Five Below (NASDAQ:FIVE) Issues Q4 Earnings Guidance

Five Below (NASDAQ:FIVE - Get Free Report) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of $3.23-3.41 for the period, compared to the consensus EPS 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.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on FIVE shares. Morgan Stanley upped their target price on Five Below from $100.00 to $120.00 and gave the company an "equal weight" rating in a research report on Thursday, December 5th. William Blair reiterated a "market perform" rating on shares of Five Below in a research note on Monday, December 2nd. Evercore ISI raised their target price on shares of Five Below from $100.00 to $104.00 and gave the company an "in-line" rating in a report on Tuesday, October 22nd. Barclays upped their price target on shares of Five Below from $90.00 to $100.00 and gave the stock an "equal weight" rating in a report on Thursday, December 5th. Finally, The Goldman Sachs Group lifted their price objective on shares of Five Below from $106.00 to $122.00 and gave the company a "buy" rating in a research note on Friday, December 6th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $116.00.

Five Below Stock Performance

Shares of NASDAQ:FIVE traded down $3.30 during mid-day trading on Monday, reaching $99.90. 3,008,885 shares of the company's stock were exchanged, compared to its average volume of 2,275,526. 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 twelve month low of $64.87 and a twelve month high of $212.01. The business's fifty day moving average price is $98.52 and its 200-day moving average price is $91.02.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.26. The company had revenue of $843.71 million during the quarter, compared to analysts' expectations of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business's quarterly revenue was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.26 earnings per share. Analysts predict that Five Below will post 4.94 EPS for the current fiscal year.

About Five Below

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.