Victoria’s Secret & Co. (NYSE:VSCO) Price Target Raised to $29.00

Victoria’s Secret & Co. (NYSE:VSCO) had its target price raised by Telsey Advisory Group from $24.00 to $29.00 in a research note issued to investors on Wednesday, MarketBeat Ratings reports. Telsey Advisory Group currently has a market perform rating on the stock.

A number of other research analysts have also recently weighed in on the company. Wells Fargo & Company lifted their target price on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a report on Friday, August 29th. Wall Street Zen upgraded Victoria’s Secret & Co. from a “sell” rating to a “hold” rating in a report on Friday, August 22nd. The Goldman Sachs Group raised their price objective on Victoria’s Secret & Co. from $16.00 to $18.00 and gave the company a “sell” rating in a research report on Friday, August 29th. Bank of America raised their price objective on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the company an “underperform” rating in a research report on Friday, August 29th. Finally, Barclays raised their price objective on Victoria’s Secret & Co. from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Friday, August 29th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $26.73.

Victoria’s Secret & Co. Price Performance

Shares of Victoria’s Secret & Co. stock opened at $29.11 on Wednesday. Victoria’s Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73. The stock has a market capitalization of $2.33 billion, a P/E ratio of 16.17, a PEG ratio of 1.58 and a beta of 2.23. 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 business’s fifty day moving average price is $23.82 and its 200 day moving average price is $21.09.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.20. Victoria’s Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The firm had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the firm earned $0.40 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

Institutional Trading of Victoria’s Secret & Co.

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its position in shares of Victoria’s Secret & Co. by 1,209.6% during the first quarter. GAMMA Investing LLC now owns 45,651 shares of the company’s stock worth $848,000 after acquiring an additional 42,165 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Victoria’s Secret & Co. by 54.2% during the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company’s stock worth $26,570,000 after acquiring an additional 502,622 shares during the last quarter. Arena Capital Advisors LLC CA bought a new stake in Victoria’s Secret & Co. in the first quarter valued at about $484,000. Cramer Rosenthal Mcglynn LLC increased its holdings in Victoria’s Secret & Co. by 163.0% in the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company’s stock valued at $26,140,000 after buying an additional 871,968 shares during the last quarter. Finally, Peregrine Capital Management LLC increased its holdings in Victoria’s Secret & Co. by 30.8% in the first quarter. Peregrine Capital Management LLC now owns 223,581 shares of the company’s stock valued at $4,154,000 after buying an additional 52,618 shares during the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

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.