UBS Maintains Five Below Inc to Buy with Price Target $55.00

Brokerage firm UBS Maintains its rating on Five Below Inc(NASDAQ:FIVE). In a research note issued to the investors, the brokerage major Raises the price-target to $55.00 per share. The shares have been rated Buy. The rating by UBS was issued on Aug 5, 2016.

In a different note, On Aug 1, 2016, Deutsche Bank said it Maintains its rating on Five Below Inc. In the research note, the firm Raises the price-target to $39.00 per share. The shares have been rated ‘Hold’ by the firm. On Jun 3, 2016, Morgan Stanley said it Maintains its rating on Five Below Inc. In the research note, the firm Raises the price-target to $34.00 per share. The shares have been rated ‘Equal-weight’ by the firm. On Jun 3, 2016, Jefferies said it Maintains its rating on Five Below Inc. In the research note, the firm Raises the price-target to $48.00 per share. The shares have been rated ‘Buy’ by the firm.

Five Below Inc (FIVE) shares turned negative on Wednesdays trading session with the shares closing down -1.18 points or -2.48% at a volume of 11,99,981. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $47.66. The peak price level was also seen at $47.66 while the days lowest was $46.24. Finally the shares closed at $46.42. The 52-week high of the shares is $52.7 while the 52-week low is $26.95. According to the latest information available, the market cap of the company is $2,540 M.

Five Below Inc(FIVE) last announced its earnings results on Jun 2, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $192.72M. Analysts had an estimated revenue of $188.20M. Earnings per share were $0.12. Analysts had estimated an EPS of $0.10.

Several Insider Transactions has been reported to the SEC. On Jun 9, 2016, Kenneth R Bull (CFO & Treas.) sold 34,600 shares at $45.06 per share price.Also, On Dec 16, 2015, Joel D Anderson (CEO) purchased 5,000 shares at $30.22 per share price.On Sep 24, 2015, David M Mussafer (director) purchased 90,000 shares at $33.35 per share price, according to the Form-4 filing with the securities and exchange commission.

Five Below Inc. (Five Below) is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers a range of products all priced at five dollars and below including select brands and licensed merchandise across a range of categories including Style Room Sports Tech Crafts Party Candy and Now. The Company operates 366 locations across 21 states. The Company’s stores have over 4000 stock-keeping units (SKUs) across a range of categories. The Company’s product groups include leisure fashion and home and party and snack. Leisure includes items such as sporting goods games toys tech books electronic accessories and arts and crafts. Fashion and home includes items such as personal accessories ‘attitude’ t-shirts beauty offerings home goods and storage options. Party and snack includes items such as party and seasonal goods greeting cards candy and other snacks and beverages.

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