Five Below Inc. (FIVE) Expected to Post Q3 2017 Earnings of $0.09 Per Share
Five Below Inc. (NASDAQ:FIVE) – Investment analysts at KeyCorp issued their Q3 2017 earnings estimates for shares of Five Below in a research report issued on Wednesday. KeyCorp analyst B. Thomas anticipates that the brokerage will post earnings of $0.09 per share for the quarter. KeyCorp has a “Overweight” rating and a $47.00 price objective on the stock. KeyCorp also issued estimates for Five Below’s Q4 2017 earnings at $0.91 EPS, FY2017 earnings at $1.31 EPS and FY2018 earnings at $1.57 EPS.
A number of other research firms also recently weighed in on FIVE. Deutsche Bank AG reiterated a “hold” rating and issued a $46.00 price objective (up previously from $39.00) on shares of Five Below in a research report on Tuesday, August 2nd. BTIG Research assumed coverage on Five Below in a research note on Tuesday, August 23rd. They set a “neutral” rating on the stock. They noted that the move was a valuation call. Zacks Investment Research raised Five Below from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research note on Friday, July 15th. RBC Capital Markets reissued an “outperform” rating and set a $54.00 target price (up from $53.00) on shares of Five Below in a research note on Thursday, September 1st. Finally, Jefferies Group reissued a “buy” rating and set a $55.00 target price on shares of Five Below in a research note on Thursday, September 1st. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of $47.63.
Five Below (NASDAQ:FIVE) traded down 1.92% on Friday, reaching $37.37. 1,010,894 shares of the company traded hands. The firm has a 50 day moving average of $41.50 and a 200-day moving average of $43.63. The stock has a market capitalization of $2.05 billion, a PE ratio of 32.81 and a beta of 0.99. Five Below has a one year low of $26.95 and a one year high of $52.70.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, August 31st. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. Five Below had a net margin of 6.93% and a return on equity of 26.01%. The firm earned $220.13 million during the quarter, compared to the consensus estimate of $219.60 million. During the same period last year, the firm posted $0.13 EPS. The firm’s quarterly revenue was up 20.8% on a year-over-year basis.
A number of institutional investors have recently added to or reduced their stakes in FIVE. Commerce Bank boosted its position in Five Below by 0.6% in the second quarter. Commerce Bank now owns 12,680 shares of the company’s stock valued at $588,000 after buying an additional 70 shares in the last quarter. Veritable L.P. raised its stake in Five Below by 1.4% in the second quarter. Veritable L.P. now owns 5,880 shares of the company’s stock valued at $273,000 after buying an additional 80 shares during the last quarter. Huntington National Bank raised its stake in Five Below by 5.4% in the second quarter. Huntington National Bank now owns 3,107 shares of the company’s stock valued at $144,000 after buying an additional 158 shares during the last quarter. FineMark National Bank & Trust raised its stake in Five Below by 10.1% in the second quarter. FineMark National Bank & Trust now owns 2,621 shares of the company’s stock valued at $122,000 after buying an additional 240 shares during the last quarter. Finally, PineBridge Investments L.P. raised its stake in Five Below by 4.2% in the second quarter. PineBridge Investments L.P. now owns 6,941 shares of the company’s stock valued at $323,000 after buying an additional 277 shares during the last quarter.
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. The Company’s product groups include leisure, fashion and home, and party and snack.
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