Five Below (NASDAQ:FIVE) issued an update on its fourth quarter 2018 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $1.53-1.57 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.55. The company issued revenue guidance of $593-600 million, compared to the consensus revenue estimate of $591.19 million.Five Below also updated its FY 2018 guidance to $2.60-2.64 EPS.

Five Below stock traded down $4.43 during trading on Thursday, reaching $100.15. 36,932 shares of the company were exchanged, compared to its average volume of 1,073,673. Five Below has a 52-week low of $60.00 and a 52-week high of $136.13. The company has a market cap of $5.83 billion, a price-to-earnings ratio of 56.01, a PEG ratio of 1.37 and a beta of 0.52.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 5th. The specialty retailer reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.05. Five Below had a return on equity of 25.97% and a net margin of 8.83%. The firm had revenue of $312.82 million for the quarter, compared to the consensus estimate of $303.54 million. Equities analysts predict that Five Below will post 2.54 EPS for the current fiscal year.

A number of equities research analysts have commented on FIVE shares. JPMorgan Chase & Co. reduced their target price on Five Below to $153.00 in a research report on Sunday. Morgan Stanley lifted their target price on Five Below from $94.00 to $103.00 and gave the company a hold rating in a research report on Friday, September 7th. Dougherty & Co upgraded Five Below from a neutral rating to a buy rating and set a $130.00 target price on the stock in a research report on Monday, November 26th. BidaskClub downgraded Five Below from a buy rating to a hold rating in a research report on Tuesday, November 27th. Finally, Loop Capital reduced their target price on Five Below to $110.00 and set a hold rating on the stock in a research report on Tuesday, November 27th. Eight analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Buy and an average target price of $119.00.

In other Five Below news, Director Daniel Kaufman sold 3,995 shares of Five Below stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $133.18, for a total value of $532,054.10. Following the sale, the director now owns 5,047 shares in the company, valued at $672,159.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David N. Makuen sold 12,000 shares of the business’s stock in a transaction on Thursday, October 18th. The shares were sold at an average price of $116.43, for a total value of $1,397,160.00. Following the completion of the sale, the insider now owns 20,863 shares in the company, valued at approximately $2,429,079.09. The disclosure for this sale can be found here. Insiders sold 19,303 shares of company stock worth $2,346,022 in the last 90 days. Company insiders own 2.60% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Five Below (FIVE) Updates Q4 2018 Earnings Guidance” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.watchlistnews.com/five-below-five-updates-q4-2018-earnings-guidance/2664587.html.

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.

Further Reading: Return on Equity (ROE)

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

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.