Five Below (NASDAQ:FIVE) Issues Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.23-3.41 for the period, compared to the consensus estimate of $3.30. The company issued revenue guidance of $1.35-1.38 billion, compared to the consensus revenue estimate of $1.36 billion.

Five Below Price Performance

NASDAQ FIVE traded up $1.77 during trading on Wednesday, reaching $104.97. The company’s stock had a trading volume of 3,867,112 shares, compared to its average volume of 1,486,040. The stock has a market capitalization of $5.77 billion, a PE ratio of 20.31, a P/E/G ratio of 1.09 and a beta of 1.19. The firm has a fifty day moving average of $90.69 and a 200 day moving average of $94.55. Five Below has a one year low of $64.87 and a one year high of $216.18.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. The business 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 18.16% and a net margin of 7.57%. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.26 EPS. Research analysts expect that Five Below will post 4.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FIVE has been the topic of several recent research reports. Craig Hallum increased their price objective on Five Below from $102.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Mizuho reiterated a “neutral” rating and set a $85.00 price objective on shares of Five Below in a research report on Thursday, October 3rd. KeyCorp lowered Five Below from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Gordon Haskett upgraded Five Below from a “hold” rating to a “buy” rating and set a $120.00 target price for the company in a report on Thursday, November 7th. Finally, The Goldman Sachs Group dropped their target price on Five Below from $124.00 to $106.00 and set a “buy” rating for the company in a report on Thursday, August 29th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Five Below currently has an average rating of “Hold” and a consensus target price of $106.60.

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.