The stock of Bath & Body Works Inc. (NYSE:BBWI) increased by $0.63 on Monday to $35.47, up 1.82 percent. The last five days have seen an average of 4,840,751 shares of common stock traded. 5 times new highs were reached in the current year, with a fall of -$6.67. The average number of shares traded over the last 20 days was 3,513,153, while the average volume over the last 50 days totaled 3,746,245.
BBWI stock dropped -2.91% since last month. On 08/23/23, the company’s shares reached a one-month low of $33.36. The stock touched a high of $49.55 on 02/02/23, after rallying from a low of $30.52 in 52 weeks. The price of BBWI stock has declined by -15.82% or -$6.67 this year, reaching a new high 5 times. Still, the stock price is down -28.41% from the 52-week high.
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Insider Transactions
BBWI stock investors should be aware that Bath & Body Works Inc. (BBWI) stock had its last reported insider trading activity 153 days ago on Mar 28. On Mar 28, EVP and CFO Arlin Wendy C. sold 1,625 shares at $38.29 each. This transaction resulted in the insider making $62,222.
Valuation Metrics
Bath & Body Works Inc. (BBWI) has a trailing price-to-earnings (P/E) ratio of 11.63. Beta for the stock is 1.75. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.08, and the price-to-cash flow ratio of 9.88.
Company paid $0.20 per share in dividends, remained unchanged from $0.20 last year. A $0.05 dividend increase was reported on Wednesday February 2 2022.
Financial Health
For the three months ended July 30, Bath & Body Works Inc.’s quick ratio was 1.00, while its current ratio was 1.60, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 42.20% percent. Bath & Body Works Inc.’s EBITDA margin for the year ended July 30 was 21.10%, whereas its operating margin stood at 18.50% for the same period. Based on annual data, it had gross profit of $3.25 billion and revenue of $7.56 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BBWI’s return on assets (ROA) during the last 12 months has been 15.30%. There was a 42.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -33.20%.
Earnings Surprise
According to Bath & Body Works Inc.’s quarterly financial report for the quarter that ended July 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.4 billion, while revenues fell by -3.87% to $2.89 billion. It was predicted that Bath & Body Works Inc.’s quarterly earnings would be $0.4, but it ended up being $0.33, beating the consensus by 21.20%. EBITDA was $244.0 million for the quarter. At the end of Bath & Body Works Inc.’s most recent quarter ended July 30, its liabilities totaled 7.53 billion, while its total debt was $5.89 billion. Equity owned by shareholders amounts to $228.91 million.
Technical Picture
Here’s a quick look at Bath & Body Works Inc.’s (BBWI) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 42.83%, suggesting the stock is Neutral, with a 45.74% historical volatility rate.
The stochastic %K and %D were 24.92% and 25.50% respectively, while the average true range (ATR) was 1.44. Based on the 14-day stochastic reading of 32.69%, the RSI (14) reading is 43.78%. On the 9-day MACD Oscillator, the stock is at -0.91, and the 14-day reading is at -1.69.
Analyst Ratings
In its most recent analyst report, Barclays raised its rating on Bath & Body Works Inc. (NYSE: BBWI) to an Overweight. Prior to this, analysts firm rated the stock as an Equal weight. Analysts have assigned Bath & Body Works Inc. (BBWI) an Overweight rating. BBWI is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 3 rates it overweight and 9 others recommend it as a buy.
What is BBWI’s price target for the next 12 months?
The current consensus forecast for the stock is between $37.00 and $68.00, with a median target price of $48.00. In analyzing these forecasts, the average price target given by analysts for Bath & Body Works Inc. (BBWI) is $47.00.
