Five Below (NASDAQ:FIVE) Issues Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $3.23-3.41 for the period, compared to the consensus estimate of $3.37. The company issued revenue guidance of $1.35-1.38 billion, compared to the consensus revenue estimate of $1.37 billion.

Five Below Trading Up 3.7 %

Five Below stock opened at $103.20 on Monday. The business’s 50 day simple moving average is $98.52 and its 200 day simple moving average is $91.02. Five Below has a 12 month low of $64.87 and a 12 month high of $212.01. The company has a market cap of $5.68 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 1.06 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.26. The firm had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.26 earnings per share. As a group, equities research analysts forecast that Five Below will post 4.94 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FIVE shares. Evercore ISI lifted their target price on shares of Five Below from $100.00 to $104.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 22nd. Melius Research initiated coverage on shares of Five Below in a research note on Monday, September 23rd. They issued a “hold” rating and a $100.00 price objective for the company. JPMorgan Chase & Co. dropped their target price on Five Below from $110.00 to $107.00 and set an “underweight” rating on the stock in a research report on Wednesday, January 8th. Guggenheim raised their price target on Five Below from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Bank of America lowered Five Below from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $98.00 to $75.00 in a research note on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $116.00.

Five Below Company Profile

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.