Five Below (NASDAQ:FIVE) Updates Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) updated its fourth quarter earnings guidance on Monday. The company provided EPS guidance of $3.23-3.41 for the period, compared to the consensus EPS 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 Stock Up 3.7 %

Shares of NASDAQ:FIVE opened at $103.20 on Monday. The stock has a market cap of $5.68 billion, a PE ratio of 21.28, a P/E/G ratio of 1.06 and a beta of 1.14. Five Below has a 12-month low of $64.87 and a 12-month high of $212.01. The business has a 50 day moving average of $98.52 and a 200-day moving average of $91.02.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. William Blair reissued a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. The Goldman Sachs Group increased their price objective on shares of Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a research note on Friday, December 6th. JPMorgan Chase & Co. decreased their target price on shares of Five Below from $110.00 to $107.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 8th. Morgan Stanley increased their price target on Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, Telsey Advisory Group raised their price objective on Five Below from $95.00 to $115.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Three equities research 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $116.00.

Five Below Company Profile

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.