Five Below (NASDAQ:FIVE) Updates Q4 2019 IntraDay Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its fourth quarter 2019
IntraDay earnings guidance on Monday morning. The company provided earnings per share guidance of 1.93-1.96 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.02. The company issued revenue guidance of $685-688 million, compared to the consensus revenue estimate of $728.79 million.Five Below also updated its FY 2019
IntraDay guidance to 3.07-3.10 EPS.

FIVE stock opened at $107.46 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 0.52 and a debt-to-equity ratio of 1.22. Five Below has a one year low of $95.52 and a one year high of $148.21. The firm has a market capitalization of $6.75 billion, a PE ratio of 41.81, a P/E/G ratio of 1.63 and a beta of 0.50. The firm has a 50-day moving average of $123.29 and a two-hundred day moving average of $123.39.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. Five Below had a net margin of 8.74% and a return on equity of 23.01%. The company had revenue of $377.40 million during the quarter, compared to analyst estimates of $373.64 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The business’s quarterly revenue was up 20.7% on a year-over-year basis. On average, equities research analysts anticipate that Five Below will post 3.06 earnings per share for the current year.

A number of analysts have commented on FIVE shares. Credit Suisse Group raised shares of Five Below from a neutral rating to an outperform rating and set a $125.00 price objective for the company in a research note on Tuesday. William Blair started coverage on shares of Five Below in a research note on Friday, October 4th. They set an outperform rating for the company. ValuEngine lowered shares of Five Below from a buy rating to a hold rating in a research report on Wednesday, November 20th. Bank of America reissued a buy rating and issued a $150.00 price target on shares of Five Below in a research report on Thursday, December 5th. Finally, Loop Capital set a $145.00 price target on shares of Five Below and gave the stock a buy rating in a research report on Monday, September 23rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of Buy and an average target price of $139.58.

In related news, Director Thomas Vellios sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $133.31, for a total transaction of $7,998,600.00. Following the transaction, the director now owns 604,186 shares of the company’s stock, valued at $80,544,035.66. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.50% of the stock is currently owned by company insiders.

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 nail polishes, lip glosses, fragrances, 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 and Estimates for Five Below (NASDAQ:FIVE)

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