Five Below Inc (NASDAQ:FIVE) – Stock analysts at Dougherty & Co raised their FY2018 earnings per share estimates for shares of Five Below in a research note issued to investors on Wednesday. Dougherty & Co analyst J. Hamblin now forecasts that the specialty retailer will post earnings of $1.77 per share for the year, up from their prior forecast of $1.76. Dougherty & Co has a “Buy” rating and a $82.00 price target on the stock. Dougherty & Co also issued estimates for Five Below’s Q4 2018 earnings at $1.14 EPS.

Five Below (NASDAQ:FIVE) last announced its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The company had revenue of $257.18 million for the quarter, compared to analyst estimates of $246.04 million. During the same quarter in the prior year, the company earned $0.10 EPS. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year.

Several other equities research analysts have also commented on the company. Jefferies Group restated a “buy” rating and set a $85.00 target price on shares of Five Below in a research report on Monday, January 8th. MKM Partners upped their target price on Five Below to $75.00 and gave the company a “buy” rating in a research report on Thursday, January 4th. Deutsche Bank upgraded Five Below from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a research report on Wednesday, January 3rd. Morgan Stanley upped their target price on Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 27th. Finally, BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Five Below currently has an average rating of “Buy” and an average price target of $64.33.

Shares of Five Below (NASDAQ:FIVE) traded down $1.19 during trading on Friday, hitting $66.93. The company had a trading volume of 899,200 shares, compared to its average volume of 1,082,115. Five Below has a 52 week low of $37.14 and a 52 week high of $73.55. The company has a market cap of $3,762.62, a price-to-earnings ratio of 43.75, a price-to-earnings-growth ratio of 1.33 and a beta of 0.84.

In other news, Director Ronald Sargent sold 80,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total value of $5,247,200.00. Following the completion of the sale, the director now directly owns 29,429 shares of the company’s stock, valued at $1,930,248.11. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Michael Romanko sold 12,454 shares of the stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $66.53, for a total value of $828,564.62. Following the completion of the sale, the executive vice president now directly owns 24,858 shares of the company’s stock, valued at $1,653,802.74. The disclosure for this sale can be found here. In the last quarter, insiders sold 143,400 shares of company stock worth $9,474,401. Corporate insiders own 3.22% of the company’s stock.

Several institutional investors have recently modified their holdings of FIVE. Jennison Associates LLC raised its stake in shares of Five Below by 24.1% in the third quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock worth $116,568,000 after purchasing an additional 412,641 shares during the last quarter. Macquarie Group Ltd. raised its stake in shares of Five Below by 42.2% in the second quarter. Macquarie Group Ltd. now owns 776,034 shares of the specialty retailer’s stock worth $38,313,000 after purchasing an additional 230,191 shares during the last quarter. OxFORD Asset Management LLP raised its stake in shares of Five Below by 1,392.6% in the second quarter. OxFORD Asset Management LLP now owns 171,371 shares of the specialty retailer’s stock worth $8,461,000 after purchasing an additional 159,890 shares during the last quarter. Balyasny Asset Management LLC raised its stake in shares of Five Below by 129.7% in the second quarter. Balyasny Asset Management LLC now owns 24,395 shares of the specialty retailer’s stock worth $1,204,000 after purchasing an additional 106,491 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its stake in shares of Five Below by 23.2% in the third quarter. Emerald Mutual Fund Advisers Trust now owns 467,705 shares of the specialty retailer’s stock worth $25,668,000 after purchasing an additional 87,954 shares during the last quarter.

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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. 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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