NYSE:LB - L Brands Stock Price, Price Target & More

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$32.02 +0.31 (+0.98 %)
(As of 07/16/2018 02:13 PM ET)
Previous Close$31.79
Today's Range$31.46 - $32.15
52-Week Range$30.70 - $63.10
Volume201,491 shs
Average Volume3.60 million shs
Market Capitalization$8.79 billion
P/E Ratio9.97
Dividend Yield7.57%
Beta0.76
L Brands logoL Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, home fragrance products, and accessories. The company operates in three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. Its products include loungewear, bras, panties, athletic attire, shower gels and lotions, aromatherapy, body care, soaps and sanitizers, handbags, jewelry, and personal care accessories. The company offers its products under the Victoria's Secret, PINK, Bath & Body Works, La Senza, Henri Bendel, C.O. Bigelow, White Barn, and other brand names. L Brands, Inc. sells its merchandise through company-owned specialty retail stores, which are primarily mall-based; through its Websites comprising VictoriasSecret.com, BathandBodyWorks.com, HenriBendel.com, and LaSenza.com; and through franchises, licenses, and wholesale partners. As of March 8, 2018, the company operated 3,071 company-owned specialty stores in the United States, Canada, the United Kingdom, Ireland, and Greater China, as well as sold its brands through approximately 800 franchised locations worldwide. The company was formerly known as Limited Brands, Inc. and changed its name to L Brands, Inc. in March 2013. L Brands, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Womens' clothing stores
Sub-IndustryN/A
SectorRetail/Wholesale
SymbolNYSE:LB
CUSIPN/A
Phone614-415-7000

Debt

Debt-to-Equity Ratio-5.90
Current Ratio1.56
Quick Ratio0.83

Price-To-Earnings

Trailing P/E Ratio9.97
Forward P/E Ratio11.48
P/E Growth0.99

Sales & Book Value

Annual Sales$12.63 billion
Price / Sales0.70
Cash Flow$5.1645 per share
Price / Cash6.20
Book Value($2.66) per share
Price / Book-12.04

Profitability

EPS (Most Recent Fiscal Year)$3.20
Net Income$983 million
Net Margins7.30%
Return on Equity-93.09%
Return on Assets11.09%

Miscellaneous

Employees93,200
Outstanding Shares277,200,000
Market Cap$8,790.14

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L Brands (NYSE:LB) Frequently Asked Questions

What is L Brands' stock symbol?

L Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "LB."

How often does L Brands pay dividends? What is the dividend yield for L Brands?

L Brands announced a quarterly dividend on Friday, May 18th. Stockholders of record on Friday, June 1st will be paid a dividend of $0.60 per share on Friday, June 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 7.50%. The ex-dividend date of this dividend is Thursday, May 31st. View L Brands' Dividend History.

How will L Brands' stock buyback program work?

L Brands declared that its board has initiated a share buyback program on Thursday, March 8th 2018, which permits the company to buyback $226,900,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) posted its quarterly earnings results on Wednesday, May, 23rd. The specialty retailer reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.02. The specialty retailer earned $2.63 billion during the quarter, compared to analyst estimates of $2.59 billion. L Brands had a net margin of 7.30% and a negative return on equity of 93.09%. The firm's revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.33 earnings per share. View L Brands' Earnings History.

When is L Brands' next earnings date?

L Brands is scheduled to release their next quarterly earnings announcement on Tuesday, August, 14th 2018. View Earnings Estimates for L Brands.

What guidance has L Brands issued on next quarter's earnings?

L Brands updated its FY19 earnings guidance on Wednesday, May, 23rd. The company provided EPS guidance of $2.70-3.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.01. L Brands also updated its Q2 guidance to $0.30-0.35 EPS.

What price target have analysts set for LB?

32 equities research analysts have issued 12-month target prices for L Brands' stock. Their forecasts range from $23.00 to $60.00. On average, they expect L Brands' stock price to reach $43.5065 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Ratings for L Brands.

What is the consensus analysts' recommendation for L Brands?

32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for L Brands in the last year. There are currently 4 sell ratings, 16 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about L Brands stock?

Here are some recent quotes from research analysts about L Brands stock:
  • 1. Guggenheim analysts commented, "We remain NEUTRAL rated. In June, total company comp sales increased 3% (stores -2%), roughly ~in line with our +LSD expectations but decelerating from May. The LB total comp increase of 3% (stores -2%) included a 1% decline at Victoria’s Secret (stores -6%) and a 10% increase at Bath & Body Works (stores +7%). For the total company, June sales increased 6% to $1.28bn." (7/12/2018)
  • 2. According to Zacks Investment Research, "Despite reporting better-than-expected earnings and revenues in the final quarter of fiscal 2017, L Brands was hit primarily due to soft first quarter and fiscal 2018 view. Consequently, the stock has underperformed the industry in the past three months. Of late, the Zacks Consensus Estimate also witnessed downward revisions. Moreover, shrinking gross margin remains a major concern. Management anticipates gross margin to deteriorate year over year in the first quarter. However, the big take away from this quarter was sharp increase in revenues. Moreover, L Brands’ efforts to streamline Victoria’s Secret business, localizing assortments and enhancing direct business bode well. The company is also confident about achieving growth in the long run and anticipates annual operating income to improve by 10%. Further, the company’s foray into international markets is likely to provide long-term growth opportunities." (4/11/2018)
  • 3. FBR & Co analysts commented, "LB reported August SSS of –4%, versus FBR/consensus estimates of –3.8%/–4.4% and guidance of –LSD/–MSD. Comps were affected by about –2% due to cycling the apparel/swim product exit LY . August’s merch margin remained flat, compared to LY , driven by a positive VS and negative BBW due to more clearance. Inventories per square foot are very clean, with August down –7% YOY . LB guided September comps to –LSD, with a negative impact of –2% from apparel/swim category exits. We estimate LB September SSS to be –2.2%, versus +3.0 LY . We like the improvement in VS comp and merch margin and expect SSS to continue to improve as we cycle the swim/apparel exit and bralette ramp. We believe LB’s solid brands continue to resonate well with consumers and expect more normalized results in 2H once these pressures ease." (8/31/2017)

How were L Brands' same store sales last quarter?

L Brands same-store sales increased by 3% in the month of June. L Brands stock rose by 0% in the first day of trading following the news.

Who are some of L Brands' key competitors?

Who are L Brands' key executives?

L Brands' management team includes the folowing people:
  • Mr. Leslie H. Wexner, Founder, Exec. Chairman, CEO & Pres (Age 81)
  • Mr. Stuart B. Burgdoerfer, Exec. VP & CFO (Age 55)
  • Mr. Charles C. McGuigan, Chief Operating Officer (Age 61)
  • Mr. Martin P. Waters, CEO & Pres of L Brands International (Age 52)
  • Mr. Nicholas P.M. Coe, CEO and Pres of Bath & Body Works (Age 55)

Has L Brands been receiving favorable news coverage?

Headlines about LB stock have trended positive recently, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. L Brands earned a coverage optimism score of 0.43 on Accern's scale. They also assigned press coverage about the specialty retailer an impact score of 47.48 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are L Brands' major shareholders?

L Brands' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (1.35%), Gateway Investment Advisers LLC (0.06%), Bank of Montreal Can (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.02%), Atria Investments LLC (0.02%) and Bright Rock Capital Management LLC (0.02%). Company insiders that own L Brands stock include Allan R Tessler, Charles Mcguigan, David T Kollat, Donna James, Martin P Waters, Nicholas Coe and Stuart B Burgdoerfer. View Institutional Ownership Trends for L Brands.

Which major investors are selling L Brands stock?

LB stock was sold by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, Empirical Finance LLC, Atria Investments LLC, BKD Wealth Advisors LLC, Columbia Partners L L C Investment Management and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have sold L Brands company stock in the last year include Donna James and Stuart B Burgdoerfer. View Insider Buying and Selling for L Brands.

Which major investors are buying L Brands stock?

LB stock was purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Bank of Montreal Can, Bright Rock Capital Management LLC, Midas Management Corp, DnB Asset Management AS, First Citizens Bank & Trust Co., Fulton Bank N.A. and Norway Savings Bank. Company insiders that have bought L Brands stock in the last two years include Allan R Tessler and David T Kollat. View Insider Buying and Selling for L Brands.

How do I buy shares of L Brands?

Shares of LB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is L Brands' stock price today?

One share of LB stock can currently be purchased for approximately $32.00.

How big of a company is L Brands?

L Brands has a market capitalization of $8.79 billion and generates $12.63 billion in revenue each year. The specialty retailer earns $983 million in net income (profit) each year or $3.20 on an earnings per share basis. L Brands employs 93,200 workers across the globe.

How can I contact L Brands?

L Brands' mailing address is THREE LIMITED PARKWAY P.O. BOX 16000, COLUMBUS OH, 43230. The specialty retailer can be reached via phone at 614-415-7000 or via email at [email protected]


MarketBeat Community Rating for L Brands (NYSE LB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  617 (Vote Outperform)
Underperform Votes:  950 (Vote Underperform)
Total Votes:  1,567
MarketBeat's community ratings are surveys of what our community members think about L Brands and other stocks. Vote "Outperform" if you believe LB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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