Victoria’s Secret & Co. (NYSE:VSCO) Given Average Rating of “Reduce” by Brokerages

Victoria’s Secret & Co. (NYSE:VSCOGet Free Report) has received a consensus recommendation of “Reduce” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $22.00.

VSCO has been the subject of several recent analyst reports. Wells Fargo & Company cut their price target on Victoria’s Secret & Co. from $32.00 to $25.00 and set an “overweight” rating for the company in a research note on Thursday, March 7th. Telsey Advisory Group cut their price target on Victoria’s Secret & Co. from $29.00 to $20.00 and set a “market perform” rating for the company in a research note on Thursday, March 7th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $15.00 price target (down previously from $22.00) on shares of Victoria’s Secret & Co. in a research note on Thursday, March 7th. Bank of America restated an “underperform” rating and issued a $15.00 price target (down previously from $34.00) on shares of Victoria’s Secret & Co. in a research note on Friday, March 8th. Finally, BMO Capital Markets cut their price target on Victoria’s Secret & Co. from $29.00 to $26.00 and set an “outperform” rating for the company in a research note on Thursday, March 7th.

View Our Latest Analysis on Victoria’s Secret & Co.

Victoria’s Secret & Co. Stock Performance

Shares of VSCO stock opened at $19.38 on Friday. The stock has a market cap of $1.50 billion, a PE ratio of 14.25, a price-to-earnings-growth ratio of 1.22 and a beta of 2.17. The business has a 50-day simple moving average of $24.62 and a 200-day simple moving average of $22.42. The company has a quick ratio of 0.31, a current ratio of 0.95 and a debt-to-equity ratio of 2.56. Victoria’s Secret & Co. has a 52-week low of $13.62 and a 52-week high of $34.97.

Victoria’s Secret & Co. (NYSE:VSCOGet Free Report) last issued its quarterly earnings data on Wednesday, March 6th. The company reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.46 by $0.12. The business had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Victoria’s Secret & Co. had a return on equity of 56.40% and a net margin of 1.77%. On average, equities analysts expect that Victoria’s Secret & Co. will post 1.68 EPS for the current year.

Institutional Investors Weigh In On Victoria’s Secret & Co.

Several large investors have recently bought and sold shares of VSCO. CWM LLC boosted its holdings in shares of Victoria’s Secret & Co. by 126.8% during the 3rd quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $27,000 after purchasing an additional 914 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Victoria’s Secret & Co. by 774.0% during the 1st quarter. Parkside Financial Bank & Trust now owns 638 shares of the company’s stock worth $33,000 after purchasing an additional 565 shares during the last quarter. Lazard Asset Management LLC acquired a new position in shares of Victoria’s Secret & Co. during the 2nd quarter worth approximately $40,000. GAMMA Investing LLC acquired a new position in shares of Victoria’s Secret & Co. during the 4th quarter worth approximately $41,000. Finally, Captrust Financial Advisors boosted its holdings in shares of Victoria’s Secret & Co. by 26.7% during the 2nd quarter. Captrust Financial Advisors now owns 1,561 shares of the company’s stock worth $44,000 after purchasing an additional 329 shares during the last quarter. 90.29% of the stock is currently owned by hedge funds and other institutional investors.

Victoria’s Secret & Co. Company Profile

(Get Free Report

Victoria's Secret & Co operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.

Recommended Stories

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

Receive News & Ratings for Victoria's Secret & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Victoria's Secret & Co. and related companies with MarketBeat.com's FREE daily email newsletter.