Five Below (FIVE) Posts Quarterly Results

Five Below (NASDAQ: FIVE) issued its quarterly earnings data on Wednesday. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.01, ARN reports.

A number of research firms have also recently commented on FIVE. Analysts at Sterne Agee initiated coverage on shares of Five Below in a research note to investors on Wednesday, June 5th. They set a “neutral” rating on the stock. On a related note, analysts at Dougherty & Co initiated coverage on shares of Five Below in a research note to investors on Wednesday, April 17th. They set a “buy” rating and a $42.50 price target on the stock. Finally, analysts at UBS AG cut their EPS estimates on shares of Five Below in a research note on Thursday. They now have a $35.00 price target on the stock.

Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $37.79.

Five Below (NASDAQ: FIVE) traded down 2.48% on Wednesday, hitting $35.40. Five Below has a 52-week low of $25.00 and a 52-week high of $43.04. The stock’s 50-day moving average is currently $38.86. The company’s market cap is $1.912 billion.

Five Below, Inc. (NASDAQ: FIVE) is a retailer offering a range of merchandise for teen and pre-teen customer.