Five Below (NASDAQ:FIVE) Releases Q4 2019 After-Hours Earnings Guidance

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Five Below (NASDAQ:FIVE) issued an update on its fourth quarter 2019
After-Hours earnings guidance on Wednesday morning. The company provided EPS guidance of 1.97-2.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.02. The company issued revenue guidance of $717-732 million, compared to the consensus revenue estimate of $733.97 million.Five Below also updated its FY 2019
After-Hours guidance to 3.11-3.19 EPS.

Shares of NASDAQ FIVE traded up $2.04 during mid-day trading on Wednesday, hitting $118.06. 3,159,145 shares of the stock were exchanged, compared to its average volume of 1,000,913. The company has a market cap of $6.89 billion, a P/E ratio of 45.94, a PEG ratio of 1.68 and a beta of 0.53. The stock’s fifty day simple moving average is $126.28 and its two-hundred day simple moving average is $124.54. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.09 and a current ratio of 1.98. Five Below has a twelve month low of $86.57 and a twelve month high of $148.21.

Several analysts have recently weighed in on FIVE shares. Royal Bank of Canada raised their price objective on shares of Five Below from $126.00 to $130.00 and gave the stock an outperform rating in a report on Thursday, August 29th. Wells Fargo & Co raised their price objective on shares of Five Below from $143.00 to $152.00 and gave the stock an outperform rating in a report on Thursday, September 5th. Deutsche Bank set a $146.00 price objective on shares of Five Below and gave the stock a buy rating in a report on Monday, August 26th. Loop Capital set a $145.00 price objective on shares of Five Below and gave the stock a buy rating in a report on Monday, September 23rd. Finally, BidaskClub lowered shares of Five Below from a hold rating to a sell rating in a report on Saturday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Five Below has a consensus rating of Buy and an average target price of $137.78.

In related news, Director Thomas Vellios sold 60,000 shares of the firm’s stock in a transaction that occurred on 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 completion of the sale, the director now owns 604,186 shares of the company’s stock, valued at $80,544,035.66. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.50% of the company’s stock.

Five Below Company Profile

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 d├ęcor, and related items, as well as provides storage options for the customers room.

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

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