Victoria’s Secret & Co. (NYSE:VSCO) Given New $21.00 Price Target at UBS Group

Victoria’s Secret & Co. (NYSE:VSCO) had its target price reduced by UBS Group from $24.00 to $21.00 in a research report sent to investors on Thursday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Several other research firms have also issued reports on VSCO. Barclays restated an “overweight” rating and issued a $23.00 price target (up from $22.00) on shares of Victoria’s Secret & Co. in a research report on Thursday, June 12th. Wall Street Zen lowered shares of Victoria’s Secret & Co. from a “hold” rating to a “sell” rating in a research report on Saturday, August 2nd. Jefferies Financial Group decreased their price target on shares of Victoria’s Secret & Co. from $42.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, May 21st. Telsey Advisory Group restated a “market perform” rating and issued a $24.00 price target on shares of Victoria’s Secret & Co. in a research report on Thursday. Finally, The Goldman Sachs Group reiterated a “sell” rating and set a $15.00 target price on shares of Victoria’s Secret & Co. in a research report on Wednesday, June 4th. Four research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $24.73.

Victoria’s Secret & Co. Stock Performance

NYSE VSCO opened at $21.3320 on Thursday. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.16 and a quick ratio of 0.33. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 10.67, a P/E/G ratio of 1.21 and a beta of 2.17. The company’s fifty day moving average is $20.08 and its two-hundred day moving average is $21.31. Victoria’s Secret & Co. has a 52-week low of $13.76 and a 52-week high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its quarterly earnings results on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.09. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Victoria’s Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. The business’s quarterly revenue was down .5% on a year-over-year basis. During the same period last year, the business posted $0.12 EPS. Victoria’s Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. Equities research analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Institutional Trading of Victoria’s Secret & Co.

Several institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in Victoria’s Secret & Co. by 1,209.6% during the 1st quarter. GAMMA Investing LLC now owns 45,651 shares of the company’s stock valued at $848,000 after purchasing an additional 42,165 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Victoria’s Secret & Co. by 54.2% during the 1st quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company’s stock valued at $26,570,000 after purchasing an additional 502,622 shares during the last quarter. Arena Capital Advisors LLC CA bought a new position in Victoria’s Secret & Co. during the 1st quarter valued at about $484,000. Tremblant Capital Group lifted its holdings in Victoria’s Secret & Co. by 137.1% during the 4th quarter. Tremblant Capital Group now owns 550,135 shares of the company’s stock valued at $22,787,000 after purchasing an additional 318,080 shares during the last quarter. Finally, Peregrine Capital Management LLC lifted its holdings in Victoria’s Secret & Co. by 30.8% during the 1st quarter. Peregrine Capital Management LLC now owns 223,581 shares of the company’s stock valued at $4,154,000 after purchasing an additional 52,618 shares during the last quarter. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Victoria’s Secret & Co. Company Profile

Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.