Bath & Body Works, Inc. (NYSE:BBWI) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Bath & Body Works has received an average rating of "Moderate Buy" from 17 analysts, with 11 giving a buy rating and 6 rating it as hold.
• The company's latest earnings report showed an EPS of $0.37, matching consensus estimates, while quarterly revenue was down 0.8% year-over-year.
• Bath & Body Works announced a quarterly dividend of $0.20, representing a yield of 3.1% and a payout ratio of 23.74%.

Shares of Bath & Body Works, Inc. (NYSE:BBWI - Get Free Report) have earned an average recommendation of "Moderate Buy" from the seventeen analysts that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $37.4643.

BBWI has been the topic of several analyst reports. Citigroup cut their target price on Bath & Body Works from $42.00 to $40.00 and set a "buy" rating on the stock in a research report on Tuesday, August 19th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $26.00 target price on shares of Bath & Body Works in a research report on Monday, October 6th. Morgan Stanley dropped their price objective on Bath & Body Works from $19.00 to $18.00 and set an "overweight" rating for the company in a report on Friday, September 12th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Bath & Body Works in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded Bath & Body Works from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th.

Hedge Funds Weigh In On Bath & Body Works

Hedge funds have recently bought and sold shares of the business. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Bath & Body Works in the 2nd quarter valued at $33,000. SVB Wealth LLC bought a new position in Bath & Body Works in the 1st quarter valued at $35,000. Geneos Wealth Management Inc. lifted its holdings in shares of Bath & Body Works by 217.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company's stock worth $35,000 after buying an additional 801 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Bath & Body Works by 63.3% in the 2nd quarter. Parallel Advisors LLC now owns 1,241 shares of the company's stock worth $37,000 after buying an additional 481 shares during the period. Finally, Golden State Wealth Management LLC lifted its holdings in shares of Bath & Body Works by 94.7% in the 1st quarter. Golden State Wealth Management LLC now owns 1,320 shares of the company's stock worth $40,000 after buying an additional 642 shares during the period. Institutional investors own 95.14% of the company's stock.

Bath & Body Works Stock Performance

NYSE BBWI opened at $26.14 on Wednesday. The company has a market cap of $5.39 billion, a P/E ratio of 7.76, a P/E/G ratio of 0.89 and a beta of 1.52. The business's 50 day moving average price is $27.90 and its 200-day moving average price is $29.20. Bath & Body Works has a fifty-two week low of $24.85 and a fifty-two week high of $41.87.

Bath & Body Works (NYSE:BBWI - Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $0.37 earnings per share for the quarter, meeting the consensus estimate of $0.37. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.55 billion. Bath & Body Works had a negative return on equity of 48.43% and a net margin of 9.88%.The company's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. As a group, equities analysts predict that Bath & Body Works will post 3.3 EPS for the current year.

Bath & Body Works Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Friday, August 22nd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Friday, August 22nd. Bath & Body Works's dividend payout ratio is 23.74%.

About Bath & Body Works

Bath & Body Works, Inc is a specialty retailers and home to America's Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.

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