Five Below (NASDAQ:FIVE) Releases Q4 Earnings Guidance

Five Below (NASDAQ:FIVE) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $3.23-3.41 for the period, compared to the consensus 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 Trading Down 3.2 %

Shares of NASDAQ FIVE opened at $99.90 on Tuesday. The business has a 50-day moving average of $98.62 and a 200-day moving average of $90.95. The firm has a market capitalization 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 has a 12 month low of $64.87 and a 12 month high of $212.01.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on FIVE. Citigroup increased their price objective on Five Below from $85.00 to $96.00 and gave the stock a “neutral” rating in a report on Monday, December 2nd. StockNews.com downgraded shares of Five Below from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. The Goldman Sachs Group lifted their price objective on Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a research report on Friday, December 6th. Evercore ISI raised their target price on Five Below from $100.00 to $104.00 and gave the company an “in-line” rating in a research note on Tuesday, October 22nd. Finally, Truist Financial upped their price target on Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price 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.