Wall Street brokerages expect Five Below Inc (NASDAQ:FIVE) to announce $0.50 earnings per share for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Five Below’s earnings. The highest EPS estimate is $0.51 and the lowest is $0.49. Five Below posted earnings of $0.42 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 19%. The company is scheduled to report its next quarterly earnings results on Thursday, September 5th.

On average, analysts expect that Five Below will report full year earnings of $3.14 per share for the current year, with EPS estimates ranging from $3.05 to $3.19. For the next financial year, analysts expect that the business will report earnings of $3.77 per share, with EPS estimates ranging from $3.67 to $3.91. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Five Below.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, June 5th. The specialty retailer reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The company had revenue of $364.76 million for the quarter, compared to the consensus estimate of $362.28 million. Five Below had a return on equity of 25.21% and a net margin of 9.43%. The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period last year, the firm earned $0.35 EPS.

FIVE has been the topic of several analyst reports. UBS Group increased their price target on Five Below from $120.00 to $132.00 and gave the stock a “neutral” rating in a research report on Monday, June 3rd. Credit Suisse Group increased their price target on Five Below from $120.00 to $125.00 and gave the stock a “neutral” rating in a research report on Thursday, June 6th. ValuEngine raised Five Below from a “hold” rating to a “buy” rating in a research report on Tuesday. Barclays downgraded Five Below from an “overweight” rating to an “equal weight” rating and increased their price target for the stock from $128.00 to $140.00 in a research report on Monday, May 6th. They noted that the move was a valuation call. Finally, BidaskClub downgraded Five Below from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $134.89.

FIVE traded down $0.30 during midday trading on Thursday, hitting $108.20. 606,631 shares of the company were exchanged, compared to its average volume of 1,068,366. The company’s 50 day simple moving average is $119.62 and its 200 day simple moving average is $126.12. The firm has a market capitalization of $6.03 billion, a price-to-earnings ratio of 42.10, a price-to-earnings-growth ratio of 1.36 and a beta of 0.64. The company has a current ratio of 1.89, a quick ratio of 1.05 and a debt-to-equity ratio of 1.00. Five Below has a 1-year low of $86.57 and a 1-year high of $148.21.

In other news, CFO Kenneth R. Bull sold 7,103 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $130.13, for a total transaction of $924,313.39. Following the sale, the chief financial officer now directly owns 79,227 shares in the company, valued at approximately $10,309,809.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is owned by company insiders.

Institutional investors have recently modified their holdings of the stock. Optimum Investment Advisors purchased a new position in Five Below in the 1st quarter valued at about $31,000. Shine Investment Advisory Services Inc. lifted its stake in Five Below by 73.3% in the 2nd quarter. Shine Investment Advisory Services Inc. now owns 305 shares of the specialty retailer’s stock valued at $37,000 after buying an additional 129 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in Five Below by 74.2% in the 1st quarter. Quadrant Capital Group LLC now owns 465 shares of the specialty retailer’s stock valued at $55,000 after buying an additional 198 shares in the last quarter. Icon Wealth Partners LLC purchased a new position in Five Below in the 1st quarter valued at about $60,000. Finally, Carroll Financial Associates Inc. lifted its stake in Five Below by 43.9% in the 1st quarter. Carroll Financial Associates Inc. now owns 492 shares of the specialty retailer’s stock valued at $61,000 after buying an additional 150 shares in the last quarter. 97.16% of the stock is currently owned by hedge funds and other institutional investors.

Five Below Company Profile

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 nail polishes, lip glosses, fragrances, 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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Earnings History and Estimates for Five Below (NASDAQ:FIVE)

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