Five Below Inc (FIVE) Expected to Post Earnings of $0.19 Per Share
Equities research analysts expect that Five Below Inc (NASDAQ:FIVE) will post earnings per share of $0.19 for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Five Below’s earnings, with the highest EPS estimate coming in at $0.20 and the lowest estimate coming in at $0.18. Five Below posted earnings of $0.18 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 5.6%. The business is expected to issue its next quarterly earnings report on Thursday, November 29th.
According to Zacks, analysts expect that Five Below will report full-year earnings of $2.57 per share for the current financial year, with EPS estimates ranging from $2.50 to $2.63. For the next financial year, analysts expect that the company will report earnings of $3.11 per share, with EPS estimates ranging from $3.00 to $3.25. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Five Below.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Thursday, September 6th. The specialty retailer reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. Five Below had a return on equity of 25.97% and a net margin of 8.83%. The business had revenue of $347.73 million during the quarter, compared to analysts’ expectations of $334.82 million. During the same quarter last year, the business posted $0.30 earnings per share. The business’s revenue for the quarter was up 22.7% on a year-over-year basis.
Shares of FIVE stock traded down $1.20 during mid-day trading on Tuesday, reaching $122.21. The stock had a trading volume of 966,276 shares, compared to its average volume of 1,172,254. Five Below has a 12-month low of $56.91 and a 12-month high of $136.13. The stock has a market cap of $6.78 billion, a P/E ratio of 68.27, a P/E/G ratio of 1.60 and a beta of 0.57.
In other Five Below news, insider David N. Makuen sold 12,000 shares of Five Below stock in a transaction dated Thursday, October 18th. The stock was sold at an average price of $116.43, for a total value of $1,397,160.00. Following the completion of the sale, the insider now owns 20,863 shares in the company, valued at approximately $2,429,079.09. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel Kaufman sold 3,995 shares of Five Below stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $133.18, for a total value of $532,054.10. Following the completion of the sale, the director now owns 5,047 shares of the company’s stock, valued at approximately $672,159.46. The disclosure for this sale can be found here. In the last quarter, insiders have sold 19,303 shares of company stock valued at $2,346,022. 2.60% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. grew its holdings in Five Below by 5.2% in the 3rd quarter. BlackRock Inc. now owns 6,575,425 shares of the specialty retailer’s stock valued at $855,199,000 after buying an additional 322,174 shares during the period. FMR LLC grew its holdings in Five Below by 105.4% in the 2nd quarter. FMR LLC now owns 2,277,943 shares of the specialty retailer’s stock valued at $222,578,000 after buying an additional 1,168,796 shares during the period. Renaissance Technologies LLC grew its holdings in Five Below by 451.4% in the 2nd quarter. Renaissance Technologies LLC now owns 1,382,400 shares of the specialty retailer’s stock valued at $135,074,000 after buying an additional 1,131,700 shares during the period. Northern Trust Corp grew its holdings in Five Below by 21.1% in the 2nd quarter. Northern Trust Corp now owns 951,983 shares of the specialty retailer’s stock valued at $93,018,000 after buying an additional 166,095 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in Five Below by 12.0% in the 3rd quarter. Wells Fargo & Company MN now owns 910,442 shares of the specialty retailer’s stock valued at $118,413,000 after buying an additional 97,882 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 décor, and related items, as well as provides storage options for the customers room.
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