Five Below, Inc. (NASDAQ:FIVE) – Equities researchers at KeyCorp reduced their FY2017 EPS estimates for shares of Five Below in a research note issued on Monday. KeyCorp analyst B. Thomas now forecasts that the brokerage will earn $1.30 per share for the year, down from their prior forecast of $1.32. KeyCorp has a “Overweight” rating and a $47.00 price target on the stock. KeyCorp also issued estimates for Five Below’s FY2018 earnings at $1.58 EPS.

FIVE has been the subject of a number of other research reports. Vetr upgraded Five Below from a “hold” rating to a “buy” rating and set a $46.72 target price for the company in a research note on Thursday, December 8th. Loop Capital reaffirmed a “buy” rating and issued a $54.00 price target on shares of Five Below in a research note on Wednesday. Longbow Research started coverage on Five Below in a research note on Wednesday, October 26th. They issued a “buy” rating and a $45.00 price target on the stock. Guggenheim reiterated a “buy” rating and issued a $52.00 price objective on shares of Five Below in a report on Sunday, December 4th. Finally, RBC Capital Markets reiterated a “buy” rating and issued a $54.00 price objective on shares of Five Below in a report on Thursday, January 5th. Seven equities research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $47.93.

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

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Five Below (NASDAQ:FIVE) traded up 0.54% during midday trading on Thursday, hitting $41.01. 144,323 shares of the company were exchanged. The stock has a 50 day moving average of $40.71 and a 200-day moving average of $42.95. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 35.41 and a beta of 1.03. Five Below has a 1-year low of $31.97 and a 1-year high of $52.70.

Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, December 1st. The company reported $0.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.09 by $0.01. Five Below had a net margin of 6.82% and a return on equity of 24.48%. The firm earned $199.50 million during the quarter. During the same period in the prior year, the company earned $0.08 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis.

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Five Below by 6.7% in the second quarter. Vanguard Group Inc. now owns 4,320,333 shares of the company’s stock worth $200,507,000 after buying an additional 272,191 shares during the period. BlackRock Fund Advisors boosted its stake in Five Below by 8.3% in the third quarter. BlackRock Fund Advisors now owns 3,784,516 shares of the company’s stock worth $152,478,000 after buying an additional 290,305 shares during the period. Capital Research Global Investors boosted its stake in Five Below by 0.4% in the third quarter. Capital Research Global Investors now owns 2,757,120 shares of the company’s stock worth $111,084,000 after buying an additional 10,900 shares during the period. Wells Fargo & Company MN boosted its stake in Five Below by 45.8% in the third quarter. Wells Fargo & Company MN now owns 2,191,769 shares of the company’s stock worth $88,307,000 after buying an additional 688,359 shares during the period. Finally, Riverbridge Partners LLC boosted its stake in Five Below by 13.0% in the third quarter. Riverbridge Partners LLC now owns 2,022,952 shares of the company’s stock worth $81,505,000 after buying an additional 232,643 shares during the period.

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Five Below Company Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company’s product groups include leisure, fashion and home, and party and snack.

5 Day Chart for NASDAQ:FIVE

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