Five Below (NASDAQ:FIVE) Issues Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $3.23-3.41 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. KeyCorp lowered Five Below from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. lowered Five Below from a “neutral” rating to an “underweight” rating and increased their price objective for the company from $89.00 to $95.00 in a report on Thursday, September 19th. Craig Hallum increased their price objective on Five Below from $102.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Gordon Haskett raised Five Below from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research report on Thursday, November 7th. Finally, Telsey Advisory Group downgraded Five Below from an “outperform” rating to a “market perform” rating and cut their target price for the company from $102.00 to $95.00 in a research report on Monday, November 25th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $106.60.

Five Below Stock Up 1.7 %

NASDAQ FIVE traded up $1.77 during trading hours on Wednesday, hitting $104.97. 3,867,112 shares of the stock were exchanged, compared to its average volume of 1,486,040. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 1.09 and a beta of 1.19. Five Below has a 12-month low of $64.87 and a 12-month high of $216.18. The stock has a 50-day moving average of $90.69 and a 200 day moving average of $94.55.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.26. The company had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. Five Below had a net margin of 7.57% and a return on equity of 18.16%. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.26 earnings per share. On average, equities research analysts expect that Five Below will post 4.56 earnings per share for the current year.

About Five Below

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.