Equities analysts expect Five Below Inc (NASDAQ:FIVE) to announce sales of $730.16 million for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Five Below’s earnings, with the lowest sales estimate coming in at $726.23 million and the highest estimate coming in at $732.00 million. Five Below reported sales of $602.68 million in the same quarter last year, which indicates a positive year-over-year growth rate of 21.2%. The business is expected to report its next earnings report on Wednesday, March 25th.
According to Zacks, analysts expect that Five Below will report full-year sales of $1.89 billion for the current fiscal year. For the next fiscal year, analysts expect that the company will post sales of $2.29 billion, with estimates ranging from $2.26 billion to $2.31 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Five Below.
Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, December 4th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The company had revenue of $377.40 million for the quarter, compared to analysts’ expectations of $373.64 million. Five Below had a return on equity of 23.01% and a net margin of 8.74%. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year. During the same period last year, the business posted $0.24 earnings per share.
A number of equities research analysts recently weighed in on the stock. Craig Hallum assumed coverage on shares of Five Below in a research note on Tuesday, September 10th. They set a “buy” rating and a $168.00 price objective on the stock. Royal Bank of Canada lifted their price objective on shares of Five Below from $126.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, August 29th. UBS Group cut their price objective on shares of Five Below from $132.00 to $124.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 20th. Wells Fargo & Co lifted their price objective on shares of Five Below from $143.00 to $152.00 and gave the company an “outperform” rating in a research note on Thursday, September 5th. Finally, BidaskClub cut shares of Five Below from a “hold” rating to a “sell” rating in a research note on Saturday, November 30th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $137.78.
In other Five Below news, Director Thomas Vellios sold 60,000 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $133.31, for a total value of $7,998,600.00. Following the sale, the director now directly owns 604,186 shares in the company, valued at $80,544,035.66. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.50% of the stock is currently owned by insiders.
A number of institutional investors have recently modified their holdings of FIVE. Commonwealth Equity Services LLC raised its position in Five Below by 40.8% in the second quarter. Commonwealth Equity Services LLC now owns 5,815 shares of the specialty retailer’s stock worth $697,000 after acquiring an additional 1,686 shares in the last quarter. Steward Partners Investment Advisory LLC purchased a new position in Five Below in the 2nd quarter worth about $66,000. Creative Planning increased its stake in Five Below by 69.4% in the 2nd quarter. Creative Planning now owns 4,205 shares of the specialty retailer’s stock worth $505,000 after purchasing an additional 1,722 shares in the last quarter. SG Americas Securities LLC grew its stake in Five Below by 54.3% during the 2nd quarter. SG Americas Securities LLC now owns 9,160 shares of the specialty retailer’s stock valued at $1,099,000 after acquiring an additional 3,224 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. grew its stake in Five Below by 43.4% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 45,620 shares of the specialty retailer’s stock valued at $5,475,000 after acquiring an additional 13,810 shares in the last quarter. Hedge funds and other institutional investors own 97.09% of the company’s stock.
FIVE stock traded down $1.88 during mid-day trading on Tuesday, reaching $123.86. The company had a trading volume of 1,065,627 shares, compared to its average volume of 1,403,980. Five Below has a one year low of $86.57 and a one year high of $148.21. The stock’s 50-day simple moving average is $124.46 and its two-hundred day simple moving average is $124.17. The company has a quick ratio of 0.52, a current ratio of 1.57 and a debt-to-equity ratio of 1.22. The stock has a market capitalization of $7.00 billion, a P/E ratio of 48.18, a P/E/G ratio of 1.70 and a beta of 0.53.
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 nail polishes, lip glosses, fragrances, 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 décor, and related items, as well as provides storage options for the customers room.
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