Equities research analysts expect that Five Below, Inc. (NASDAQ:FIVE – Get Rating) will announce sales of $654.50 million for the current quarter, according to Zacks Investment Research. Eight analysts have made estimates for Five Below’s earnings. The lowest sales estimate is $651.60 million and the highest is $658.00 million. Five Below reported sales of $597.82 million during the same quarter last year, which indicates a positive year over year growth rate of 9.5%. The company is scheduled to report its next earnings report on Monday, January 1st.
On average, analysts expect that Five Below will report full-year sales of $3.22 billion for the current year, with estimates ranging from $3.18 billion to $3.26 billion. For the next year, analysts forecast that the firm will report sales of $3.87 billion, with estimates ranging from $3.78 billion to $3.94 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Five Below.
Five Below (NASDAQ:FIVE – Get Rating) last issued its quarterly earnings results on Wednesday, March 30th. The specialty retailer reported $2.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.48 by $0.01. The company had revenue of $996.30 million during the quarter, compared to analyst estimates of $1.01 billion. Five Below had a net margin of 9.79% and a return on equity of 27.29%. Five Below’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same period last year, the business earned $2.20 EPS.
Shares of Five Below stock traded up $5.53 during trading on Friday, hitting $182.53. The company’s stock had a trading volume of 6,957 shares, compared to its average volume of 880,400. The company has a fifty day simple moving average of $164.32 and a two-hundred day simple moving average of $181.19. The company has a market capitalization of $10.17 billion, a PE ratio of 35.76, a P/E/G ratio of 1.67 and a beta of 1.38. Five Below has a 52 week low of $143.44 and a 52 week high of $237.86.
Several institutional investors and hedge funds have recently bought and sold shares of the stock. CNA Financial Corp boosted its holdings in shares of Five Below by 1.2% in the fourth quarter. CNA Financial Corp now owns 5,140 shares of the specialty retailer’s stock worth $1,063,000 after buying an additional 60 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of Five Below by 0.4% in the third quarter. Arizona State Retirement System now owns 15,252 shares of the specialty retailer’s stock worth $2,697,000 after buying an additional 65 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of Five Below by 7.0% in the fourth quarter. Fifth Third Bancorp now owns 1,015 shares of the specialty retailer’s stock worth $210,000 after buying an additional 66 shares during the last quarter. People s United Financial Inc. boosted its holdings in shares of Five Below by 1.0% in the third quarter. People s United Financial Inc. now owns 7,284 shares of the specialty retailer’s stock worth $1,288,000 after buying an additional 74 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Five Below by 71.3% in the third quarter. O Shaughnessy Asset Management LLC now owns 185 shares of the specialty retailer’s stock worth $33,000 after buying an additional 77 shares during the last quarter. 99.35% of the stock is currently owned by institutional investors.
About Five Below (Get Rating)
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 dÃ©cor, and related items, as well as provides storage options for the customers room.
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