Q1 2019 EPS Estimates for Five Below Inc (FIVE) Raised by Analyst

Five Below Inc (NASDAQ:FIVE) – Analysts at Jefferies Group boosted their Q1 2019 EPS estimates for shares of Five Below in a research report issued to clients and investors on Wednesday. Jefferies Group analyst D. Binder now forecasts that the specialty retailer will post earnings of $0.32 per share for the quarter, up from their previous forecast of $0.23. Jefferies Group currently has a “Buy” rating and a $85.00 price target on the stock. Jefferies Group also issued estimates for Five Below’s FY2020 earnings at $2.99 EPS, FY2021 earnings at $3.73 EPS, FY2022 earnings at $4.66 EPS and FY2023 earnings at $5.76 EPS.

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Other equities research analysts have also recently issued research reports about the stock. Gordon Haskett raised shares of Five Below from a “hold” rating to an “accumulate” rating in a report on Wednesday, January 31st. Buckingham Research boosted their target price on shares of Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a report on Friday, December 1st. Zacks Investment Research raised shares of Five Below from a “hold” rating to a “buy” rating and set a $67.00 target price on the stock in a report on Thursday, November 30th. MKM Partners boosted their target price on shares of Five Below from $59.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, November 28th. Finally, Dougherty & Co boosted their target price on shares of Five Below from $68.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and ten have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $66.09.

Shares of Five Below (NASDAQ:FIVE) opened at $69.03 on Friday. Five Below has a 1-year low of $41.75 and a 1-year high of $73.55. The stock has a market cap of $3,708.49, a price-to-earnings ratio of 37.52, a price-to-earnings-growth ratio of 0.96 and a beta of 0.62.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 21st. The specialty retailer reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.02. Five Below had a net margin of 8.02% and a return on equity of 27.69%. The company had revenue of $505.00 million for the quarter, compared to analysts’ expectations of $502.74 million. During the same quarter in the previous year, the firm posted $0.90 EPS. Five Below’s revenue was up 30.2% on a year-over-year basis.

Several institutional investors have recently added to or reduced their stakes in the company. Ladenburg Thalmann Financial Services Inc. increased its holdings in shares of Five Below by 20.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,488 shares of the specialty retailer’s stock worth $365,000 after purchasing an additional 930 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Five Below by 53.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,714 shares of the specialty retailer’s stock worth $180,000 after acquiring an additional 943 shares in the last quarter. SG Americas Securities LLC grew its position in Five Below by 4.7% in the third quarter. SG Americas Securities LLC now owns 22,693 shares of the specialty retailer’s stock worth $1,245,000 after acquiring an additional 1,023 shares in the last quarter. Advisor Group Inc. grew its position in Five Below by 10.3% in the fourth quarter. Advisor Group Inc. now owns 11,123 shares of the specialty retailer’s stock worth $737,000 after acquiring an additional 1,042 shares in the last quarter. Finally, Profund Advisors LLC grew its position in Five Below by 14.0% in the fourth quarter. Profund Advisors LLC now owns 9,014 shares of the specialty retailer’s stock worth $598,000 after acquiring an additional 1,104 shares in the last quarter.

Five Below declared that its Board of Directors has initiated a stock repurchase program on Wednesday, March 21st that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the specialty retailer to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

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

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

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