Victoria’s Secret & Co. (NYSE:VSCO) Issues Earnings Results, Beats Expectations By $0.33 EPS

Victoria’s Secret & Co. (NYSE:VSCO) released its quarterly earnings data on Friday. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.33, Zacks reports. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.50) EPS. Victoria’s Secret & Co. updated its FY 2025 guidance to 2.400-2.650 EPS and its Q4 2025 guidance to 2.200-2.45 EPS.

Victoria’s Secret & Co. Trading Down 2.5%

Shares of NYSE VSCO opened at $41.46 on Friday. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73. The business has a fifty day moving average price of $33.90 and a 200 day moving average price of $25.93. The stock has a market capitalization of $3.32 billion, a P/E ratio of 23.04 and a beta of 2.24. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36.

Analysts Set New Price Targets

Several research firms have recently weighed in on VSCO. UBS Group reaffirmed a “buy” rating on shares of Victoria’s Secret & Co. in a research note on Monday, November 24th. Bank of America lifted their target price on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the company an “underperform” rating in a research report on Friday, August 29th. Barclays reiterated an “overweight” rating and issued a $47.00 target price on shares of Victoria’s Secret & Co. in a report on Monday. Wells Fargo & Company raised their price target on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research note on Friday, August 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Victoria’s Secret & Co. from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $33.18.

Institutional Trading of Victoria’s Secret & Co.

Several hedge funds have recently modified their holdings of VSCO. California State Teachers Retirement System boosted its holdings in shares of Victoria’s Secret & Co. by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 65,191 shares of the company’s stock valued at $1,207,000 after buying an additional 483 shares in the last quarter. Lazard Asset Management LLC lifted its position in Victoria’s Secret & Co. by 7.7% during the second quarter. Lazard Asset Management LLC now owns 7,258 shares of the company’s stock valued at $133,000 after acquiring an additional 521 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Victoria’s Secret & Co. by 1.1% in the third quarter. Raymond James Financial Inc. now owns 67,981 shares of the company’s stock valued at $1,845,000 after acquiring an additional 769 shares in the last quarter. Cerity Partners LLC grew its holdings in Victoria’s Secret & Co. by 3.9% in the second quarter. Cerity Partners LLC now owns 23,557 shares of the company’s stock worth $436,000 after purchasing an additional 892 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in Victoria’s Secret & Co. by 1.7% in the second quarter. Thrivent Financial for Lutherans now owns 58,707 shares of the company’s stock worth $1,087,000 after purchasing an additional 958 shares during the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

About Victoria’s Secret & Co.

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.