Bath & Body Works (BBWI) Scheduled to Post Earnings on Monday

Bath & Body Works (NYSE:BBWI - Get Free Report) is set to issue its quarterly earnings data before the market opens on Monday, November 25th. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Bath & Body Works (NYSE:BBWI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.02. The firm had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.54 billion. Bath & Body Works had a negative return on equity of 41.94% and a net margin of 12.69%. On average, analysts expect Bath & Body Works to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Bath & Body Works Stock Performance

BBWI traded down $0.09 during trading on Monday, reaching $31.45. The company had a trading volume of 3,822,890 shares, compared to its average volume of 3,824,575. The company has a market cap of $6.89 billion, a price-to-earnings ratio of 7.62, a PEG ratio of 1.00 and a beta of 1.79. Bath & Body Works has a 12-month low of $26.20 and a 12-month high of $52.99. The firm's 50-day simple moving average is $30.18 and its 200 day simple moving average is $36.38.

Bath & Body Works Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.20 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.80 annualized dividend and a dividend yield of 2.54%. Bath & Body Works's dividend payout ratio is 19.37%.

Insider Buying and Selling at Bath & Body Works

In other Bath & Body Works news, CEO Gina Boswell acquired 6,000 shares of Bath & Body Works stock in a transaction on Wednesday, October 9th. The shares were bought at an average price of $29.64 per share, with a total value of $177,840.00. Following the completion of the purchase, the chief executive officer now owns 242,987 shares in the company, valued at $7,202,134.68. This trade represents a 2.53 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.27% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on BBWI shares. BMO Capital Markets reaffirmed an "outperform" rating and issued a $50.00 price target (down from $52.00) on shares of Bath & Body Works in a research report on Thursday, August 29th. JPMorgan Chase & Co. dropped their price target on Bath & Body Works from $42.00 to $39.00 and set a "neutral" rating on the stock in a research report on Thursday, August 29th. Evercore ISI dropped their price target on Bath & Body Works from $45.00 to $35.00 and set an "in-line" rating on the stock in a research report on Wednesday, August 28th. Morgan Stanley dropped their price target on Bath & Body Works from $56.00 to $51.00 and set an "overweight" rating on the stock in a research report on Thursday, September 5th. Finally, Wells Fargo & Company lowered their price objective on Bath & Body Works from $35.00 to $32.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $42.44.

Bath & Body Works Company Profile

Bath & Body Works, Inc operates a specialty retailer of home fragrance, body care, and soaps and sanitizer products. It sells its products under the Bath & Body Works, White Barn, and other brand names through retail stores and e-commerce sites located in the United States and Canada, as well as through international stores operated by partners under franchise, license, and wholesale arrangements.