Victoria's Secret & Co. (NYSE:VSCO) Earns "Market Perform" Rating from Telsey Advisory Group

Key Points

• Telsey Advisory Group has reiterated a "market perform" rating for Victoria's Secret & Co. (NYSE:VSCO) with a price target of $24.00, indicating a potential downside of 3.05% from the current stock price.
• Several other analysts have rated the stock differently, with Jefferies lowering their target to $35.00 (buy), while Wells Fargo set it at $14.00 (underweight).
• Victoria's Secret reported earnings per share of $0.33 for the last quarter, exceeding analyst expectations, and has set a fiscal year 2025 guidance target for the EPS between -0.75 and -0.550.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report)'s stock had its "market perform" rating reissued by Telsey Advisory Group in a report issued on Thursday,Benzinga reports. They presently have a $24.00 price objective on the stock. Telsey Advisory Group's price target would suggest a potential downside of 3.05% from the stock's current price.

VSCO has been the subject of several other research reports. Jefferies Financial Group reduced their price target on shares of Victoria's Secret & Co. from $42.00 to $35.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Wells Fargo & Company cut their price objective on shares of Victoria's Secret & Co. from $15.00 to $14.00 and set an "underweight" rating on the stock in a report on Monday, August 4th. Wall Street Zen raised shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a report on Friday, August 22nd. Zacks Research raised shares of Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. Finally, Bank of America cut their price objective on shares of Victoria's Secret & Co. from $20.00 to $18.00 and set an "underperform" rating on the stock in a report on Thursday, June 12th. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Victoria's Secret & Co. currently has a consensus rating of "Hold" and a consensus price target of $24.73.

Victoria's Secret & Co. Stock Performance

NYSE VSCO opened at $24.76 on Thursday. The company has a fifty day simple moving average of $20.38 and a 200 day simple moving average of $21.00. Victoria's Secret & Co. has a 12-month low of $13.76 and a 12-month high of $48.73. The company has a current ratio of 1.16, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. The company has a market cap of $1.98 billion, a P/E ratio of 12.46, a PEG ratio of 1.21 and a beta of 2.17.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.20. Victoria's Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. During the same period in the prior year, the company posted $0.40 earnings per share. The company's 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. Sell-side analysts predict that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

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

A number of hedge funds have recently made changes to their positions in VSCO. Primecap Management Co. CA raised its stake in shares of Victoria's Secret & Co. by 1,586.7% during 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 during the period. Millennium Management LLC raised its stake in 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 during the period. Goldentree Asset Management LP raised its stake in 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 during the period. Point72 Hong Kong Ltd bought a new stake in Victoria's Secret & Co. in the 4th quarter valued at about $37,693,000. Finally, Marshall Wace LLP raised its stake in 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 during the period. 90.29% of the stock is currently owned by 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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