Victoria's Secret & Co. (NYSE:VSCO) Shares Gap Up - Time to Buy?

Key Points

• Victoria's Secret & Co.'s share price rose from $25.66 to $26.61 before the market opened on Thursday, ultimately trading at $26.52 with a volume of 261,178 shares.
• The company reported an EPS of $0.33 for the last quarter, exceeding the consensus estimate of $0.13 and showing a year-over-year revenue growth of 2.9%.
• Analyst ratings for the stock include four "Buy," six "Hold," and three "Sell," with an average price target of $25.45 according to MarketBeat.com.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $25.66, but opened at $26.61. Victoria's Secret & Co. shares last traded at $26.52, with a volume of 261,178 shares changing hands.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VSCO. Morgan Stanley reissued a "reduce" rating on shares of Victoria's Secret & Co. in a research report on Friday. UBS Group raised their price objective on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the stock a "neutral" rating in a research report on Friday, August 29th. JPMorgan Chase & Co. raised 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. Barclays raised 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, Jefferies Financial Group reduced their price objective on shares of Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, August 29th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $26.27.

Victoria's Secret & Co. Trading Down 4.9%

The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.36 and a current ratio of 1.14. The firm has a 50 day simple moving average of $21.81 and a two-hundred day simple moving average of $20.39. The firm has a market capitalization of $2.11 billion, a P/E ratio of 14.63, a PEG ratio of 1.44 and a beta of 2.19.

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

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

A number of hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System raised its stake in shares of Victoria's Secret & Co. by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 65,191 shares of the company's stock worth $1,207,000 after purchasing an additional 483 shares during the period. Lazard Asset Management LLC increased its holdings in Victoria's Secret & Co. by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 7,258 shares of the company's stock worth $133,000 after acquiring an additional 521 shares during the last quarter. Maryland State Retirement & Pension System grew its holdings in Victoria's Secret & Co. by 2.9% during the 2nd quarter. Maryland State Retirement & Pension System now owns 23,463 shares of the company's stock valued at $435,000 after buying an additional 671 shares in the last quarter. SummerHaven Investment Management LLC grew its holdings in Victoria's Secret & Co. by 2.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 43,043 shares of the company's stock valued at $797,000 after buying an additional 845 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in Victoria's Secret & Co. by 3.9% during the 2nd quarter. Cerity Partners LLC now owns 23,557 shares of the company's stock valued at $436,000 after buying an additional 892 shares in the last quarter. 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.