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.
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 décor, and related items, as well as provides storage options for the customers room.
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