Victoria's Secret & Co. (NYSE:VSCO) Earns "Hold (C-)" Rating from Weiss Ratings

Key Points

• Victoria's Secret & Co. has received a rating of "Hold (C-)" from Weiss Ratings, indicating a cautious outlook on the stock.
• Recent analysts' reports reflect mixed sentiments, with Jefferies lowering its target price to $26.00 while Barclays raised it to $27.00, suggesting varied perspectives on the company's performance.
• The company reported a quarterly earnings per share of $0.33, surpassing analysts' expectations of $0.13, alongside an increase in revenue compared to the previous year.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report)'s stock had its "hold (c-)" rating reiterated by equities researchers at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

A number of other research analysts have also recently issued reports on the stock. Jefferies Financial Group cut their target price on shares of Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, August 29th. JPMorgan Chase & Co. boosted 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 research report on Monday, September 15th. Wall Street Zen upgraded shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Barclays boosted their price objective on shares of Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Finally, Zacks Research upgraded shares of Victoria's Secret & Co. to a "hold" rating in a research report on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $26.73.

Victoria's Secret & Co. Stock Performance

VSCO stock traded up $1.46 during trading on Wednesday, reaching $29.93. 1,169,625 shares of the stock were exchanged, compared to its average volume of 3,345,061. Victoria's Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73. The company has a market capitalization of $2.40 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 1.58 and a beta of 2.23. The stock has a 50 day simple moving average of $24.16 and a 200-day simple moving average of $21.19. 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 - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.20. Victoria's Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the business earned $0.40 earnings per share. The company's quarterly revenue was up 2.9% on a year-over-year basis. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Victoria's Secret & Co. by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company's stock valued at $166,599,000 after buying an additional 38,695 shares during the period. Goldentree Asset Management LP grew 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 buying an additional 1,249,065 shares during the period. Primecap Management Co. CA grew its holdings 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 buying an additional 1,855,400 shares during the period. T. Rowe Price Investment Management Inc. grew its holdings in shares of Victoria's Secret & Co. by 18.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,868,817 shares of the company's stock valued at $34,723,000 after buying an additional 288,629 shares during the period. Finally, Victory Capital Management Inc. grew its holdings in shares of Victoria's Secret & Co. by 54.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock valued at $26,570,000 after buying an additional 502,622 shares during the period. Institutional investors and hedge funds own 90.29% of the company's stock.

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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