UBS Group Raises Five Below (NASDAQ:FIVE) Price Target to $160.00

Five Below (NASDAQ:FIVE - Free Report) had its price objective upped by UBS Group from $110.00 to $160.00 in a research note released on Thursday,Benzinga reports. The brokerage currently has a buy rating on the specialty retailer's stock.

Several other equities analysts have also weighed in on the stock. Citigroup raised their price objective on shares of Five Below from $121.00 to $135.00 and gave the company a "neutral" rating in a research report on Wednesday. DA Davidson cut their price target on shares of Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Truist Financial upped their price objective on shares of Five Below from $81.00 to $112.00 and gave the stock a "hold" rating in a report on Monday. The Goldman Sachs Group increased their target price on shares of Five Below from $107.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Mizuho boosted their price target on Five Below from $88.00 to $100.00 and gave the stock a "neutral" rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat, Five Below currently has a consensus rating of "Hold" and a consensus target price of $110.40.

Five Below Price Performance

FIVE traded up $6.78 during trading on Thursday, reaching $128.02. 6,212,717 shares of the stock traded hands, compared to its average volume of 2,122,133. The stock's 50-day simple moving average is $86.32 and its two-hundred day simple moving average is $90.54. Five Below has a fifty-two week low of $52.38 and a fifty-two week high of $136.99. The stock has a market cap of $7.05 billion, a price-to-earnings ratio of 26.40, a price-to-earnings-growth ratio of 1.19 and a beta of 0.87.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. The company had revenue of $970.53 million during the quarter, compared to the consensus estimate of $966.29 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 19.5% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. Research analysts anticipate that Five Below will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the sale, the executive vice president now directly owns 12,658 shares of the company's stock, valued at $987,830.32. This represents a 4.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FIVE. Bank of Montreal Can lifted its stake in shares of Five Below by 1.0% in the fourth quarter. Bank of Montreal Can now owns 12,172 shares of the specialty retailer's stock valued at $1,278,000 after buying an additional 123 shares during the period. Treasurer of the State of North Carolina raised its holdings in Five Below by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 23,902 shares of the specialty retailer's stock valued at $2,509,000 after acquiring an additional 150 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Five Below by 2.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock worth $501,000 after acquiring an additional 155 shares during the period. Sterling Capital Management LLC grew its holdings in shares of Five Below by 13.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer's stock worth $143,000 after purchasing an additional 158 shares in the last quarter. Finally, Cornerstone Investment Partners LLC grew its holdings in shares of Five Below by 3.5% during the 4th quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer's stock worth $497,000 after purchasing an additional 162 shares in the last quarter.

Five Below Company Profile

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.