Five Below (FIVE) Announces Earnings Results

Five Below (NASDAQ:FIVE) announced its quarterly earnings results on Wednesday. The specialty retailer reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.05, Bloomberg Earnings reports. Five Below had a return on equity of 25.97% and a net margin of 8.83%. Five Below updated its Q4 2018 guidance to $1.53-1.57 EPS and its FY 2018 guidance to $2.60-2.64 EPS.

Shares of Five Below stock opened at $104.58 on Thursday. Five Below has a 12 month low of $60.00 and a 12 month high of $136.13. The company has a market cap of $5.83 billion, a P/E ratio of 58.42, a PEG ratio of 1.37 and a beta of 0.52.

A number of equities analysts have commented on the company. Credit Suisse Group lifted their price target on Five Below from $110.00 to $125.00 and gave the stock a “hold” rating in a research note on Friday, September 7th. Citigroup lifted their price target on Five Below from $117.00 to $133.00 and gave the stock a “buy” rating in a research note on Friday, September 7th. Royal Bank of Canada lifted their price target on Five Below to $128.00 and gave the stock a “buy” rating in a research note on Friday, September 7th. Deutsche Bank lifted their price target on Five Below to $136.00 and gave the stock a “buy” rating in a research note on Friday, September 7th. Finally, Loop Capital lifted their price target on Five Below from $100.00 to $125.00 and gave the stock a “hold” rating in a research note on Friday, September 7th. Eight analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $119.00.



In other Five Below news, Director Daniel Kaufman sold 3,995 shares of the company’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $133.18, for a total transaction of $532,054.10. Following the sale, the director now directly owns 5,047 shares in the company, valued at $672,159.46. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Michael Romanko sold 3,308 shares of the company’s stock in a transaction that occurred on Monday, September 24th. The shares were sold at an average price of $126.00, for a total value of $416,808.00. Following the sale, the executive vice president now owns 18,092 shares in the company, valued at $2,279,592. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,303 shares of company stock valued at $2,346,022. 2.60% of the stock is owned by corporate insiders.

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About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

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Earnings History for Five Below (NASDAQ:FIVE)

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