Five Below Inc (NASDAQ:FIVE) – Jefferies Financial Group increased their Q4 2020 EPS estimates for shares of Five Below in a note issued to investors on Thursday, December 5th. Jefferies Financial Group analyst R. Konik now expects that the specialty retailer will earn $2.04 per share for the quarter, up from their prior estimate of $2.03.
Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The company had revenue of $377.40 million during the quarter, compared to analysts’ expectations of $373.64 million. Five Below had a net margin of 9.26% and a return on equity of 24.52%. Five Below’s revenue was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.24 EPS.
FIVE has been the subject of a number of other reports. Wells Fargo & Co upped their price target on Five Below from $143.00 to $152.00 and gave the company an “outperform” rating in a research report on Thursday, September 5th. Loop Capital set a $145.00 price objective on Five Below and gave the stock a “buy” rating in a research report on Monday, September 23rd. ValuEngine lowered Five Below from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Deutsche Bank set a $146.00 target price on Five Below and gave the company a “buy” rating in a report on Monday, August 26th. Finally, Barclays reaffirmed a “neutral” rating on shares of Five Below in a research note on Friday, August 30th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $137.78.
Shares of Five Below stock opened at $118.06 on Friday. The stock has a market cap of $6.89 billion, a P/E ratio of 45.94, a P/E/G ratio of 1.68 and a beta of 0.53. The stock’s 50 day simple moving average is $125.89 and its 200-day simple moving average is $124.47. Five Below has a 1-year low of $86.57 and a 1-year high of $148.21. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.98 and a quick ratio of 1.09.
A number of hedge funds have recently made changes to their positions in FIVE. Winslow Capital Management LLC acquired a new position in shares of Five Below in the 2nd quarter worth approximately $176,413,000. Third Point LLC acquired a new position in Five Below during the third quarter worth $107,185,000. TimesSquare Capital Management LLC acquired a new position in Five Below during the second quarter worth $66,875,000. Nuveen Asset Management LLC grew its stake in shares of Five Below by 14,633.0% in the second quarter. Nuveen Asset Management LLC now owns 318,381 shares of the specialty retailer’s stock valued at $38,213,000 after buying an additional 316,220 shares in the last quarter. Finally, Marshall Wace North America L.P. grew its stake in shares of Five Below by 1,792.8% in the second quarter. Marshall Wace North America L.P. now owns 268,423 shares of the specialty retailer’s stock valued at $32,216,000 after buying an additional 254,242 shares in the last quarter. 97.12% of the stock is owned by institutional investors.
In other Five Below news, Director Thomas Vellios sold 60,000 shares of the firm’s stock in a transaction on Thursday, October 17th. The stock was sold at an average price of $133.31, for a total transaction of $7,998,600.00. Following the completion of the sale, the director now owns 604,186 shares of the company’s stock, valued at $80,544,035.66. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.50% of the stock is owned by company insiders.
Five Below Company Profile
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 décor, and related items, as well as provides storage options for the customers room.
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