Five Below Inc (NASDAQ:FIVE) – Investment analysts at Dougherty & Co increased their FY2018 EPS estimates for shares of Five Below in a report issued on Sunday. Dougherty & Co analyst J. Hamblin now anticipates that the specialty retailer will earn $1.76 per share for the year, up from their previous forecast of $1.67. Dougherty & Co currently has a “Buy” rating on the stock. Dougherty & Co also issued estimates for Five Below’s FY2019 earnings at $2.06 EPS.
Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.05. The company had revenue of $257.18 million for the quarter, compared to analyst estimates of $246.04 million. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The firm’s quarterly revenue was up 28.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS.
Shares of Five Below (FIVE) traded down $0.86 during mid-day trading on Tuesday, hitting $64.14. 1,304,600 shares of the stock traded hands, compared to its average volume of 1,099,689. The stock has a market cap of $3,590.28, a price-to-earnings ratio of 42.48, a P/E/G ratio of 1.38 and a beta of 0.85. Five Below has a 1-year low of $36.90 and a 1-year high of $65.49.
In related news, insider Thomas Vellios sold 142,573 shares of Five Below stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $55.13, for a total transaction of $7,860,049.49. Following the sale, the insider now directly owns 757,823 shares in the company, valued at $41,778,781.99. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.92% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jennison Associates LLC grew its holdings in Five Below by 24.1% during the third quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock worth $116,568,000 after acquiring an additional 412,641 shares during the period. Wasatch Advisors Inc. increased its stake in Five Below by 2.7% in the 2nd quarter. Wasatch Advisors Inc. now owns 1,949,049 shares of the specialty retailer’s stock worth $96,225,000 after purchasing an additional 52,041 shares in the last quarter. State Street Corp increased its stake in Five Below by 2.8% in the 2nd quarter. State Street Corp now owns 1,433,959 shares of the specialty retailer’s stock worth $70,796,000 after purchasing an additional 38,532 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Five Below by 2.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,182,837 shares of the specialty retailer’s stock worth $64,914,000 after purchasing an additional 30,368 shares in the last quarter. Finally, Oak Ridge Investments LLC increased its stake in Five Below by 0.8% in the 2nd quarter. Oak Ridge Investments LLC now owns 1,064,249 shares of the specialty retailer’s stock worth $52,542,000 after purchasing an additional 8,498 shares in the last quarter.
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Five Below Company Profile
Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.
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