Victoria's Secret & Co. (NYSE:VSCO) Receives Consensus Recommendation of "Hold" from Brokerages

Shares of Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) have earned an average recommendation of "Hold" from the eleven research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $36.73.

Several research firms recently issued reports on VSCO. TD Cowen raised their price target on Victoria's Secret & Co. from $35.00 to $45.00 and gave the stock a "hold" rating in a research report on Monday, December 9th. UBS Group upgraded shares of Victoria's Secret & Co. from a "sell" rating to a "neutral" rating and raised their target price for the stock from $18.00 to $47.00 in a report on Tuesday, December 10th. Wells Fargo & Company restated an "equal weight" rating and set a $45.00 price target (up previously from $33.00) on shares of Victoria's Secret & Co. in a report on Monday, December 9th. Jefferies Financial Group increased their price objective on Victoria's Secret & Co. from $30.00 to $40.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $40.00 target price on shares of Victoria's Secret & Co. in a research note on Friday, December 6th.

Victoria's Secret & Co. Price Performance

Shares of Victoria's Secret & Co. stock traded down $0.47 on Tuesday, hitting $41.42. 1,299,055 shares of the company traded hands, compared to its average volume of 2,662,266. Victoria's Secret & Co. has a 12-month low of $15.12 and a 12-month high of $48.73. The company has a current ratio of 1.17, a quick ratio of 0.31 and a debt-to-equity ratio of 3.12. The company has a market cap of $3.26 billion, a P/E ratio of 21.46, a P/E/G ratio of 2.88 and a beta of 2.19. The firm's 50-day simple moving average is $38.22 and its 200 day simple moving average is $27.43.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings data on Thursday, December 5th. The company reported ($0.50) earnings per share for the quarter, beating analysts' consensus estimates of ($0.62) by $0.12. The company had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.29 billion. Victoria's Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. Victoria's Secret & Co.'s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.86) EPS. Analysts expect that Victoria's Secret & Co. will post 2.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Virtus Fund Advisers LLC purchased a new position in shares of Victoria's Secret & Co. during the 3rd quarter worth $27,000. Blue Trust Inc. raised its holdings in Victoria's Secret & Co. by 741.4% in the 3rd quarter. Blue Trust Inc. now owns 1,708 shares of the company's stock worth $44,000 after purchasing an additional 1,505 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in Victoria's Secret & Co. during the second quarter valued at $50,000. Quarry LP grew its holdings in Victoria's Secret & Co. by 126.6% during the second quarter. Quarry LP now owns 3,157 shares of the company's stock valued at $56,000 after purchasing an additional 1,764 shares during the period. Finally, GAMMA Investing LLC grew its holdings in Victoria's Secret & Co. by 109.5% during the third quarter. GAMMA Investing LLC now owns 3,160 shares of the company's stock valued at $81,000 after purchasing an additional 1,652 shares during the period. Institutional investors own 90.29% of the company's stock.

About Victoria's Secret & Co.

Victoria's Secret & Co operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.