Victoria’s Secret & Co. (NYSE:VSCO) Shares Gap Down – What’s Next?

Victoria’s Secret & Co. (NYSE:VSCO)’s share price gapped down prior to trading on Monday . The stock had previously closed at $65.90, but opened at $62.50. Victoria’s Secret & Co. shares last traded at $62.8890, with a volume of 491,361 shares.

Analyst Ratings Changes

Several equities analysts have recently commented on VSCO shares. Wells Fargo & Company set a $45.00 price objective on Victoria’s Secret & Co. and gave the company an “equal weight” rating in a research report on Tuesday, December 16th. Wall Street Zen raised Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Cowen reaffirmed a “hold” rating on shares of Victoria’s Secret & Co. in a report on Monday, December 8th. UBS Group lifted their price objective on shares of Victoria’s Secret & Co. from $60.00 to $73.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Victoria’s Secret & Co. in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Victoria’s Secret & Co. currently has an average rating of “Moderate Buy” and a consensus price target of $54.60.

Victoria’s Secret & Co. Price Performance

The stock’s 50 day moving average price is $47.69 and its 200-day moving average price is $32.91. The company has a quick ratio of 0.38, a current ratio of 1.30 and a debt-to-equity ratio of 1.96. The stock has a market capitalization of $4.93 billion, a PE ratio of 29.94, a price-to-earnings-growth ratio of 2.59 and a beta of 2.21.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings data on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.33. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. The company 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) EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. 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. As a group, equities analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Hedge Funds Weigh In On Victoria’s Secret & Co.

Several institutional investors have recently made changes to their positions in the company. Primecap Management Co. CA boosted its stake in shares of Victoria’s Secret & Co. by 1,586.7% during the second quarter. Primecap Management Co. CA now owns 1,972,333 shares of the company’s stock valued at $36,528,000 after purchasing an additional 1,855,400 shares in the last quarter. Goldentree Asset Management LP lifted its holdings in Victoria’s Secret & Co. by 71.8% during the second quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company’s stock worth $55,242,000 after buying an additional 1,249,065 shares during the period. Marshall Wace LLP boosted its position in Victoria’s Secret & Co. by 2,729.6% during the 2nd quarter. Marshall Wace LLP now owns 923,823 shares of the company’s stock valued at $17,109,000 after acquiring an additional 891,175 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in Victoria’s Secret & Co. during the 3rd quarter valued at $20,870,000. Finally, Bridgeway Capital Management LLC purchased a new position in shares of Victoria’s Secret & Co. in the 3rd quarter valued at $17,644,000. Hedge funds and other institutional investors own 90.29% of the company’s stock.

About Victoria’s Secret & Co.

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.