Victoria’s Secret & Co. (NYSE:VSCO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Victoria’s Secret & Co. (NYSE:VSCOGet Rating) has earned an average recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $53.23.

VSCO has been the subject of several recent research reports. Cowen assumed coverage on shares of Victoria’s Secret & Co. in a report on Monday, August 1st. They set a “market perform” rating and a $40.00 target price for the company. UBS Group increased their price objective on shares of Victoria’s Secret & Co. to $43.00 in a research note on Wednesday. JPMorgan Chase & Co. raised their target price on shares of Victoria’s Secret & Co. from $48.00 to $51.00 in a report on Friday, September 16th. Cowen assumed coverage on shares of Victoria’s Secret & Co. in a research note on Monday, August 1st. They issued a “market perform” rating and a $40.00 price target on the stock. Finally, Morgan Stanley reduced their price target on shares of Victoria’s Secret & Co. from $51.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, August 26th.

Institutional Trading of Victoria’s Secret & Co.

Large investors have recently made changes to their positions in the business. Teachers Retirement System of The State of Kentucky grew its position in Victoria’s Secret & Co. by 0.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 48,668 shares of the company’s stock worth $2,500,000 after acquiring an additional 268 shares during the last quarter. Profund Advisors LLC raised its position in Victoria’s Secret & Co. by 7.0% during the first quarter. Profund Advisors LLC now owns 4,414 shares of the company’s stock valued at $227,000 after purchasing an additional 288 shares in the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Victoria’s Secret & Co. by 0.4% in the third quarter. Crossmark Global Holdings Inc. now owns 79,636 shares of the company’s stock worth $2,319,000 after purchasing an additional 292 shares during the last quarter. Captrust Financial Advisors boosted its position in Victoria’s Secret & Co. by 26.7% during the 2nd quarter. Captrust Financial Advisors now owns 1,561 shares of the company’s stock valued at $44,000 after acquiring an additional 329 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Victoria’s Secret & Co. by 1.6% during the first quarter. Treasurer of the State of North Carolina now owns 27,528 shares of the company’s stock valued at $1,414,000 after purchasing an additional 433 shares during the last quarter. Institutional investors own 96.39% of the company’s stock.

Victoria’s Secret & Co. Trading Down 4.9 %

Shares of VSCO stock opened at $42.28 on Thursday. Victoria’s Secret & Co. has a 1-year low of $26.14 and a 1-year high of $65.20. The business’s fifty day moving average price is $35.37 and its 200 day moving average price is $36.65. The company has a debt-to-equity ratio of 3.63, a current ratio of 1.07 and a quick ratio of 0.32. The firm has a market capitalization of $3.44 billion, a PE ratio of 8.02, a P/E/G ratio of 1.14 and a beta of 1.91.

Victoria’s Secret & Co. (NYSE:VSCOGet Rating) last released its earnings results on Wednesday, August 24th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.18. The firm had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.56 billion. Victoria’s Secret & Co. had a return on equity of 198.36% and a net margin of 7.13%. The company’s quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.71 earnings per share. As a group, sell-side analysts forecast that Victoria’s Secret & Co. will post 4.68 EPS for the current fiscal year.

Victoria’s Secret & Co. Company Profile

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Victoria's Secret & Co operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands.

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Analyst Recommendations for Victoria's Secret & Co. (NYSE:VSCO)

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