Victoria’s Secret & Co. (NYSE:VSCO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Victoria’s Secret & Co. (NYSE:VSCO) has been given an average rating of “Moderate Buy” by the fourteen analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $55.20.

Several research firms have issued reports on VSCO. Bank of America upgraded Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 target price on the stock in a research report on Monday, December 8th. Barclays reissued an “overweight” rating on shares of Victoria’s Secret & Co. in a report on Tuesday, January 6th. TD Cowen reaffirmed a “hold” rating on shares of Victoria’s Secret & Co. in a report on Monday, December 8th. Zacks Research raised shares of Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a report on Monday, December 8th. Finally, Wells Fargo & Company set a $45.00 price objective on shares of Victoria’s Secret & Co. and gave the company an “equal weight” rating in a research note on Tuesday, December 16th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Primecap Management Co. CA boosted its stake in Victoria’s Secret & Co. by 1,586.7% during the second 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 period. Goldentree Asset Management LP raised its holdings in shares of Victoria’s Secret & Co. by 71.8% in the 2nd quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company’s stock valued at $55,242,000 after acquiring an additional 1,249,065 shares in the last quarter. Marshall Wace LLP boosted its position in shares of Victoria’s Secret & Co. by 2,729.6% during the 2nd quarter. Marshall Wace LLP now owns 923,823 shares of the company’s stock valued at $17,109,000 after acquiring an additional 891,175 shares during the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Victoria’s Secret & Co. during the third quarter worth about $20,870,000. Finally, Bridgeway Capital Management LLC bought a new position in shares of Victoria’s Secret & Co. in the third quarter worth approximately $17,644,000. Hedge funds and other institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Price Performance

Shares of NYSE:VSCO opened at $59.99 on Wednesday. The firm has a market capitalization of $4.82 billion, a PE ratio of 29.26, a P/E/G ratio of 2.17 and a beta of 2.21. The company has a quick ratio of 0.38, a current ratio of 1.30 and a debt-to-equity ratio of 1.96. The company has a 50-day moving average price of $54.79 and a two-hundred day moving average price of $37.12. Victoria’s Secret & Co. has a twelve month low of $13.76 and a twelve month high of $66.89.

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, beating analysts’ consensus estimates of ($0.60) by $0.33. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. Victoria’s Secret & Co.’s revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($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. Equities analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

About Victoria’s Secret & Co.

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.