Victoria’s Secret & Co. (NYSE:VSCO) Shares Gap Down – Time to Sell?

Victoria’s Secret & Co. (NYSE:VSCO)’s share price gapped down before the market opened 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 commented on the stock. Telsey Advisory Group upgraded shares of Victoria’s Secret & Co. from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $50.00 to $66.00 in a report on Wednesday, December 17th. UBS Group upped their price target on shares of Victoria’s Secret & Co. from $60.00 to $73.00 and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $34.00 to $60.00 in a research note on Friday, December 5th. Wall Street Zen raised shares of Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Finally, Cowen reaffirmed a “hold” rating on shares of Victoria’s Secret & Co. in a report on Monday, December 8th. One equities 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 assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $54.60.

Victoria’s Secret & Co. Price Performance

The stock has a market capitalization of $5.07 billion, a price-to-earnings ratio of 30.78, a P/E/G ratio of 2.73 and a beta of 2.21. 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 business’s 50 day simple moving average is $46.61 and its 200-day simple moving average is $32.30.

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

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

A number of institutional investors have recently modified their holdings of the business. Baird Financial Group Inc. acquired a new position in shares of Victoria’s Secret & Co. during the first quarter worth $233,000. Royal Bank of Canada increased its holdings in Victoria’s Secret & Co. by 279.1% in the 1st quarter. Royal Bank of Canada now owns 47,839 shares of the company’s stock worth $888,000 after purchasing an additional 35,220 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Victoria’s Secret & Co. by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,949 shares of the company’s stock worth $1,170,000 after purchasing an additional 1,797 shares in the last quarter. Intech Investment Management LLC raised its position in Victoria’s Secret & Co. by 642.8% in the first quarter. Intech Investment Management LLC now owns 175,722 shares of the company’s stock valued at $3,265,000 after purchasing an additional 152,065 shares during the last quarter. Finally, Strs Ohio acquired a new stake in shares of Victoria’s Secret & Co. during the first quarter valued at about $674,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

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.