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

Victoria’s Secret & Co. (NYSE:VSCO) has been assigned an average rating of “Hold” from the eleven research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $42.36.

Several research analysts have weighed in on the company. BMO Capital Markets lifted their target price on Victoria’s Secret & Co. from $33.00 to $46.00 and gave the stock an “outperform” rating in a report on Friday, December 6th. TD Cowen raised their target price on shares of Victoria’s Secret & Co. from $35.00 to $45.00 and gave the stock a “hold” rating in a report on Monday, December 9th. JPMorgan Chase & Co. raised shares of Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and increased their price objective for the stock from $29.00 to $45.00 in a research report on Monday, December 9th. Jefferies Financial Group boosted their price target on Victoria’s Secret & Co. from $30.00 to $40.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Finally, Telsey Advisory Group cut their target price on Victoria’s Secret & Co. from $50.00 to $40.00 and set a “market perform” rating on the stock in a research note on Thursday, January 30th.

Institutional Trading of Victoria’s Secret & Co.

Large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio bought a new stake in Victoria’s Secret & Co. during the fourth quarter worth $112,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Victoria’s Secret & Co. by 33.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 155,355 shares of the company’s stock valued at $6,435,000 after acquiring an additional 38,820 shares during the last quarter. Tremblant Capital Group boosted its holdings in shares of 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 acquiring an additional 318,080 shares in the last quarter. State of Wyoming grew its position in Victoria’s Secret & Co. by 173.2% during the 4th quarter. State of Wyoming now owns 6,245 shares of the company’s stock worth $259,000 after acquiring an additional 3,959 shares during the last quarter. Finally, Shellback Capital LP bought a new stake in shares of Victoria’s Secret & Co. during the fourth quarter worth about $3,728,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

Victoria’s Secret & Co. Stock Down 0.5 %

Shares of NYSE:VSCO opened at $28.48 on Wednesday. The company has a debt-to-equity ratio of 3.12, a current ratio of 1.17 and a quick ratio of 0.33. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 14.75, a P/E/G ratio of 1.15 and a beta of 2.11. The company has a 50 day moving average of $36.74 and a 200-day moving average of $32.49. Victoria’s Secret & Co. has a one year low of $15.12 and a one year high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings data on Thursday, December 5th. The company reported ($0.50) EPS for the quarter, beating analysts’ consensus estimates of ($0.62) by $0.12. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.29 billion. Victoria’s Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.86) earnings per share. On average, sell-side analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

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.