Victoria's Secret & Co. (NYSE:VSCO) Shares Gap Up - Here's What Happened

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 share 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.

Analyst Upgrades and Downgrades

VSCO has been the topic of several research reports. Wells Fargo & Company raised their price objective on shares of Victoria's Secret & Co. from $14.00 to $17.00 and gave the stock an "underweight" rating in a research report on Friday, August 29th. Telsey Advisory Group restated a "market perform" rating and issued a $24.00 target price on shares of Victoria's Secret & Co. in a report on Thursday, August 28th. JPMorgan Chase & Co. boosted their price objective on shares of Victoria's Secret & Co. from $22.00 to $27.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Jefferies Financial Group decreased 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. Finally, Morgan Stanley reaffirmed a "positive" rating on shares of Victoria's Secret & Co. in a report on Thursday, June 12th. Four equities 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 company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $25.45.

Victoria's Secret & Co. Price Performance

The stock's 50 day moving average price is $21.41 and its two-hundred day moving average price is $20.51. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 1.39 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 0.33.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.13 by $0.20. Victoria's Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company earned $0.40 EPS. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. 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 anticipate that Victoria's Secret & Co. will post 2.37 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Virtus Advisers LLC purchased a new stake in Victoria's Secret & Co. in the 1st quarter valued at $30,000. Caitong International Asset Management Co. Ltd bought a new stake in Victoria's Secret & Co. in the second quarter worth $35,000. Hara Capital LLC bought a new position in shares of Victoria's Secret & Co. during the second quarter valued at $36,000. NBC Securities Inc. lifted its holdings in shares of Victoria's Secret & Co. by 141,000.0% during the first quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock valued at $52,000 after purchasing an additional 2,820 shares in the last quarter. Finally, Allworth Financial LP increased its position in Victoria's Secret & Co. by 677.4% in the first quarter. Allworth Financial LP now owns 3,063 shares of the company's stock worth $57,000 after buying an additional 2,669 shares in the last quarter. 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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