Five Below (NASDAQ:FIVE) updated its FY 2018 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.60-2.64 for the period, compared to the Thomson Reuters consensus estimate of $2.58. The company issued revenue guidance of $1.55-1.557 billion, compared to the consensus revenue estimate of $1.54 billion.Five Below also updated its Q4 2018 guidance to $1.53-1.57 EPS.

Several equities analysts have recently weighed in on FIVE shares. ValuEngine lowered Five Below from a strong-buy rating to a buy rating in a research note on Thursday. Credit Suisse Group reaffirmed a neutral rating and issued a $115.00 price objective (down from $125.00) on shares of Five Below in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Five Below to $153.00 in a research note on Sunday, December 2nd. Zacks Investment Research lowered Five Below from a buy rating to a hold rating in a research note on Wednesday, November 28th. Finally, Loop Capital reduced their price objective on Five Below to $110.00 and set a hold rating on the stock in a research note on Tuesday, November 27th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The stock has an average rating of Buy and a consensus price target of $119.00.

NASDAQ FIVE opened at $101.79 on Friday. The stock has a market capitalization of $5.83 billion, a PE ratio of 56.87, a PEG ratio of 1.37 and a beta of 0.52. Five Below has a 1-year low of $60.00 and a 1-year high of $136.13.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Thursday, December 6th. The specialty retailer reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. The business had revenue of $312.82 million for the quarter, compared to analyst estimates of $303.54 million. Five Below had a return on equity of 25.14% and a net margin of 8.74%. Sell-side analysts anticipate that Five Below will post 2.54 earnings per share for the current fiscal year.

In related news, EVP Michael Romanko sold 3,308 shares of the business’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $126.00, for a total transaction of $416,808.00. Following the transaction, the executive vice president now directly owns 18,092 shares of the company’s stock, valued at approximately $2,279,592. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David N. Makuen sold 12,000 shares of the business’s stock in a transaction that occurred on Thursday, October 18th. The stock was sold at an average price of $116.43, for a total value of $1,397,160.00. Following the transaction, the insider now directly owns 20,863 shares in the company, valued at $2,429,079.09. The disclosure for this sale can be found here. Insiders have sold a total of 19,303 shares of company stock worth $2,346,022 over the last three months. 2.60% of the stock is currently owned by corporate insiders.

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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 beauty products comprising nail polish, lip gloss, fragrance, 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 d├ęcor, and related items, as well as provides storage options for the customers room.

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Earnings History and Estimates for Five Below (NASDAQ:FIVE)

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