$0.50 Earnings Per Share Expected for Five Below Inc (NASDAQ:FIVE) This Quarter

Analysts expect Five Below Inc (NASDAQ:FIVE) to post $0.50 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Five Below’s earnings, with the lowest EPS estimate coming in at $0.49 and the highest estimate coming in at $0.51. Five Below reported earnings of $0.42 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 19%. The company is expected to issue its next earnings results on Thursday, September 5th.

According to Zacks, analysts expect that Five Below will report full-year earnings of $3.16 per share for the current fiscal year, with EPS estimates ranging from $3.06 to $3.19. For the next financial year, analysts expect that the business will post earnings of $3.78 per share, with EPS estimates ranging from $3.68 to $3.91. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover 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, meeting the Thomson Reuters’ consensus estimate of $0.35. The company had revenue of $364.76 million during the quarter, compared to the consensus estimate of $362.28 million. Five Below had a net margin of 9.43% and a return on equity of 25.21%. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 earnings per share.

Several equities research analysts recently weighed in on the stock. Bank of America reissued a “buy” rating and set a $150.00 price target on shares of Five Below in a research report on Thursday, June 6th. Credit Suisse Group raised their price target on shares of Five Below from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Thursday, June 6th. UBS Group raised their price target on shares of Five Below from $120.00 to $132.00 and gave the company a “neutral” rating in a research report on Monday, June 3rd. BidaskClub downgraded shares of Five Below from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 9th. Finally, Barclays downgraded shares of Five Below from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $128.00 to $140.00 in a research report on Monday, May 6th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $135.17.

In other Five Below news, CFO Kenneth R. Bull sold 7,103 shares of Five Below stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $130.13, for a total value of $924,313.39. Following the completion of the sale, the chief financial officer now owns 79,227 shares of the company’s stock, valued at approximately $10,309,809.51. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Kathleen S. Barclay sold 2,500 shares of Five Below stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $140.86, for a total transaction of $352,150.00. Following the completion of the sale, the director now directly owns 13,135 shares of the company’s stock, valued at approximately $1,850,196.10. The disclosure for this sale can be found here. In the last ninety days, insiders sold 62,484 shares of company stock valued at $8,268,317. 2.50% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of FIVE. FMR LLC grew its position in Five Below by 96.6% in the 1st quarter. FMR LLC now owns 2,471,352 shares of the specialty retailer’s stock worth $307,065,000 after purchasing an additional 1,214,030 shares during the period. Norges Bank bought a new stake in Five Below in the 4th quarter worth approximately $54,154,000. Columbus Circle Investors grew its position in Five Below by 219.8% in the 4th quarter. Columbus Circle Investors now owns 417,511 shares of the specialty retailer’s stock worth $42,720,000 after purchasing an additional 286,974 shares during the period. Vanguard Group Inc grew its position in Five Below by 5.4% in the 3rd quarter. Vanguard Group Inc now owns 5,123,587 shares of the specialty retailer’s stock worth $666,374,000 after purchasing an additional 261,259 shares during the period. Finally, Macquarie Group Ltd. grew its position in Five Below by 47.6% in the 4th quarter. Macquarie Group Ltd. now owns 780,442 shares of the specialty retailer’s stock worth $79,855,000 after purchasing an additional 251,655 shares during the period. 95.85% of the stock is owned by institutional investors and hedge funds.

Shares of FIVE traded down $0.38 on Friday, hitting $131.82. 750,979 shares of the stock traded hands, compared to its average volume of 1,252,651. The company has a market capitalization of $7.40 billion, a P/E ratio of 51.29, a price-to-earnings-growth ratio of 1.57 and a beta of 0.80. The company has a quick ratio of 1.05, a current ratio of 1.89 and a debt-to-equity ratio of 1.00. Five Below has a one year low of $86.57 and a one year high of $148.21.

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 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 décor, 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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