Victoria’s Secret & Co. (NYSE:VSCO) Given New $50.00 Price Target at Telsey Advisory Group

Victoria’s Secret & Co. (NYSE:VSCO) had its target price hoisted by Telsey Advisory Group from $45.00 to $50.00 in a research note released on Monday morning, Marketbeat Ratings reports. Telsey Advisory Group currently has a market perform rating on the stock.

VSCO has been the topic of a number of other research reports. Zacks Research upgraded shares of Victoria’s Secret & Co. to a “hold” rating in a research note on Monday, August 11th. The Goldman Sachs Group upped their target price on shares of Victoria’s Secret & Co. from $32.00 to $47.00 and gave the stock a “neutral” rating in a research note on Monday. UBS Group increased their price target on shares of Victoria’s Secret & Co. from $46.00 to $60.00 and gave the company a “buy” rating in a report on Monday. Barclays reissued an “overweight” rating and set a $47.00 price target on shares of Victoria’s Secret & Co. in a research report on Monday, December 1st. Finally, Bank of America boosted their price objective on shares of Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a report on Friday, August 29th. Six analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $45.00.

Victoria’s Secret & Co. Stock Performance

Shares of NYSE VSCO opened at $50.87 on Monday. The stock’s 50-day moving average is $34.84 and its 200 day moving average is $26.35. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 24.81 and a beta of 2.24. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $51.66. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its quarterly earnings results on Friday, December 5th. The company reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.33. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.56% and a net margin of 2.67%.The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.50) EPS. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. On average, sell-side analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Hedge Funds Weigh In On Victoria’s Secret & Co.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Victoria’s Secret & Co. by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company’s stock valued at $166,599,000 after purchasing an additional 38,695 shares during the last quarter. Goldentree Asset Management LP increased its position in shares of Victoria’s Secret & Co. by 71.8% during the second quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company’s stock worth $55,242,000 after purchasing an additional 1,249,065 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Victoria’s Secret & Co. by 10.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,549,501 shares of the company’s stock valued at $69,187,000 after purchasing an additional 238,516 shares during the last quarter. Cramer Rosenthal Mcglynn LLC boosted its stake in shares of Victoria’s Secret & Co. by 32.0% during the third quarter. Cramer Rosenthal Mcglynn LLC now owns 2,363,850 shares of the company’s stock worth $64,155,000 after buying an additional 572,844 shares during the period. Finally, Primecap Management Co. CA grew its position in Victoria’s Secret & Co. by 1,586.7% in the 2nd quarter. Primecap Management Co. CA now owns 1,972,333 shares of the company’s stock valued at $36,528,000 after buying an additional 1,855,400 shares during the last quarter. Hedge funds and other institutional investors own 90.29% of the company’s stock.

About Victoria’s Secret & Co.

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.