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.
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.
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.
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.