At the last check on Friday, Victoria’s Secret & Co.’s (NYSE:VSCO) stock was up $0.46, moving up 2.27 percent to $20.69. The average number of shares traded per day over the past five days has been 1,515,750 shares. 2 times new highs have been achieved over the past 5 days, with a $0.58 gain in that time frame. In the last twenty days, the average volume was 1,732,207, while in the previous 50 days, it was 2,778,745.
Since last month, VSCO stock rose 10.23%. Shares of the company fell to $17.66 on 07/05/23, the lowest level in the past month. A 52-week high of $48.16 was reached on 02/02/23 after having rallying from a 52-week low of $16.78. Since the beginning of this year, VSCO’s stock price has dropped by -42.17% or -$15.02, and marked a new high 8 times. However, the stock has declined by -57.04% since its 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
VSCO stock investors should be aware that Victoria’s Secret & Co. (VSCO) stock had its last reported insider trading activity 183 days ago on Feb 02. BBRC INTERNATIONAL PTE LTD, the Former 10% Owner of the company, disposed of 238,645 shares for $46.21 on Feb 02. It resulted in a $11,027,499 divestment by the insider. BBRC INTERNATIONAL PTE LTD sold 116,750 shares at an average price of $46.09 on Feb 01. The insider now owns 8,002,054 shares following the transaction. On Dec 08, 10% Owner BBRC INTERNATIONAL PTE LTD sold 109,968 shares at $46.08 apiece. The transaction was valued at $5,067,325.
Valuation Metrics
Right now, Victoria’s Secret & Co. (VSCO) has a P/E ratio of about 6.33. The stock’s beta is 2.01. Besides these, the trailing price-to-sales (P/S) ratio of 0.25, the price-to-book (PB) ratio of 6.09, and the price-to-cash flow ratio of 5.75 may also be considered.
Financial Health
In the three months ended April 29, Victoria’s Secret & Co.’s quick ratio stood at 0.30, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 4.80, and the total debt-to-equity ratio was 4.81. On the profitability front, the trailing twelve-month gross margin is 36.20% percent. In the year ended April 29, EBITDA margin amounted to 12.41%, whereas operating margins totaled 6.60%. Based on annual data, VSCO earned $2.26 billion in gross profit and brought in $6.34 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 24.10%. Return on equity (ROE) for the past 12 months was 94.90%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. VSCO’s revenue fell -5.47% to $2.02 billion during the quarter, while net income inched up to $1.41 billion. While analysts expected Victoria’s Secret & Co. to report $0.54 quarterly earnings, the actual figure was $0.28 per share, beating the consensus estimate by -48.10%. During the quarter, the company generated $110.0 million in EBITDA. The liabilities of Victoria’s Secret & Co. were 4.12 billion at the end of its most recent quarter ended April 29, and its total debt was $2.79 billion. The value of shareholders’ equity is $77.15 million.
Technical Picture
This quick technical analysis looks at Victoria’s Secret & Co.’s (VSCO) price momentum. With a historical volatility rate of 44.78%, the RSI 9-day stood at 61.62% on 03 August.
With respect to its five-day moving average, the current Victoria’s Secret & Co. price is up by +2.90% percent or $0.58. At present, VSCO shares trade +6.93% above its 20-day simple moving average and -32.66% percent below its 100-day simple moving average. However, the stock is currently trading approximately -11.94% below its SMA50 and -42.17% below its SMA200.
Stochastic coefficient K was 58.73% and Stochastic coefficient D was 55.49%, while ATR was 0.94. Given the Stochastic reading of 70.21% for the 14-day period, the RSI (14) reading has been calculated as 56.92%. As of today, the MACD Oscillator reading stands at 0.12, while the 14-day reading stands at 0.24.
Analyst Ratings
Victoria’s Secret & Co. downgraded its rating on Victoria’s Secret & Co. (NYSE: VSCO) to an Equal weight in a note to investors on May 02, 2023. The analysts firm previously had an Overweight rating on the stock.Victoria’s Secret & Co. (VSCO) has been rated Overweight by analysts. According to 1 brokerage firm, VSCO is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Victoria’s Secret & Co. stock as buy, with 4 recommending it as overweight.
With a median target price of $21.00, the current consensus forecast for the stock is $16.00 – $34.00. Based on these forecasts, analysts predict Victoria’s Secret & Co. (VSCO) will achieve an average price target of $22.90.