Equities analysts forecast that Five Below Inc (NASDAQ:FIVE) will announce $335.05 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Five Below’s earnings, with the lowest sales estimate coming in at $334.30 million and the highest estimate coming in at $335.61 million. Five Below posted sales of $283.32 million during the same quarter last year, which would indicate a positive year over year growth rate of 18.3%. The company is scheduled to report its next quarterly earnings results on Wednesday, August 29th.

According to Zacks, analysts expect that Five Below will report full-year sales of $1.52 billion for the current financial year. For the next fiscal year, analysts expect that the company will report sales of $1.84 billion per share, with estimates ranging from $1.82 billion to $1.87 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Five Below.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, June 6th. The specialty retailer reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. Five Below had a net margin of 8.64% and a return on equity of 26.59%. The company had revenue of $296.32 million for the quarter, compared to the consensus estimate of $291.14 million. During the same period last year, the company posted $0.15 EPS. The firm’s quarterly revenue was up 27.2% compared to the same quarter last year.

A number of research firms have recently weighed in on FIVE. BidaskClub upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a research note on Friday. Zacks Investment Research downgraded shares of Five Below from a “buy” rating to a “sell” rating in a research note on Tuesday, August 7th. Deutsche Bank restated a “buy” rating and issued a $84.00 price target (down from $85.00) on shares of Five Below in a research note on Friday, May 25th. UBS Group raised their price target on shares of Five Below from $75.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, June 7th. Finally, Deutsche Bank reduced their price target on shares of Five Below from $85.00 to $84.00 and set a “buy” rating on the stock in a research note on Friday, May 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $96.00.

FIVE opened at $104.48 on Tuesday. Five Below has a 1-year low of $46.00 and a 1-year high of $109.09. The company has a market capitalization of $5.89 billion, a PE ratio of 58.37, a P/E/G ratio of 1.54 and a beta of 0.49.

In related news, Director Thomas M. Ryan sold 35,000 shares of Five Below stock in a transaction that occurred on Friday, July 20th. The shares were sold at an average price of $103.25, for a total transaction of $3,613,750.00. Following the sale, the director now directly owns 9,710 shares in the company, valued at approximately $1,002,557.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Michael Romanko sold 6,673 shares of Five Below stock in a transaction that occurred on Monday, June 25th. The stock was sold at an average price of $98.78, for a total transaction of $659,158.94. Following the sale, the executive vice president now owns 14,784 shares in the company, valued at $1,460,363.52. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 141,806 shares of company stock worth $14,531,056. 2.60% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. LS Investment Advisors LLC boosted its position in Five Below by 37.3% during the 2nd quarter. LS Investment Advisors LLC now owns 5,734 shares of the specialty retailer’s stock worth $560,000 after buying an additional 1,558 shares during the period. Montag & Caldwell LLC lifted its position in shares of Five Below by 29.7% in the 1st quarter. Montag & Caldwell LLC now owns 5,321 shares of the specialty retailer’s stock worth $390,000 after purchasing an additional 1,219 shares during the period. Legal & General Group Plc lifted its position in shares of Five Below by 2.2% in the 1st quarter. Legal & General Group Plc now owns 113,254 shares of the specialty retailer’s stock worth $8,206,000 after purchasing an additional 2,400 shares during the period. Campbell & CO Investment Adviser LLC acquired a new position in shares of Five Below in the 2nd quarter worth approximately $859,000. Finally, Amalgamated Bank lifted its position in shares of Five Below by 14.5% in the 2nd quarter. Amalgamated Bank now owns 8,911 shares of the specialty retailer’s stock worth $871,000 after purchasing an additional 1,127 shares during the period.

About Five Below

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 beauty products comprising nail polish, lip gloss, fragrance, 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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