Victoria’s Secret & Co. (NYSE:VSCO) Sets New 1-Year High After Earnings Beat

Victoria’s Secret & Co. (NYSE:VSCO)’s stock price hit a new 52-week high on Friday after the company announced better than expected quarterly earnings. The company traded as high as $48.95 and last traded at $49.7740, with a volume of 1788301 shares. The stock had previously closed at $41.57.

The company reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.60) by $0.33. The firm 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 33.77% and a net margin of 2.42%.The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the business 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.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VSCO. Morgan Stanley reissued a “reduce” rating on shares of Victoria’s Secret & Co. in a report on Friday, September 12th. The Goldman Sachs Group upgraded shares of Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $18.00 to $32.00 in a research note on Monday, October 27th. Bank of America upped their price target on shares of Victoria’s Secret & Co. from $18.00 to $21.00 and gave the company an “underperform” rating in a research note on Friday, August 29th. UBS Group reaffirmed a “buy” rating on shares of Victoria’s Secret & Co. in a report on Monday, November 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Victoria’s Secret & Co. in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $33.18.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Aster Capital Management DIFC Ltd acquired a new position in shares of Victoria’s Secret & Co. during the 3rd quarter valued at $30,000. Virtus Advisers LLC acquired a new stake in shares of Victoria’s Secret & Co. in the first quarter valued at $30,000. State of Wyoming bought a new position in Victoria’s Secret & Co. during the third quarter valued at about $48,000. Caitong International Asset Management Co. Ltd acquired a new position in Victoria’s Secret & Co. during the second quarter worth about $35,000. Finally, Quantbot Technologies LP bought a new stake in Victoria’s Secret & Co. in the third quarter worth about $53,000. Hedge funds and other institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Stock Up 20.5%

The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.36 and a current ratio of 1.14. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 27.65 and a beta of 2.24. The stock’s fifty day simple moving average is $33.90 and its two-hundred day simple moving average is $25.93.

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.