Victoria’s Secret & Co. Sees Unusually Large Options Volume (NYSE:VSCO)

Victoria’s Secret & Co. (NYSE:VSCO) saw unusually large options trading activity on Friday. Traders bought 8,565 call options on the stock. This is an increase of 162% compared to the average daily volume of 3,268 call options.

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

Institutional investors have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd acquired a new stake in Victoria’s Secret & Co. in the third quarter valued at approximately $30,000. Virtus Advisers LLC purchased a new stake in shares of Victoria’s Secret & Co. during the 1st quarter valued at $30,000. State of Wyoming purchased a new position in Victoria’s Secret & Co. during the 3rd quarter worth $48,000. Caitong International Asset Management Co. Ltd acquired a new stake in Victoria’s Secret & Co. in the second quarter worth about $35,000. Finally, Quantbot Technologies LP acquired a new position in shares of Victoria’s Secret & Co. during the third quarter valued at about $53,000. Institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Price Performance

Shares of Victoria’s Secret & Co. stock traded up $4.66 on Friday, reaching $46.23. The stock had a trading volume of 5,757,492 shares, compared to its average volume of 3,181,204. The business’s 50 day moving average is $33.90 and its two-hundred day moving average is $25.93. The company has a market cap of $3.71 billion, a P/E ratio of 25.69 and a beta of 2.24. Victoria’s Secret & Co. has a 1 year low of $13.76 and a 1 year high of $50.22. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its earnings results on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.60) by $0.33. The business 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 2.42% and a return on equity of 33.77%. The business’s revenue for the quarter 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. As a group, research analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on VSCO shares. Bank of America lifted their price target on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a report on Friday, August 29th. The Goldman Sachs Group raised shares of Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $18.00 to $32.00 in a report on Monday, October 27th. Morgan Stanley reaffirmed a “reduce” rating on shares of Victoria’s Secret & Co. in a research report on Friday, September 12th. Wall Street Zen upgraded shares of Victoria’s Secret & Co. from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Wells Fargo & Company upped their price objective on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research note on Friday, August 29th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Victoria’s Secret & Co. presently has an average rating of “Hold” and an average target price of $33.18.

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.