Victoria’s Secret & Co. (NYSE:VSCO) Stock Rating Upgraded by Wall Street Zen

Victoria’s Secret & Co. (NYSE:VSCO) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other equities research analysts have also issued reports on the company. Zacks Research raised Victoria’s Secret & Co. to a “hold” rating in a research note on Monday, August 11th. Telsey Advisory Group upped their target price on Victoria’s Secret & Co. from $29.00 to $45.00 and gave the company a “market perform” rating in a report on Tuesday, December 2nd. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $34.00 to $60.00 in a report on Friday. Wells Fargo & Company lifted their target price on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the stock an “underweight” rating in a report on Friday, August 29th. Finally, Bank of America raised their target price on shares of Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a report on Friday, August 29th. Six investment analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Victoria’s Secret & Co. has an average rating of “Hold” and a consensus target price of $39.09.

Victoria’s Secret & Co. Stock Performance

Shares of VSCO opened at $49.01 on Friday. The firm has a market capitalization of $3.93 billion, a P/E ratio of 23.91 and a beta of 2.24. The stock has a 50 day moving average price of $34.35 and a two-hundred day moving average price of $26.15. Victoria’s Secret & Co. has a 52 week low of $13.76 and a 52 week high of $50.22. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.36 and a current ratio of 1.14.

Victoria’s Secret & Co. (NYSE:VSCO) last released its earnings results on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.60) by $0.33. Victoria’s Secret & Co. had a return on equity of 33.56% and a net margin of 2.67%.The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the company posted ($0.50) earnings per share. Victoria’s Secret & Co.’s quarterly revenue 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. Equities analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current fiscal year.

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

Several institutional investors and hedge funds have recently bought and sold shares of VSCO. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Victoria’s Secret & Co. by 6.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,364 shares of the company’s stock worth $378,000 after purchasing an additional 1,307 shares during the period. US Bancorp DE lifted its holdings in Victoria’s Secret & Co. by 335.8% during the first quarter. US Bancorp DE now owns 11,409 shares of the company’s stock valued at $212,000 after purchasing an additional 8,791 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Victoria’s Secret & Co. by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company’s stock worth $166,599,000 after buying an additional 38,695 shares during the last quarter. Savvy Advisors Inc. purchased a new stake in shares of Victoria’s Secret & Co. during the first quarter worth approximately $195,000. Finally, Wolverine Asset Management LLC raised its position in shares of Victoria’s Secret & Co. by 20.5% in the first quarter. Wolverine Asset Management LLC now owns 81,119 shares of the company’s stock valued at $1,507,000 after buying an additional 13,795 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.