Bath & Body Works Inc. (NYSE:BBWI) finished Thursday with a subtraction of -$0.22 to close at $38.98, a downside of -0.56 percent. An average of 2,916,020 shares of common stock have been traded in the last five days. There was a gain of $1.83 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 3,776,790 shares traded, while the 50-day average volume stands at 3,812,018.
BBWI stock has increased by 6.18% in the last month. The company shares reached their 1-month lowest point of $34.83 on 07/25/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $30.52 and a high of $49.55 in 52 weeks. It has reached a new high 5 times so far this year and lost -7.50% or -$3.16 in price. In spite of this, the price is down -21.33% from the 52-week high.
Insider Transactions
BBWI stock investors should be aware that Bath & Body Works Inc. (BBWI) stock had its last reported insider trading activity 136 days ago on Mar 28.
Valuation Metrics
Bath & Body Works Inc. (BBWI) has a trailing price-to-earnings (P/E) ratio of 12.42. The stock’s beta is 1.73. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.16, and the price-to-cash flow ratio at 14.42.
The company has a payout ratio of 18.90%. The company’s most recent quarterly dividend payment was $0.20 a share, without any change from last year. Its latest increase dividend $0.05 reported on Wednesday February 2 2022.
Financial Health
The quick ratio of Bath & Body Works Inc. for the three months ended April 29 was 1.00, and the current ratio was 1.60, indicating that the company is able to meet its debt obligations. Bath & Body Works Inc.’s EBITDA margin for the year ending April 29 is 21.10%, while its operating margin for the same period stands at 17.00%. Its gross profit as reported stood at $3.25 billion compared to revenue of $7.56 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Bath & Body Works Inc.’s return on assets was 13.90%.
Earnings Surprise
For the three-month period that ended April 29, Bath & Body Works Inc. had $4.78 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $81.0 million in the quarter, while revenues were shrunk -91.36%. The analyst consensus anticipated Bath & Body Works Inc.’s latest quarter earnings to come in at $0.26 per share, but it turned out to be $0.33, a 26.90% surprise. For the quarter, EBITDA amounted to $244.0 million. Shareholders own equity worth $228.91 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Bath & Body Works Inc. (BBWI) price momentum. RSI 9-day as of the close on 10 August was 69.72%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.33%.
As of today, BBWI’s price is $38.96 +4.93% or $1.83 from its 5-day moving average. BBWI is currently trading +9.16% higher than its 20-day SMA and +13.22% higher than its 100-day SMA. However, the stock’s current price level is +7.41% above the SMA50 and +15.63% above the SMA200.
The stochastic %K and %D were 88.47% and 89.70%, respectively, and the average true range (ATR) was 1.08. With the 14-day stochastic at 83.50% and the average true range at 1.10, the RSI (14) stands at 62.89%. The stock has reached 1.09 on the 9-day MACD Oscillator while the 14-day reading was at 1.90.
Analyst Ratings
Barclays upgraded Bath & Body Works Inc. (NYSE: BBWI) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for Bath & Body Works Inc. (BBWI) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BBWI, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 10 others rate it as a “buy”.
What is BBWI’s price target for the next 12 months?
Analysts predict a range of price targets between $37.00 and $68.00, with a median target of $47.50. Taking a look at these predictions, the average price target given by analysts for Bath & Body Works Inc. (BBWI) stock is $47.28.
