Press coverage about L Brands (NYSE:LB) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. L Brands earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 46.1655443128162 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

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LB has been the subject of several research reports. Morgan Stanley reissued an “overweight” rating and issued a $70.00 price objective on shares of L Brands in a research note on Thursday, December 14th. Deutsche Bank dropped their price objective on shares of L Brands from $67.00 to $65.00 and set a “buy” rating for the company in a research note on Monday, February 26th. Bank of America set a $38.00 price objective on shares of L Brands and gave the company a “sell” rating in a research note on Thursday, March 1st. B. Riley reissued a “buy” rating and issued a $58.00 price objective on shares of L Brands in a research note on Wednesday, November 29th. Finally, CIBC reissued a “hold” rating and issued a $60.00 price objective on shares of L Brands in a research note on Friday, December 8th. Seven investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $50.33.

L Brands (NYSE:LB) traded down $0.60 on Wednesday, hitting $41.30. 4,215,546 shares of the stock traded hands, compared to its average volume of 4,941,980. L Brands has a 52 week low of $35.00 and a 52 week high of $63.10. The company has a debt-to-equity ratio of -5.10, a quick ratio of 0.60 and a current ratio of 1.45. The firm has a market capitalization of $11,897.48, a PE ratio of 12.01, a PEG ratio of 1.16 and a beta of 0.59.

L Brands (NYSE:LB) last posted its quarterly earnings data on Wednesday, February 28th. The specialty retailer reported $2.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.05 by $0.06. L Brands had a net margin of 7.78% and a negative return on equity of 96.25%. The company had revenue of $4.82 billion during the quarter, compared to analysts’ expectations of $4.72 billion. During the same period in the prior year, the company posted $2.03 earnings per share. L Brands’s revenue for the quarter was up 7.4% compared to the same quarter last year. equities research analysts anticipate that L Brands will post 3.17 EPS for the current fiscal year.

L Brands announced that its board has authorized a stock buyback program on Thursday, March 8th that permits the company to buyback $226.90 million in shares. This buyback authorization permits the specialty retailer to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 9th. Stockholders of record on Friday, February 23rd were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend was Thursday, February 22nd. L Brands’s dividend payout ratio (DPR) is presently 69.77%.

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L Brands Company Profile

L Brands, Inc operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care, beauty and home fragrance categories. Its segments include Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. It sells its merchandise through company-owned specialty retail stores in the United States, Canada, the United Kingdom and Greater China, which are mall-based; through Websites, and through international franchise, license and wholesale partners.

Insider Buying and Selling by Quarter for L Brands (NYSE:LB)

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