Victoria’s Secret & Co. (NYSE:VSCO) Sets New 12-Month High on Better-Than-Expected Earnings

Victoria’s Secret & Co. (NYSE:VSCO) hit a new 52-week high on Friday following a better than expected earnings announcement. The company traded as high as $48.95 and last traded at $49.7740, with a volume of 1788301 shares traded. The stock had previously closed at $41.57.

The company reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter in the previous year, the business posted ($0.50) earnings per share. Victoria’s Secret & Co.’s quarterly revenue was up 9.2% on a year-over-year basis. 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.

Wall Street Analysts Forecast Growth

VSCO has been the topic of a number of analyst reports. Wells Fargo & Company increased their target price on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the stock an “underweight” rating in a research report on Friday, August 29th. Telsey Advisory Group boosted their price target on Victoria’s Secret & Co. from $29.00 to $45.00 and gave the company a “market perform” rating in a research note on Tuesday, December 2nd. UBS Group reissued a “buy” rating on shares of Victoria’s Secret & Co. in a research report on Monday, November 24th. Barclays reaffirmed an “overweight” rating and issued a $47.00 price objective on shares of Victoria’s Secret & Co. in a report on Monday, December 1st. Finally, Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a research report on Saturday. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Victoria’s Secret & Co. presently has a consensus rating of “Hold” and a consensus price target of $39.09.

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

A number of institutional investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd bought a new stake in shares of Victoria’s Secret & Co. during the 3rd quarter worth $30,000. Virtus Advisers LLC bought a new position in Victoria’s Secret & Co. in the first quarter valued at about $30,000. State of Wyoming acquired a new position in Victoria’s Secret & Co. during the third quarter worth about $48,000. Caitong International Asset Management Co. Ltd acquired a new position in Victoria’s Secret & Co. during the second quarter worth about $35,000. Finally, Quantbot Technologies LP bought a new position in shares of Victoria’s Secret & Co. in the third quarter worth about $53,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

Victoria’s Secret & Co. Price Performance

The business’s fifty day moving average price is $34.35 and its 200 day moving average price is $26.13. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36. The stock has a market cap of $3.93 billion, a P/E ratio of 23.91 and a beta of 2.24.

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.