Five Below (FIVE) Expected to Announce Earnings on Wednesday

Five Below (NASDAQ:FIVE) is expected to be issuing its quarterly earnings data 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. Parties interested in participating in the company’s conference call can do so using this link.

Five Below Trading Up 1.0 %

Shares of FIVE opened at $73.00 on Monday. Five Below has a 12 month low of $64.87 and a 12 month high of $209.79. The firm’s 50 day moving average is $90.35 and its 200-day moving average is $92.79. The stock has a market capitalization of $4.02 billion, a PE ratio of 15.05, a P/E/G ratio of 1.19 and a beta of 1.11.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Barclays lifted their price objective on shares of Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Citigroup lifted their price objective on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. Telsey Advisory Group reissued a “market perform” rating and issued a $115.00 price objective on shares of Five Below in a research note on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price objective on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th. Finally, Craig Hallum lifted their price objective on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $111.32.

Insider Buying and Selling at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.90% of the company’s stock.

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.