 Weiss Ratings reissued their hold (c) rating on shares of Victoria’s Secret & Co. (NYSE:VSCO – Free Report)  in a report published on Thursday,Weiss Ratings reports.
Weiss Ratings reissued their hold (c) rating on shares of Victoria’s Secret & Co. (NYSE:VSCO – Free Report)  in a report published on Thursday,Weiss Ratings reports.
A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group upgraded shares of Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and increased their target price for the stock from $18.00 to $32.00 in a research report on Monday. Wells Fargo & Company raised their price objective on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research report on Friday, August 29th. UBS Group set a $46.00 price objective on shares of Victoria’s Secret & Co. and gave the company a “buy” rating in a research report on Wednesday. Morgan Stanley restated a “reduce” rating on shares of Victoria’s Secret & Co. in a research report on Friday, September 12th. Finally, Jefferies Financial Group cut their price objective on shares of Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $29.91.
Check Out Our Latest Analysis on VSCO
Victoria’s Secret & Co. Price Performance
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.20. The firm had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.40 billion. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $0.40 earnings per share. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. Equities analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current year.
Institutional Investors Weigh In On Victoria’s Secret & Co.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Virtus Advisers LLC purchased a new stake in Victoria’s Secret & Co. in the first quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in Victoria’s Secret & Co. in the second quarter valued at approximately $35,000. Hara Capital LLC purchased a new stake in Victoria’s Secret & Co. in the second quarter valued at approximately $36,000. Allworth Financial LP raised its stake in Victoria’s Secret & Co. by 677.4% in the first quarter. Allworth Financial LP now owns 3,063 shares of the company’s stock valued at $57,000 after purchasing an additional 2,669 shares in the last quarter. Finally, KBC Group NV raised its stake in Victoria’s Secret & Co. by 40.8% in the first quarter. KBC Group NV now owns 3,904 shares of the company’s stock valued at $73,000 after purchasing an additional 1,132 shares in the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Victoria’s Secret & Co.
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Why Microsoft’s Post-Earnings Dip Is a Buy-the-Pause Moment
- What Are Earnings Reports?
- NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations
Receive News & Ratings for Victoria's Secret & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Victoria's Secret & Co. and related companies with MarketBeat.com's FREE daily email newsletter.

 
						 
						 
						 
						 
						