UBS Group Lowers Five Below (NASDAQ:FIVE) Price Target to $110.00

Five Below (NASDAQ:FIVE) had its target price dropped by analysts at UBS Group from $150.00 to $110.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the specialty retailer’s stock. UBS Group’s target price would suggest a potential upside of 44.28% from the company’s current price.

A number of other equities research analysts also recently weighed in on FIVE. Loop Capital lowered their target price on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a report on Tuesday. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Mizuho boosted their target price on shares of Five Below from $90.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, December 6th. Morgan Stanley reduced their price target on shares of Five Below from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Thursday. Finally, Truist Financial decreased their price target on shares of Five Below from $93.00 to $86.00 and set a “hold” rating for the company in a research note on Thursday. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $102.16.

Five Below Stock Up 0.2 %

FIVE opened at $76.24 on Thursday. Five Below has a twelve month low of $64.87 and a twelve month high of $185.48. The company has a fifty day moving average of $87.76 and a 200-day moving average of $92.52. The stock has a market cap of $4.19 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the firm posted $3.65 earnings per share. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. Sell-side analysts anticipate that Five Below will post 4.93 EPS for the current fiscal year.

Insider Activity

In related news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value 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 approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Hedge Funds Weigh In On Five Below

A number of hedge funds have recently bought and sold shares of FIVE. Brooklyn Investment Group purchased a new stake in shares of Five Below in the third quarter valued at about $30,000. Proficio Capital Partners LLC bought a new stake in Five Below in the 4th quarter worth about $31,000. UMB Bank n.a. increased its stake in Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Five Below during the 3rd quarter worth approximately $42,000. Finally, Coppell Advisory Solutions LLC lifted its position in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after buying an additional 253 shares in the last quarter.

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.