Five Below (FIVE) Releases FY19 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.36-2.42 for the period, compared to the Thomson Reuters consensus estimate of $2.42. The company issued revenue guidance of $1.495-1.51 billion, compared to the consensus revenue estimate of $1.51 billion.Five Below also updated its Q1 guidance to $0.31-0.34 EPS.

FIVE stock traded down $1.84 during trading on Wednesday, hitting $67.14. 2,872,533 shares of the stock traded hands, compared to its average volume of 1,089,997. The stock has a market cap of $3,813.99, a PE ratio of 45.09, a P/E/G ratio of 0.99 and a beta of 0.62. Five Below has a 12-month low of $37.94 and a 12-month high of $73.55.

How to Become a New Pot Stock Millionaire

FIVE has been the topic of several research reports. Deutsche Bank upgraded shares of Five Below from a hold rating to a buy rating and set a $54.00 price objective on the stock in a research report on Wednesday, January 3rd. MKM Partners raised their price objective on shares of Five Below from $59.00 to $64.00 and gave the company a buy rating in a research report on Tuesday, November 28th. Dougherty & Co raised their price objective on shares of Five Below from $68.00 to $82.00 and gave the company a buy rating in a research report on Tuesday, January 9th. Jefferies Group raised their price objective on shares of Five Below from $62.00 to $70.00 and gave the company a buy rating in a research report on Wednesday, November 29th. Finally, Barclays restated a hold rating and set a $60.00 price objective on shares of Five Below in a research report on Sunday, December 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $65.15.

ILLEGAL ACTIVITY NOTICE: This story was first reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/3286064/five-below-five-releases-fy19-earnings-guidance.html.

About Five Below

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. Its product groups include leisure, fashion and home, and party and snack.

Earnings History and Estimates for Five Below (NASDAQ:FIVE)

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Liberum Capital Reiterates Hold Rating for Sports Direct
Liberum Capital Reiterates Hold Rating for Sports Direct
RWS  Rating Reiterated by Shore Capital
RWS Rating Reiterated by Shore Capital
WPP’s  Hold Rating Reiterated at Deutsche Bank
WPP’s Hold Rating Reiterated at Deutsche Bank
Berenberg Bank Raises Ten Entertainment Group  Price Target to GBX 310
Berenberg Bank Raises Ten Entertainment Group Price Target to GBX 310
Evonik Industries  Given a €27.00 Price Target by UBS Analysts
Evonik Industries Given a €27.00 Price Target by UBS Analysts
eMagin  Sees Large Decline in Short Interest
eMagin Sees Large Decline in Short Interest


© 2006-2018 Ticker Report. Google+.