Five Below (FIVE) to Release Earnings on Wednesday

Five Below (NASDAQ:FIVE - Get Free Report) will likely be announcing its earnings results before the market opens on Wednesday, March 19th. Analysts expect the company to announce earnings of $3.35 per share and revenue of $1.38 billion for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

Five Below Stock Performance

Shares of FIVE opened at $75.58 on Wednesday. Five Below has a one year low of $64.87 and a one year high of $209.79. The stock has a market cap of $4.16 billion, a P/E ratio of 15.58, a P/E/G ratio of 1.19 and a beta of 1.11. The stock has a 50-day moving average of $92.00 and a two-hundred day moving average of $92.97.

Insiders Place Their Bets

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the sale, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.90% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

FIVE has been the topic of several research reports. StockNews.com downgraded shares of Five Below from a "hold" rating to a "sell" rating in a report on Friday, December 13th. Morgan Stanley upped their price objective on shares of Five Below from $100.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 5th. Citigroup upped their target price on Five Below from $85.00 to $96.00 and gave the stock a "neutral" rating in a research note on Monday, December 2nd. Craig Hallum upped their price target on shares of Five Below from $125.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $115.00 price objective on shares of Five Below in a report on Tuesday, January 14th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $111.32.

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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.

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