Victoria’s Secret & Co. (NYSE:VSCO) Stock Price Down 4.3% – Time to Sell?

Victoria’s Secret & Co. (NYSE:VSCO)’s stock price fell 4.3% on Thursday . The company traded as low as $62.30 and last traded at $62.2350. 721,109 shares were traded during mid-day trading, a decline of 62% from the average session volume of 1,907,363 shares. The stock had previously closed at $65.04.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Guggenheim started coverage on shares of Victoria’s Secret & Co. in a research note on Tuesday, December 9th. They set a “neutral” rating on the stock. UBS Group increased their target price on shares of Victoria’s Secret & Co. from $60.00 to $73.00 and gave the company a “buy” rating in a report on Thursday, January 8th. Zacks Research raised shares of Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 8th. Wells Fargo & Company set a $45.00 price objective on Victoria’s Secret & Co. and gave the company an “equal weight” rating in a research note on Tuesday, December 16th. Finally, Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Victoria’s Secret & Co. presently has a consensus rating of “Moderate Buy” and an average target price of $54.60.

Victoria’s Secret & Co. Price Performance

The stock has a market cap of $4.79 billion, a PE ratio of 29.13, a PEG ratio of 2.55 and a beta of 2.21. The business’s 50-day simple moving average is $51.82 and its 200-day simple moving average is $35.03. The company has a quick ratio of 0.38, a current ratio of 1.30 and a debt-to-equity ratio of 1.96.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its earnings results on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, topping 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 company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the business posted ($0.50) earnings per share. Victoria’s Secret & Co.’s revenue for the quarter 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. On average, research analysts expect 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 business. Primecap Management Co. CA lifted its stake in shares of 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 purchasing an additional 1,855,400 shares during the period. Goldentree Asset Management LP raised its holdings in Victoria’s Secret & Co. by 71.8% in 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. Marshall Wace LLP lifted its position in Victoria’s Secret & Co. by 2,729.6% during the second quarter. Marshall Wace LLP now owns 923,823 shares of the company’s stock valued at $17,109,000 after buying an additional 891,175 shares during the period. Balyasny Asset Management L.P. purchased a new position in Victoria’s Secret & Co. during the third quarter valued at $20,870,000. Finally, Bridgeway Capital Management LLC bought a new stake in shares of Victoria’s Secret & Co. during the 3rd quarter valued at $17,644,000. Institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Company Profile

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.