Five Below (NASDAQ:FIVE) had its target price lifted by analysts at UBS from $52.00 to $64.00 in a research note issued on Friday, www.benzinga.com reports. The firm currently has a “neutral” rating on the specialty retailer’s stock. UBS’s target price would indicate a potential upside of 3.56% from the stock’s current price.

A number of other research analysts also recently issued reports on the stock. Royal Bank Of Canada boosted their target price on shares of Five Below from $56.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday, August 31st. BidaskClub upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Wednesday, August 23rd. Jefferies Group reiterated a “buy” rating and set a $62.00 target price on shares of Five Below in a research report on Thursday, August 31st. Finally, Loop Capital set a $60.00 target price on shares of Five Below and gave the company a “buy” rating in a research report on Monday, August 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Five Below currently has a consensus rating of “Buy” and a consensus target price of $60.97.

Shares of Five Below (NASDAQ FIVE) traded up $0.56 during midday trading on Friday, hitting $61.80. 3,442,800 shares of the stock were exchanged, compared to its average volume of 1,083,164. The firm has a market cap of $3,400.00, a P/E ratio of 41.55, a P/E/G ratio of 1.27 and a beta of 0.80. Five Below has a 1 year low of $36.90 and a 1 year high of $63.33.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.05. The firm had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.10 EPS. analysts predict that Five Below will post 1.66 earnings per share for the current year.

In other Five Below news, insider Thomas Vellios sold 142,573 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $55.13, for a total transaction of $7,860,049.49. Following the completion of the sale, the insider now owns 757,823 shares in the company, valued at approximately $41,778,781.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.92% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of FIVE. Teachers Advisors LLC grew its stake in shares of Five Below by 5.1% in the 1st quarter. Teachers Advisors LLC now owns 92,626 shares of the specialty retailer’s stock worth $4,012,000 after acquiring an additional 4,479 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Five Below in the 1st quarter worth $3,175,000. LS Investment Advisors LLC grew its stake in shares of Five Below by 0.8% in the 2nd quarter. LS Investment Advisors LLC now owns 4,732 shares of the specialty retailer’s stock worth $234,000 after acquiring an additional 39 shares in the last quarter. Acadian Asset Management LLC bought a new stake in shares of Five Below in the 2nd quarter worth $723,000. Finally, Strs Ohio grew its stake in shares of Five Below by 40.0% in the 2nd quarter. Strs Ohio now owns 4,200 shares of the specialty retailer’s stock worth $207,000 after acquiring an additional 1,200 shares in the last quarter.

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About Five Below

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. Its product groups include leisure, fashion and home, and party and snack.

Analyst Recommendations for Five Below (NASDAQ:FIVE)

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