Five Below (FIVE) Releases Earnings Results, Beats Expectations By $0.05 EPS

Five Below (NASDAQ:FIVE) issued its quarterly earnings results on Wednesday. The specialty retailer reported $0.24 earnings per share 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 NASDAQ FIVE opened at $104.58 on Thursday. The company has a market capitalization of $5.83 billion, a P/E ratio of 58.42, a PEG ratio of 1.37 and a beta of 0.52. Five Below has a 52 week low of $60.00 and a 52 week high of $136.13.

In related 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 value of $532,054.10. Following the sale, the director now owns 5,047 shares in the company, valued at $672,159.46. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 completion of the sale, the executive vice president now owns 18,092 shares in the company, valued at approximately $2,279,592. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,303 shares of company stock worth $2,346,022. 2.60% of the stock is owned by insiders.



A number of equities research analysts have recently weighed in on FIVE shares. Zacks Investment Research upgraded Five Below from a “hold” rating to a “buy” rating and set a $124.00 price target on the stock in a research note on Tuesday, August 21st. JPMorgan Chase & Co. boosted their price target on Five Below from $150.00 to $153.00 and gave the stock an “overweight” rating in a research note on Monday, September 24th. Telsey Advisory Group started coverage on Five Below in a research note on Wednesday, October 24th. They set a “market perform” rating and a $120.00 price target on the stock. Morgan Stanley boosted their price target on Five Below from $94.00 to $103.00 and gave the stock a “hold” rating in a research note on Friday, September 7th. Finally, BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 10th. Eight research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $119.59.

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Five Below Company Profile

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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