Telsey Advisory Group Forecasts Strong Price Appreciation for Victoria's Secret & Co. (NYSE:VSCO) Stock

Key Points

• Telsey Advisory Group has raised its price target for Victoria's Secret & Co. from $24.00 to $29.00, predicting a potential upside of 6.85% from its current price.
• The company reported $0.33 earnings per share for the last quarter, exceeding expectations, with quarterly revenue up 2.9% year-over-year.
• Victoria's Secret & Co. has received mixed ratings from analysts, with three giving a Buy rating, six a Hold rating, and four issuing a Sell rating.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) had its price target raised by investment analysts at Telsey Advisory Group from $24.00 to $29.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a "market perform" rating on the stock. Telsey Advisory Group's price objective would indicate a potential upside of 6.85% from the company's current price.

VSCO has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their price objective on shares of Victoria's Secret & Co. from $27.00 to $28.00 and gave the stock a "neutral" rating in a report on Monday, September 15th. Morgan Stanley restated a "reduce" rating on shares of Victoria's Secret & Co. in a report on Friday, September 12th. UBS Group boosted their price target on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. Barclays boosted their target price on Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. Finally, Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus price target of $26.73.

Victoria's Secret & Co. Stock Up 2.5%

Shares of NYSE VSCO opened at $27.14 on Wednesday. The stock has a market capitalization of $2.18 billion, a P/E ratio of 15.08, a P/E/G ratio of 1.43 and a beta of 2.20. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36. Victoria's Secret & Co. has a 1 year low of $13.76 and a 1 year high of $48.73. The company has a 50-day moving average price of $23.35 and a 200-day moving average price of $20.91.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.20. The business had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.40 billion. Victoria's Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The company's quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 EPS. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. On average, equities research analysts forecast that Victoria's Secret & Co. will post 2.37 EPS for the current fiscal year.

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

A number of institutional investors and hedge funds have recently modified their holdings of VSCO. Primecap Management Co. CA lifted its stake in 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 worth $36,528,000 after purchasing an additional 1,855,400 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Victoria's Secret & Co. by 9,595.8% in the 1st quarter. Millennium Management LLC now owns 1,419,080 shares of the company's stock valued at $26,367,000 after acquiring an additional 1,404,444 shares in the last quarter. 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 raised its holdings in shares of Victoria's Secret & Co. by 2,729.6% in 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 in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC raised its holdings in shares of Victoria's Secret & Co. by 163.0% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock valued at $26,140,000 after acquiring an additional 871,968 shares in the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

About Victoria's Secret & Co.

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.

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