Five Below (NASDAQ:FIVE) Releases 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 %

NASDAQ FIVE opened at $103.20 on Monday. The firm 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 has a 1-year low of $64.87 and a 1-year high of $212.01. The company has a 50 day moving average of $98.52 and a 200-day moving average of $91.02.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate 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 for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS. On average, analysts forecast that Five Below will post 4.94 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on FIVE shares. Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $98.00 to $75.00 in a research report on Wednesday, November 6th. Guggenheim raised their price target on shares of Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. The Goldman Sachs Group upped their price objective on Five Below from $106.00 to $122.00 and gave the stock a “buy” rating in a report on Friday, December 6th. Melius Research assumed coverage on Five Below in a research report on Monday, September 23rd. They set a “hold” rating and a $100.00 target price for the company. Finally, Gordon Haskett raised Five Below from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a research note on Thursday, November 7th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average 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.