Piper Sandler Upgrades Bath & Body Works (NYSE:BBWI) to “Hold”

Bath & Body Works (NYSE:BBWI) was upgraded by analysts at Piper Sandler to a “hold” rating in a research note issued to investors on Friday,Zacks.com reports.

BBWI has been the subject of a number of other research reports. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a “hold” rating in a research note on Tuesday, March 3rd. Telsey Advisory Group lifted their target price on shares of Bath & Body Works from $23.00 to $25.00 and gave the stock a “market perform” rating in a research report on Thursday, March 5th. UBS Group lifted their target price on shares of Bath & Body Works from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Bath & Body Works in a research report on Monday, April 20th. Finally, Citigroup cut shares of Bath & Body Works from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $21.00 to $25.00 in a research report on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat, Bath & Body Works presently has a consensus rating of “Hold” and a consensus target price of $21.54.

Bath & Body Works Trading Down 4.8%

BBWI stock opened at $17.10 on Friday. The company’s 50 day moving average is $19.14 and its 200 day moving average is $20.66. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 5.43, a price-to-earnings-growth ratio of 1.79 and a beta of 1.43. Bath & Body Works has a 1-year low of $14.27 and a 1-year high of $34.29.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings data on Wednesday, March 4th. The company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.28. Bath & Body Works had a net margin of 8.90% and a negative return on equity of 45.60%. The company had revenue of $2.72 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the prior year, the business earned $2.09 earnings per share. Bath & Body Works’s revenue for the quarter was down 2.3% compared to the same quarter last year. 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 2.6 EPS for the current fiscal year.

Institutional Trading of Bath & Body Works

Institutional investors have recently made changes to their positions in the stock. First Horizon Corp purchased a new stake in Bath & Body Works in the third quarter worth $29,000. Global Retirement Partners LLC purchased a new stake in Bath & Body Works in the fourth quarter worth $31,000. Activest Wealth Management purchased a new stake in Bath & Body Works in the fourth quarter worth $32,000. Geneos Wealth Management Inc. lifted its stake in Bath & Body Works by 217.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock worth $35,000 after acquiring an additional 801 shares during the period. Finally, Parallel Advisors LLC lifted its stake in Bath & Body Works by 42.6% in the fourth quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock worth $38,000 after acquiring an additional 567 shares during the period. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Bath & Body Works Company Profile

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.