Victoria’s Secret & Co. (NYSE:VSCO) Short Interest Down 24.0% in December

Victoria’s Secret & Co. (NYSE:VSCO) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 8,125,936 shares, a decrease of 24.0% from the November 30th total of 10,689,586 shares. Currently, 10.2% of the company’s shares are short sold. Based on an average trading volume of 4,312,676 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 4,312,676 shares, the short-interest ratio is presently 1.9 days. Currently, 10.2% of the company’s shares are short sold.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on VSCO shares. Bank of America raised shares of Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price target on the stock in a research note on Monday, December 8th. Guggenheim began coverage on Victoria’s Secret & Co. in a research report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Jefferies Financial Group upped their price target on Victoria’s Secret & Co. from $57.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Telsey Advisory Group upgraded Victoria’s Secret & Co. from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $50.00 to $66.00 in a research report on Wednesday, December 17th. Finally, Wall Street Zen raised Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a research note on Saturday, December 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Victoria’s Secret & Co. presently has an average rating of “Moderate Buy” and a consensus price target of $53.30.

Victoria’s Secret & Co. Stock Down 2.4%

NYSE VSCO traded down $1.34 during trading on Tuesday, reaching $54.71. 1,225,842 shares of the company’s stock were exchanged, compared to its average volume of 3,153,853. The company has a 50 day moving average price of $42.74 and a two-hundred day moving average price of $30.08. The stock has a market cap of $4.39 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 2.32 and a beta of 2.24. Victoria’s Secret & Co. has a 1 year low of $13.76 and a 1 year high of $56.95. 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 released its quarterly earnings data on Friday, December 5th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the business posted ($0.50) EPS. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. 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 research analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Institutional Trading of Victoria’s Secret & Co.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Primecap Management Co. CA boosted its holdings in shares of Victoria’s Secret & Co. by 1,586.7% in the 2nd quarter. Primecap Management Co. CA now owns 1,972,333 shares of the company’s stock valued at $36,528,000 after buying an additional 1,855,400 shares in the last quarter. Millennium Management LLC raised its stake in Victoria’s Secret & Co. by 9,595.8% during the 1st quarter. Millennium Management LLC now owns 1,419,080 shares of the company’s stock worth $26,367,000 after acquiring an additional 1,404,444 shares in the last quarter. Goldentree Asset Management LP lifted its holdings in shares of Victoria’s Secret & Co. by 71.8% in the 2nd quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company’s stock valued at $55,242,000 after purchasing an additional 1,249,065 shares during the last quarter. Marshall Wace LLP grew its position in shares of Victoria’s Secret & Co. by 2,729.6% during the second quarter. Marshall Wace LLP now owns 923,823 shares of the company’s stock worth $17,109,000 after acquiring an additional 891,175 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Victoria’s Secret & Co. in the third quarter valued at about $20,870,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

About Victoria’s Secret & Co.

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.