Bath & Body Works (BBWI) Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bath & Body Works in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BBWI shares.
View BBWI analyst ratings or view top-rated stocks.

14 Wall Street research analysts have issued twelve-month price objectives for Bath & Body Works' shares. Their BBWI share price forecasts range from $37.00 to $61.00. On average, they predict the company's share price to reach $46.69 in the next year. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for BBWI or view top-rated stocks among Wall Street analysts.

Bath & Body Works' stock was trading at $42.14 at the start of the year. Since then, BBWI shares have decreased by 21.4% and is now trading at $33.11.
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Bath & Body Works saw a increase in short interest in August. As of August 31st, there was short interest totaling 7,850,000 shares, an increase of 19.3% from the August 15th total of 6,580,000 shares. Based on an average daily volume of 3,860,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 3.5% of the shares of the stock are sold short.
View Bath & Body Works' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our BBWI earnings forecast.

Bath & Body Works, Inc. (NYSE:BBWI) announced its quarterly earnings results on Wednesday, August, 23rd. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.07. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.56 billion. Bath & Body Works had a net margin of 9.47% and a negative trailing twelve-month return on equity of 30.08%. The company's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 EPS.

Bath & Body Works announced a quarterly dividend on Friday, August 4th. Stockholders of record on Friday, August 18th will be given a dividend of $0.20 per share on Friday, September 1st. This represents a $0.80 annualized dividend and a yield of 2.42%. The ex-dividend date is Thursday, August 17th.
Read our dividend analysis for BBWI.

ETFs with the largest weight of Bath & Body Works (NYSE:BBWI) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), Simplify Market Neutral Equity Long/Short ETF (EQLS), Argent Mid Cap ETF (AMID), AAM S&P 500 High Dividend Value ETF (SPDV), VanEck Morningstar SMID Moat ETF (SMOT), Distillate Small/Mid Cash Flow ETF (DSMC), T. Rowe Price Small-Mid Cap ETF (TMSL) and FlexShares Quality Dividend Dynamic Index Fund (QDYN).

Bath & Body Works (NYSE:BBWI) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.29%. The dividend payout ratio is 26.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BBWI will have a dividend payout ratio of 21.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BBWI.

Bath & Body Works updated its FY24 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share guidance of $2.80-3.10 for the period, compared to the consensus estimate of $3.04. The company issued revenue guidance of down 1.5-3.5% yr/yr to $7.30-7.45 billion, compared to the consensus revenue estimate of $7.48 billion.

Bath & Body Works trades on the New York Stock Exchange (NYSE) under the ticker symbol "BBWI."

Bath & Body Works' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.15%), Third Point LLC (6.05%), State Street Corp (4.27%), Geode Capital Management LLC (2.17%), Champlain Investment Partners LLC (1.56%) and Northern Trust Corp (1.22%). Insiders that own company stock include Robert H Schottenstein, Thomas E Mazurek and Wendy C Arlin.
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Shares of BBWI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BBWI stock can currently be purchased for approximately $33.11.

Bath & Body Works (NYSE:BBWI) has a market capitalization of $7.53 billion and generates $7.56 billion in revenue each year. The company earns $800 million in net income (profit) each year or $3.07 on an earnings per share basis.

The company employs 57,200 workers across the globe.

Bath & Body Works' mailing address is PO Box 16000, Columbus, Ohio 43216-6000. The official website for the company is www.lb.com. The company can be reached via phone at (614) 415-7000, via email at investorrelations@lb.com, or via fax at 614-415-7080.