Five Below (FIVE) Releases Q4 Earnings Guidance

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Five Below (NASDAQ:FIVE) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.53-1.57 for the period, compared to the Thomson Reuters consensus estimate of $1.55. The company issued revenue guidance of $593-600 million, compared to the consensus revenue estimate of $591.21 million.

Shares of NASDAQ FIVE opened at $95.58 on Friday. Five Below has a 12-month low of $60.00 and a 12-month high of $136.13. The firm has a market cap of $5.67 billion, a price-to-earnings ratio of 46.91, a P/E/G ratio of 1.30 and a beta of 0.52.

Five Below (NASDAQ:FIVE) last issued its earnings results on Thursday, December 6th. The specialty retailer reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.05. The company had revenue of $312.82 million during the quarter, compared to analyst estimates of $303.54 million. Five Below had a return on equity of 24.58% and a net margin of 8.74%. On average, equities research analysts forecast that Five Below will post 2.62 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on FIVE shares. JPMorgan Chase & Co. lowered their price objective on Five Below to $153.00 in a report on Sunday, December 2nd. Credit Suisse Group reduced their price target on shares of Five Below from $125.00 to $115.00 and set a neutral rating on the stock in a research report on Thursday. Dougherty & Co lowered shares of Five Below from a buy rating to a neutral rating in a research report on Wednesday, September 5th. They noted that the move was a valuation call. BidaskClub raised Five Below from a buy rating to a strong-buy rating in a research report on Thursday, November 8th. Finally, Citigroup boosted their target price on Five Below from $117.00 to $133.00 and gave the company a buy rating in a research report on Friday, September 7th. Seven analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of $119.00.

In other Five Below news, Director Daniel Kaufman sold 3,995 shares of the business’s stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $133.18, for a total transaction of $532,054.10. Following the completion of the transaction, the director now directly owns 5,047 shares of the company’s stock, valued at approximately $672,159.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Romanko sold 3,308 shares of the business’s stock in a transaction dated Monday, September 24th. The stock was sold at an average price of $126.00, for a total transaction of $416,808.00. Following the sale, the executive vice president now owns 18,092 shares in the company, valued at $2,279,592. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,303 shares of company stock valued at $2,346,022. 2.60% of the stock is owned by company insiders.

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About Five Below

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 d├ęcor, 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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