Victoria’s Secret & Co. (NYSE:VSCO) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Victoria’s Secret & Co. (NYSE:VSCO) from a hold rating to a buy rating in a research report released on Saturday.

VSCO has been the topic of a number of other research reports. Wells Fargo & Company raised their price target on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the stock an “underweight” rating in a research note on Friday, August 29th. UBS Group restated a “buy” rating on shares of Victoria’s Secret & Co. in a research report on Monday, November 24th. Barclays reiterated an “overweight” rating and issued a $47.00 price target on shares of Victoria’s Secret & Co. in a research report on Monday, December 1st. Morgan Stanley raised shares of Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price objective on the stock in a research report on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Victoria’s Secret & Co. in a research note on Thursday, October 30th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Victoria’s Secret & Co. has a consensus rating of “Hold” and a consensus price target of $39.09.

Victoria’s Secret & Co. Trading Up 17.9%

Shares of Victoria’s Secret & Co. stock opened at $49.01 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48. The company has a fifty day simple moving average of $34.35 and a 200-day simple moving average of $26.13. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 23.91 and a beta of 2.24. Victoria’s Secret & Co. has a 12-month low of $13.76 and a 12-month high of $50.22.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its quarterly earnings results on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the company earned ($0.50) earnings per share. Victoria’s Secret & Co.’s quarterly revenue was up 9.2% compared to the same quarter last year. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. On average, equities analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Victoria’s Secret & Co. in the 2nd quarter worth approximately $200,000. Cramer Rosenthal Mcglynn LLC boosted its stake in shares of Victoria’s Secret & Co. by 163.0% during the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company’s stock worth $26,140,000 after acquiring an additional 871,968 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake in Victoria’s Secret & Co. by 219.3% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 55,542 shares of the company’s stock worth $1,029,000 after purchasing an additional 38,149 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of Victoria’s Secret & Co. by 45.9% during the second quarter. Bank of Montreal Can now owns 28,266 shares of the company’s stock valued at $523,000 after acquiring an additional 8,892 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of Victoria’s Secret & Co. by 0.4% during the first quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company’s stock valued at $166,599,000 after acquiring an additional 38,695 shares during the period. Institutional investors and hedge funds own 90.29% of the company’s stock.

Victoria’s Secret & Co. Company Profile

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.