Five Below (NASDAQ:FIVE) Given New $110.00 Price Target at UBS Group

Five Below (NASDAQ:FIVE - Free Report) had its price target decreased by UBS Group from $150.00 to $110.00 in a research report report published on Thursday morning,Benzinga reports. UBS Group currently has a buy rating on the specialty retailer's stock.

Other equities analysts have also recently issued research reports about the company. Telsey Advisory Group lowered their target price on Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 18th. JPMorgan Chase & Co. dropped 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. Citigroup lifted their target price 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. Bank of America dropped their price target on shares of Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a research note on Thursday. Finally, Barclays cut their price objective on Five Below from $100.00 to $93.00 and set an "equal weight" rating for the company in a report on Thursday. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $102.16.

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Five Below Stock Performance

Shares of NASDAQ:FIVE traded up $2.99 during mid-day trading on Thursday, hitting $79.23. The stock had a trading volume of 1,837,395 shares, compared to its average volume of 1,762,499. The company's 50 day moving average is $87.34 and its 200-day moving average is $92.78. Five Below has a 12-month low of $64.87 and a 12-month high of $185.48. The company has a market cap of $4.36 billion, a PE ratio of 16.34, a P/E/G ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the business earned $3.65 EPS. The company's revenue was up 4.0% on a year-over-year basis. On average, equities research analysts predict that Five Below will post 4.93 EPS 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 business's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares of the company's stock, valued at $987,830.32. The trade was a 4.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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 the stock. Steadfast Capital Management LP bought a new stake in shares of Five Below in the fourth quarter valued at about $123,601,000. Marshall Wace LLP raised its holdings in Five Below by 86.0% in the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock valued at $243,529,000 after acquiring an additional 1,072,642 shares in the last quarter. Atreides Management LP acquired a new position in Five Below in the 3rd quarter valued at approximately $68,649,000. Two Sigma Advisers LP bought a new stake in shares of Five Below in the 3rd quarter worth approximately $64,981,000. Finally, Norges Bank acquired a new stake in shares of Five Below during the 4th quarter worth approximately $66,933,000.

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.