Victoria’s Secret & Co. (NYSE:VSCO) finished Wednesday with a subtraction of -$0.79 to close at $18.00, a downside of -4.20 percent. An average of 1,580,500 shares of common stock have been traded in the last five days. There was a fall of -$3.48 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 1,787,055 shares traded, while the 50-day average volume stands at 2,344,634.
VSCO stock has decreased by -6.10% in the last month. The company shares reached their 1-month lowest point of $17.99 on 08/23/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $16.78 and a high of $48.16 in 52 weeks. It has reached a new high 8 times so far this year and lost -49.69% or -$17.78 in price. In spite of this, the price is down -62.62% from the 52-week high.
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Insider Transactions
VSCO stock investors should be aware that Victoria’s Secret & Co. (VSCO) stock had its last reported insider trading activity 203 days ago on Feb 02. In this transaction, the insider spent $11,027,499. Former 10% Owner, BBRC INTERNATIONAL PTE LTD, disposed of 116,750 shares at a price of $46.09 on Feb 01. The insider now owns more than $5,381,358 worth of shares. Prior to that, 10% Owner BBRC INTERNATIONAL PTE LTD went on to Sale 109,968 shares at $46.08 each on Dec 08. An amount of $5,067,325 was transacted.
Valuation Metrics
Victoria’s Secret & Co. (VSCO) has a trailing price-to-earnings (P/E) ratio of 5.51. The stock’s beta is 2.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.23, the price-to-book (PB) ratio at 5.29, and the price-to-cash flow ratio at 5.19.
Financial Health
The quick ratio of Victoria’s Secret & Co. for the three months ended April 29 was 0.30, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 4.80 and a total debt to equity ratio of 4.81 for the quarter ending April 29. Victoria’s Secret & Co.’s EBITDA margin for the year ending April 29 is 12.41%, while its operating margin for the same period stands at 6.60%. Its gross profit as reported stood at $2.26 billion compared to revenue of $6.34 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, Victoria’s Secret & Co.’s return on assets was 6.20%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $1.0 million in the quarter, while revenues were shrunk -8000.0%. The analyst consensus anticipated Victoria’s Secret & Co.’s latest quarter earnings to come in at $0.54 per share, but it turned out to be $0.28, a -48.10% surprise. For the quarter, EBITDA amounted to $110.0 million. Shareholders own equity worth $77.15 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Victoria’s Secret & Co. (VSCO) price momentum. RSI 9-day as of the close on 23 August was 28.38%, suggesting the stock is oversold, with historical volatility in this time frame at 56.71%.
As of today, VSCO’s price is $19.74 -16.20% or -$3.48 from its 5-day moving average. VSCO is currently trading -12.24% lower than its 20-day SMA and -45.95% lower than its 100-day SMA. However, the stock’s current price level is -4.91% below the SMA50 and -52.00% below the SMA200.
The stochastic %K and %D were 17.13% and 38.34%, respectively, and the average true range (ATR) was 1.01. With the 14-day stochastic at 0.25% and the average true range at 1.00, the RSI (14) stands at 35.86%. The stock has reached -1.40 on the 9-day MACD Oscillator while the 14-day reading was at -1.16.
Analyst Ratings
Barclays downgraded Victoria’s Secret & Co. (NYSE: VSCO) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Victoria’s Secret & Co. (VSCO) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell VSCO, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.
What is VSCO’s price target for the next 12 months?
Analysts predict a range of price targets between $16.00 and $34.00, with a median target of $22.00. Taking a look at these predictions, the average price target given by analysts for Victoria’s Secret & Co. (VSCO) stock is $23.20.
