Victoria’s Secret & Co. (NYSE:VSCO) Shares Up 3.6% – Time to Buy?

Victoria’s Secret & Co. (NYSE:VSCO)’s stock price shot up 3.6% during trading on Monday . The company traded as high as $55.60 and last traded at $55.7320. 613,151 shares were traded during mid-day trading, a decline of 81% from the average session volume of 3,169,812 shares. The stock had previously closed at $53.81.

Analyst Ratings Changes

Several brokerages recently commented on VSCO. Telsey Advisory Group upgraded shares of Victoria’s Secret & Co. from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $50.00 to $66.00 in a report on Wednesday, December 17th. Cowen reaffirmed a “hold” rating on shares of Victoria’s Secret & Co. in a research report on Monday, December 8th. Weiss Ratings reissued a “sell (d+)” rating on shares of Victoria’s Secret & Co. in a research report on Tuesday, December 23rd. Wells Fargo & Company set a $45.00 target price on Victoria’s Secret & Co. and gave the company an “equal weight” rating in a research note on Tuesday, December 16th. Finally, Morgan Stanley raised Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a research report on Friday, December 5th. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, Victoria’s Secret & Co. has a consensus rating of “Moderate Buy” and a consensus target price of $53.30.

Victoria’s Secret & Co. Price Performance

The company has a market cap of $4.50 billion, a P/E ratio of 27.31, a P/E/G ratio of 2.23 and a beta of 2.24. The stock has a 50-day simple moving average of $41.78 and a 200 day simple moving average of $29.56. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.38 and a current ratio of 1.30.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its earnings results on Friday, December 5th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.Victoria’s Secret & Co.’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted ($0.50) earnings per share. 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 expect that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Institutional Investors Weigh In On Victoria’s Secret & Co.

Institutional investors have recently added to or reduced their stakes in the stock. Aster Capital Management DIFC Ltd acquired a new stake in Victoria’s Secret & Co. in the 3rd quarter valued at $30,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Victoria’s Secret & Co. during the second quarter valued at $35,000. Hara Capital LLC bought a new position in shares of Victoria’s Secret & Co. during the second quarter valued at $36,000. State of Wyoming acquired a new stake in shares of Victoria’s Secret & Co. in the 3rd quarter valued at $48,000. Finally, Quantbot Technologies LP bought a new stake in shares of Victoria’s Secret & Co. in the 3rd quarter worth about $53,000. 90.29% of the stock is owned by institutional investors and hedge funds.

Victoria’s Secret & Co. Company Profile

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.