Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) has been assigned an average rating of “Reduce” from the fourteen analysts that are covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $26.7273.
A number of equities research analysts recently weighed in on VSCO shares. Morgan Stanley reissued a “reduce” rating on shares of Victoria’s Secret & Co. in a research report on Friday, September 12th. Zacks Research raised Victoria’s Secret & Co. to a “hold” rating in a research report on Monday, August 11th. Wells Fargo & Company lifted their target price on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the stock an “underweight” rating in a research report on Friday, August 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Victoria’s Secret & Co. in a research report on Wednesday. Finally, Jefferies Financial Group decreased their price objective on Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, August 29th.
Check Out Our Latest Research Report on VSCO
Victoria’s Secret & Co. Trading Up 6.3%
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last released its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.20. Victoria’s Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business earned $0.40 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. Equities research analysts predict that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.
Hedge Funds Weigh In On Victoria’s Secret & Co.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtus Advisers LLC bought a new position in shares of Victoria’s Secret & Co. during the 1st quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Victoria’s Secret & Co. during the 2nd quarter worth approximately $35,000. Hara Capital LLC bought a new position in shares of Victoria’s Secret & Co. during the 2nd quarter worth approximately $36,000. NBC Securities Inc. lifted its position in shares of Victoria’s Secret & Co. by 141,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company’s stock worth $52,000 after buying an additional 2,820 shares during the period. Finally, Allworth Financial LP lifted its position in shares of Victoria’s Secret & Co. by 677.4% during the 1st quarter. Allworth Financial LP now owns 3,063 shares of the company’s stock worth $57,000 after buying an additional 2,669 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 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.
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