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

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$31.70 -1.07 (-3.27 %)
(As of 07/22/2018 04:52 AM ET)
Previous Close$31.70
Today's Range$31.67 - $32.72
52-Week Range$30.70 - $63.10
Volume5.55 million shs
Average Volume3.81 million shs
Market Capitalization$9.08 billion
P/E Ratio9.91
Dividend Yield7.32%
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 Ratio9.91
Forward P/E Ratio11.40
P/E Growth1.02

Sales & Book Value

Annual Sales$12.63 billion
Price / Sales0.70
Cash Flow$4.9454 per share
Price / Cash6.41
Book Value($2.66) per share
Price / Book-11.92

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$9,083.98

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. Shareholders 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 annualized dividend and a yield of 7.57%. The ex-dividend date is Thursday, May 31st. View L Brands' Dividend History.

How will L Brands' stock buyback program work?

L Brands declared that its Board of Directors has initiated a stock repurchase plan on Thursday, March 8th 2018, which permits the company to repurchase $226,900,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were L Brands' earnings last quarter?

L Brands Inc (NYSE:LB) released its earnings results on Wednesday, May, 23rd. The specialty retailer reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 EPS. 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 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 Wall Street analysts have issued twelve-month price targets for L Brands' shares. Their forecasts range from $23.00 to $60.00. On average, they expect L Brands' stock price to reach $43.5065 in the next year. This suggests a possible upside of 37.2% 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. According to Zacks Investment Research, "Shares of L Brands have declined and underperformed the industry in the past six months. The stock came under pressure after management trimmed the fiscal 2018 view and provided dismal second-quarter guidance. Moreover, southward revision in earnings estimates for second quarter and 2018 exhibits analysts’ concerns surrounding the company’s future growth potential. Shrinking gross margin also remains a concern. The company had forecasted gross margin to contract in the second quarter. Nevertheless, L Brands’ efforts to streamline Victoria’s Secret business, localizing assortments and enhancing direct business bode well. The company’s foray into international markets is likely to provide growth opportunities and generate increased sales volumes. L Brands’ sustained focus on cost containment, inventory management, merchandise and speed-to-market initiatives has kept it afloat in a competitive environment." (7/17/2018)
  • 2. 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)

How were L Brands' same store sales last quarter?

L Brands same-store sales rose 3% during the month of June. L Brands shares rose by 0% in the first full-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?

News articles about LB stock have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. L Brands earned a news impact score of 0.24 on Accern's scale. They also assigned headlines about the specialty retailer an impact score of 46.36 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are L Brands' major shareholders?

L Brands' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (1.35%), TB Alternative Assets Ltd. (0.18%), Howard Capital Management Inc. (0.11%), Gateway Investment Advisers LLC (0.06%), Retirement Systems of Alabama (0.04%) and Bank of Montreal Can (0.04%). 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, Beese Fulmer Investment Management Inc., Hartford Investment Management Co., Empirical Finance LLC, Atria Investments LLC, BKD Wealth Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Heritage Investors Management Corp. 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 TB Alternative Assets Ltd., Howard Capital Management Inc., Gateway Investment Advisers LLC, Bank of Montreal Can, Nisa Investment Advisors LLC, Cornerstone Wealth Management LLC, Exane Derivatives and Bright Rock Capital Management LLC. 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 $31.70.

How big of a company is L Brands?

L Brands has a market capitalization of $9.08 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:  622 (Vote Outperform)
Underperform Votes:  954 (Vote Underperform)
Total Votes:  1,576
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 7/22/2018 by MarketBeat.com Staff

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