Bath & Body Works, Inc. (NYSE:BBWI) Receives $24.00 Consensus Price Target from Analysts

Bath & Body Works, Inc. (NYSE:BBWI) has earned an average recommendation of “Hold” from the seventeen ratings firms that are presently covering the firm, MarketBeat.com reports. Fourteen analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $24.00.

Several analysts have recently weighed in on BBWI shares. Robert W. Baird set a $20.00 price target on shares of Bath & Body Works in a research note on Wednesday, December 17th. Jefferies Financial Group began coverage on Bath & Body Works in a research note on Wednesday, January 14th. They issued a “hold” rating and a $24.00 price objective on the stock. Guggenheim began coverage on Bath & Body Works in a report on Tuesday, December 9th. They set a “neutral” rating on the stock. Barclays lifted their target price on Bath & Body Works from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Finally, Telsey Advisory Group upped their target price on Bath & Body Works from $23.00 to $25.00 and gave the stock a “market perform” rating in a report on Thursday, March 5th.

Bath & Body Works Trading Down 4.5%

NYSE BBWI opened at $19.42 on Friday. The stock has a market cap of $3.91 billion, a PE ratio of 6.17, a PEG ratio of 2.03 and a beta of 1.48. Bath & Body Works has a 12 month low of $14.27 and a 12 month high of $34.66. The company’s 50-day moving average price is $22.17 and its 200-day moving average price is $22.81.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.28. The company had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.59 billion. Bath & Body Works had a net margin of 8.90% and a negative return on equity of 45.60%. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the business posted $2.09 EPS. Bath & Body Works has set its Q1 2026 guidance at 0.240-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. As a group, sell-side analysts forecast that Bath & Body Works will post 3.3 earnings per share for the current year.

Bath & Body Works Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 20th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Friday, February 20th. Bath & Body Works’s payout ratio is presently 25.40%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BBWI. Retirement Systems of Alabama lifted its position in shares of Bath & Body Works by 40.6% in the 3rd quarter. Retirement Systems of Alabama now owns 772,324 shares of the company’s stock worth $19,895,000 after purchasing an additional 223,089 shares during the period. Allianz Asset Management GmbH increased its holdings in Bath & Body Works by 58.8% during the third quarter. Allianz Asset Management GmbH now owns 263,628 shares of the company’s stock valued at $6,791,000 after buying an additional 97,640 shares during the period. Diamond Hill Capital Management Inc. raised its stake in Bath & Body Works by 29.9% in the third quarter. Diamond Hill Capital Management Inc. now owns 369,452 shares of the company’s stock worth $9,517,000 after buying an additional 85,000 shares in the last quarter. Intech Investment Management LLC raised its stake in Bath & Body Works by 53.5% in the second quarter. Intech Investment Management LLC now owns 58,460 shares of the company’s stock worth $1,751,000 after buying an additional 20,381 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Bath & Body Works by 11.5% during the second quarter. JPMorgan Chase & Co. now owns 7,080,106 shares of the company’s stock worth $212,120,000 after buying an additional 733,000 shares during the period. 95.14% of the stock is currently owned by institutional investors.

About Bath & Body Works

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.