Telsey Advisory Group Forecasts Strong Price Appreciation for Victoria’s Secret & Co. (NYSE:VSCO) Stock

by · The Markets Daily

Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) had its price target boosted by equities researchers at Telsey Advisory Group from $45.00 to $50.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective points to a potential upside of 2.03% from the company’s previous close.

Several other analysts also recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and upped their price target for the company from $34.00 to $60.00 in a research report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Victoria’s Secret & Co. in a research note on Thursday, October 30th. UBS Group set a $60.00 price target on Victoria’s Secret & Co. in a research report on Monday. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Victoria’s Secret & Co. in a research note on Monday. Finally, Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a research note on Saturday. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $40.82.

Read Our Latest Stock Report on VSCO

Victoria’s Secret & Co. Stock Up 17.9%

Shares of NYSE VSCO opened at $49.01 on Monday. The business has a 50-day moving average price of $34.35 and a 200 day moving average price of $26.15. The stock has a market cap of $3.93 billion, a PE ratio of 23.91 and a beta of 2.24. The company has a quick ratio of 0.36, a current ratio of 1.14 and a debt-to-equity ratio of 1.48. Victoria’s Secret & Co. has a 52-week low of $13.76 and a 52-week high of $50.22.

Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last issued its quarterly earnings data on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.56% and a net margin of 2.67%.The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.50) earnings per share. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. Equities research analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

Institutional Investors Weigh In On Victoria’s Secret & Co.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Virtus Advisers LLC purchased a new stake in shares of Victoria’s Secret & Co. during the 1st quarter worth $30,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Victoria’s Secret & Co. in the third quarter valued at about $30,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Victoria’s Secret & Co. in the second quarter valued at about $35,000. Hara Capital LLC purchased a new stake in Victoria’s Secret & Co. during the second quarter worth about $36,000. Finally, State of Wyoming purchased a new stake in Victoria’s Secret & Co. during the third quarter worth about $48,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

About Victoria’s Secret & Co.

(Get Free Report)

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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