Five Below Inc. (NASDAQ:FIVE) – Analysts at KeyCorp issued their Q3 2017 EPS estimates for shares of Five Below in a research report issued on Wednesday. KeyCorp analyst B. Thomas expects that the brokerage will post earnings of $0.09 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $47.00 target price on the stock. KeyCorp also issued estimates for Five Below’s Q4 2017 earnings at $0.91 EPS, FY2017 earnings at $1.31 EPS and FY2018 earnings at $1.57 EPS.
Other equities research analysts also recently issued research reports about the company. MKM Partners reissued a “buy” rating and set a $60.00 price target on shares of Five Below in a research report on Monday, September 5th. Jefferies Group reaffirmed a “buy” rating and issued a $55.00 target price on shares of Five Below in a report on Thursday, September 1st. Zacks Investment Research raised Five Below from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Friday, July 15th. Citigroup Inc. assumed coverage on Five Below in a report on Tuesday. They issued a “buy” rating and a $50.00 target price on the stock. Finally, Barclays PLC assumed coverage on Five Below in a report on Friday, September 23rd. They issued an “equal weight” rating and a $42.00 target price on the stock. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Five Below currently has a consensus rating of “Buy” and an average target price of $47.63.
Shares of Five Below (NASDAQ:FIVE) traded down 1.92% during midday trading on Friday, hitting $37.37. The company had a trading volume of 678,559 shares. Five Below has a one year low of $26.95 and a one year high of $52.70. The stock’s 50-day moving average price is $41.77 and its 200-day moving average price is $43.66. The stock has a market capitalization of $2.05 billion, a price-to-earnings ratio of 32.81 and a beta of 0.99.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 31st. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. Five Below had a return on equity of 26.01% and a net margin of 6.93%. The business earned $220.13 million during the quarter, compared to analysts’ expectations of $219.60 million. During the same period in the previous year, the firm earned $0.13 earnings per share. The firm’s quarterly revenue was up 20.8% compared to the same quarter last year.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Torch Wealth Management LLC raised its position in Five Below by 2.4% in the third quarter. Torch Wealth Management LLC now owns 13,025 shares of the company’s stock valued at $525,000 after buying an additional 300 shares during the period. BNP Paribas Arbitrage SA raised its position in Five Below by 65.6% in the third quarter. BNP Paribas Arbitrage SA now owns 102,219 shares of the company’s stock valued at $4,118,000 after buying an additional 40,496 shares during the period. Mason Street Advisors LLC acquired a new position in Five Below during the second quarter valued at $496,000. Royal Bank of Canada raised its position in Five Below by 72.4% in the second quarter. Royal Bank of Canada now owns 115,823 shares of the company’s stock valued at $5,375,000 after buying an additional 48,659 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in Five Below by 1.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 234,679 shares of the company’s stock valued at $10,892,000 after buying an additional 2,946 shares during the period.
Five Below Company Profile
Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company’s product groups include leisure, fashion and home, and party and snack.
Receive News & Ratings for Five Below Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below Inc. and related companies with MarketBeat.com's FREE daily email newsletter.