Victoria's Secret & Co. (NYSE:VSCO) Shares Down 4.3% - Should You Sell?

Key Points

• Victoria's Secret & Co. (NYSE:VSCO) saw its stock price decline by 4.3%, trading at $26.51 with a significant drop in trading volume, down 94% from its average.
• Multiple analysts have rated Victoria's Secret, with a consensus rating of "Reduce", and a target price averaging $26.27, reflecting mixed sentiment in the market.
• The company recently reported earnings per share of $0.33, surpassing analysts’ expectations, alongside a 2.9% year-over-year revenue growth to $1.46 billion for the quarter.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report)'s share price was down 4.3% during mid-day trading on Tuesday . The stock traded as low as $26.71 and last traded at $26.51. Approximately 216,965 shares changed hands during trading, a decline of 94% from the average daily volume of 3,445,183 shares. The stock had previously closed at $27.70.

Analyst Upgrades and Downgrades

VSCO has been the topic of several research analyst reports. Morgan Stanley reissued a "reduce" rating on shares of Victoria's Secret & Co. in a research report on Friday, September 12th. Jefferies Financial Group lowered their target price on Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday, August 29th. Zacks Research raised shares of Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. 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. Finally, UBS Group lifted their price objective on Victoria's Secret & Co. from $21.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, August 29th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Victoria's Secret & Co. currently has a consensus rating of "Reduce" and a consensus price target of $26.27.

Victoria's Secret & Co. Stock Performance

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 stock's 50 day moving average price is $22.37 and its 200 day moving average price is $20.53. The company has a market capitalization of $2.14 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 1.49 and a beta of 2.20.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping 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 net margin of 2.42% and a return on equity of 33.77%. Victoria's Secret & Co.'s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.40 earnings per share. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, equities analysts expect that Victoria's Secret & Co. will post 2.37 EPS for the current year.

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

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