Victoria’s Secret & Co. (NYSE:VSCO) Stock Price Down 8.7% – Here’s What Happened

Victoria’s Secret & Co. (NYSE:VSCO) fell 8.7% during trading on Monday . The stock traded as low as $58.76 and last traded at $58.7870. 867,394 shares changed hands during trading, a decline of 52% from the average session volume of 1,801,136 shares. The stock had previously closed at $64.37.

Analyst Ratings Changes

A number of brokerages recently commented on VSCO. TD Cowen restated a “hold” rating on shares of Victoria’s Secret & Co. in a research report on Monday, December 8th. Morgan Stanley upgraded shares of Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 target price on the stock in a report on Friday, December 5th. Weiss Ratings raised Victoria’s Secret & Co. from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, February 6th. Zacks Research cut Victoria’s Secret & Co. from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Jefferies Financial Group lifted their target price 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. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $55.20.

Victoria’s Secret & Co. Trading Down 0.5%

The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.38 and a current ratio of 1.30. The firm has a market cap of $4.98 billion, a PE ratio of 30.26, a price-to-earnings-growth ratio of 2.35 and a beta of 2.21. The stock has a 50-day simple moving average of $58.83 and a two-hundred day simple moving average of $41.48.

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

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

Large investors have recently made changes to their positions in the business. Optimize Financial Inc acquired a new stake in Victoria’s Secret & Co. during the third quarter valued at $617,000. Public Sector Pension Investment Board increased its holdings in shares of Victoria’s Secret & Co. by 14.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 311,502 shares of the company’s stock worth $8,454,000 after buying an additional 39,356 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Victoria’s Secret & Co. in the second quarter valued at about $200,000. Y Intercept Hong Kong Ltd boosted its position in shares of Victoria’s Secret & Co. by 362.1% during the third quarter. Y Intercept Hong Kong Ltd now owns 84,410 shares of the company’s stock worth $2,291,000 after buying an additional 66,144 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its stake in Victoria’s Secret & Co. by 219.3% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 55,542 shares of the company’s stock worth $1,029,000 after buying an additional 38,149 shares during the period. 90.29% of the stock is owned by institutional investors and hedge funds.

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.