Five Below (NASDAQ:FIVE) Issues 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 guidance of $3.23-3.41 for the period, compared to the consensus earnings per share 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.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FIVE shares. Guggenheim increased their price target on Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Barclays raised their price target on shares of Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Evercore ISI upped their price objective on shares of Five Below from $100.00 to $104.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 22nd. Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $98.00 to $75.00 in a research report on Wednesday, November 6th. Finally, Wells Fargo & Company upped their target price on Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $116.00.

Five Below Stock Down 5.8 %

FIVE opened at $94.09 on Wednesday. The company has a market capitalization of $5.18 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 1.06 and a beta of 1.14. The firm has a 50-day moving average price of $98.62 and a 200-day moving average price of $90.95. Five Below has a twelve month low of $64.87 and a twelve month high of $212.01.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.26. The business had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. Five Below’s revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 EPS. On average, sell-side analysts expect that Five Below will post 4.94 earnings per share for the current fiscal year.

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.