Victoria’s Secret & Co. (NYSE:VSCO) Price Target Raised to $80.00

Victoria’s Secret & Co. (NYSE:VSCO) had its target price boosted by Barclays from $65.00 to $80.00 in a report published on Monday morning,Benzinga reports. They currently have an overweight rating on the stock.

VSCO has been the subject of a number of other research reports. JPMorgan Chase & Co. upgraded Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $34.00 to $60.00 in a report on Friday, December 5th. Telsey Advisory Group boosted their target price on Victoria’s Secret & Co. from $66.00 to $71.00 and gave the stock an “outperform” rating in a report on Monday. TD Cowen restated a “hold” rating on shares of Victoria’s Secret & Co. in a research note on Monday, December 8th. UBS Group reaffirmed a “buy” rating on shares of Victoria’s Secret & Co. in a report on Monday, February 23rd. Finally, Wall Street Zen upgraded shares of Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Seven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.00.

Victoria’s Secret & Co. Price Performance

NYSE:VSCO opened at $60.22 on Monday. The stock has a market capitalization of $4.83 billion, a PE ratio of 29.38, a P/E/G ratio of 2.29 and a beta of 2.19. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $66.89. The firm has a fifty day simple moving average of $59.56 and a 200 day simple moving average of $42.89. The company has a current ratio of 1.30, a quick ratio of 0.38 and a debt-to-equity ratio of 1.96.

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. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the company posted ($0.50) earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. 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, research analysts expect that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Institutional Trading of Victoria’s Secret & Co.

Several hedge funds and other institutional investors have recently bought and sold shares of VSCO. Corient Private Wealth LLC grew its position in shares of Victoria’s Secret & Co. by 29.6% during the 4th quarter. Corient Private Wealth LLC now owns 20,272 shares of the company’s stock worth $1,098,000 after purchasing an additional 4,629 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in Victoria’s Secret & Co. during the fourth quarter worth approximately $656,000. Summit Global Investments bought a new position in Victoria’s Secret & Co. during the 4th quarter worth $408,000. State of Tennessee Department of Treasury raised its holdings in Victoria’s Secret & Co. by 5.4% in the 4th quarter. State of Tennessee Department of Treasury now owns 34,493 shares of the company’s stock valued at $1,880,000 after acquiring an additional 1,771 shares in the last quarter. Finally, Mackenzie Financial Corp bought a new stake in shares of Victoria’s Secret & Co. during the 4th quarter valued at $237,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

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.