Victoria's Secret & Co. (NYSE:VSCO) Upgraded to "Hold" at Wall Street Zen

Key Points

• Victoria's Secret & Co. has been upgraded from a "sell" to a "hold" rating by analysts at Wall Street Zen, indicating a potential stabilization in investor sentiment.
• Multiple analysts have adjusted their price targets for the stock, with Jefferies reducing it from $42 to $35, while Wells Fargo cut theirs from $15 to $14, signaling cautious optimism amidst varying assessments.
• The company reported $1.35 billion in revenue for the last quarter, slightly above expectations, but experienced a year-over-year revenue decline of 0.5%.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) was upgraded by analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a note issued to investors on Friday.

Several other equities research analysts have also recently weighed in on VSCO. Jefferies Financial Group reduced their target price on shares of Victoria's Secret & Co. from $42.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Wells Fargo & Company cut their price target on Victoria's Secret & Co. from $15.00 to $14.00 and set an "underweight" rating for the company in a report on Monday, August 4th. Morgan Stanley reissued a "positive" rating on shares of Victoria's Secret & Co. in a report on Thursday, June 12th. UBS Group lowered their price objective on Victoria's Secret & Co. from $24.00 to $21.00 and set a "neutral" rating on the stock in a research report on Thursday. Finally, Barclays restated an "overweight" rating and issued a $23.00 target price (up from $22.00) on shares of Victoria's Secret & Co. in a research note on Thursday, June 12th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, Victoria's Secret & Co. presently has a consensus rating of "Hold" and an average target price of $24.73.

Victoria's Secret & Co. Price Performance

NYSE VSCO opened at $22.1140 on Friday. Victoria's Secret & Co. has a 1 year low of $13.76 and a 1 year high of $48.73. The company has a fifty day simple moving average of $20.15 and a 200 day simple moving average of $21.23. 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 $1.77 billion, a P/E ratio of 11.06, a P/E/G ratio of 1.17 and a beta of 2.17.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its earnings results on Wednesday, June 11th. The company reported $0.09 EPS for the quarter, hitting the consensus estimate of $0.09. The firm had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.32 billion. Victoria's Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. The business's quarterly revenue was down .5% on a year-over-year basis. During the same quarter last year, the firm posted $0.12 EPS. Victoria's Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that Victoria's Secret & Co. will post 2.37 EPS for the current year.

Institutional Trading of Victoria's Secret & Co.

Hedge funds have recently modified their holdings of the stock. Virtus Advisers LLC acquired a new position in Victoria's Secret & Co. during the 1st quarter valued at about $30,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Victoria's Secret & Co. during the second quarter worth approximately $35,000. Hara Capital LLC bought a new stake in shares of Victoria's Secret & Co. during the second quarter worth approximately $36,000. NBC Securities Inc. lifted its holdings in Victoria's Secret & Co. by 141,000.0% in the first quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock valued at $52,000 after buying an additional 2,820 shares during the period. Finally, Allworth Financial LP boosted its stake 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 valued at $57,000 after acquiring an additional 2,669 shares during the last quarter. 90.29% of the stock is 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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