Bath & Body Works (NYSE:BBWI) Reaches New 52-Week Low – What’s Next?

Bath & Body Works, Inc. (NYSE:BBWI)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $23.43 and last traded at $23.4650, with a volume of 1658024 shares trading hands. The stock had previously closed at $24.23.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on BBWI shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Bath & Body Works in a research note on Wednesday, October 8th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $26.00 price target on shares of Bath & Body Works in a research note on Monday, October 6th. Citigroup dropped their price target on shares of Bath & Body Works from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, August 19th. Jefferies Financial Group dropped their price target on shares of Bath & Body Works from $32.00 to $28.50 and set a “hold” rating on the stock in a research note on Monday, October 13th. Finally, Barclays decreased their price objective on Bath & Body Works from $32.00 to $28.00 and set an “equal weight” rating for the company in a report on Monday, October 20th. Eleven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $38.18.

Bath & Body Works Stock Down 4.3%

The company has a fifty day moving average of $26.42 and a two-hundred day moving average of $28.84. The stock has a market capitalization of $4.67 billion, a price-to-earnings ratio of 6.72, a P/E/G ratio of 0.86 and a beta of 1.52.

Bath & Body Works (NYSE:BBWI) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.37 earnings per share for the quarter, hitting the consensus estimate of $0.37. Bath & Body Works had a negative return on equity of 48.43% and a net margin of 9.88%.The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same period last year, the company earned $0.37 earnings per share. The company’s revenue for the quarter was down .8% on a year-over-year basis. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. Equities analysts anticipate that Bath & Body Works, Inc. will post 3.3 earnings per share for the current fiscal year.

Bath & Body Works Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 22nd were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, August 22nd. This represents a $0.80 annualized dividend and a dividend yield of 3.5%. Bath & Body Works’s dividend payout ratio (DPR) is currently 23.74%.

Institutional Investors Weigh In On Bath & Body Works

A number of hedge funds and other institutional investors have recently bought and sold shares of BBWI. IFM Investors Pty Ltd acquired a new stake in Bath & Body Works in the first quarter valued at $1,314,000. Bank of New York Mellon Corp lifted its holdings in Bath & Body Works by 9.8% in the first quarter. Bank of New York Mellon Corp now owns 2,274,388 shares of the company’s stock valued at $68,959,000 after acquiring an additional 203,724 shares during the period. TD Private Client Wealth LLC lifted its holdings in Bath & Body Works by 44.3% in the first quarter. TD Private Client Wealth LLC now owns 3,305 shares of the company’s stock valued at $100,000 after acquiring an additional 1,015 shares during the period. New Mexico Educational Retirement Board acquired a new stake in Bath & Body Works in the first quarter valued at $1,295,000. Finally, Allworth Financial LP lifted its holdings in Bath & Body Works by 3,679.4% in the first quarter. Allworth Financial LP now owns 8,617 shares of the company’s stock valued at $256,000 after acquiring an additional 8,389 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

About Bath & Body Works

Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.