Five Below (NASDAQ:FIVE) Releases Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of $3.23-3.41 for the period, compared to the consensus earnings per share estimate of $3.37. The company issued revenue guidance of $1.35-1.38 billion, compared to the consensus revenue estimate of $1.37 billion.

Five Below Price Performance

Shares of FIVE stock opened at $99.90 on Tuesday. Five Below has a 1 year low of $64.87 and a 1 year high of $212.01. The firm has a fifty day moving average price of $98.62 and a 200-day moving average price of $90.95. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 1.06 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.16 by $0.26. The firm had revenue of $843.71 million for the quarter, compared to the consensus estimate of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.26 earnings per share. Equities research analysts expect that Five Below will post 4.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FIVE. Morgan Stanley lifted their target price on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Barclays upped their price objective on Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. The Goldman Sachs Group lifted their target price on Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, December 6th. Loop Capital upped their price target on Five Below from $90.00 to $120.00 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Finally, William Blair reiterated a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $116.00.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.