now owns 5,870 shares of the specialty retailer’s stock worth $290,000 after purchasing an additional 599 shares during the last quarter. Finally, Raymond James Trust N.A. grew its stake in shares of Five Below by 21.9% in the third quarter. Raymond James Trust N.A. now owns 5,061 shares of the specialty retailer’s stock worth $277,000 after purchasing an additional 908 shares during the last quarter.
Shares of Five Below (NASDAQ FIVE) opened at $63.64 on Friday. Five Below has a 1 year low of $37.14 and a 1 year high of $73.55. The firm has a market cap of $3,421.26, a P/E ratio of 40.48, a PEG ratio of 0.88 and a beta of 0.67.
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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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