The stock of Victoria’s Secret & Co. (NYSE:VSCO) increased by $0.22 on Wednesday to $18.10, up 1.22 percent. The last five days have seen an average of 1,781,253 shares of common stock traded. 8 times new highs were reached in the current year, with a fall of -$17.63. The average number of shares traded over the last 20 days was 1,848,308, while the average volume over the last 50 days totaled 1,912,031.
VSCO stock dropped -8.69% since last month. On 08/24/23, the company’s shares reached a one-month low of $17.16. The stock touched a high of $48.16 on 02/02/23, after rallying from a low of $16.78 in 52 weeks. The price of VSCO stock has declined by -49.42% or -$17.63 this year, reaching a new high 8 times. Still, the stock price is down -62.42% 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 209 days ago on Feb 02. On Feb 02, Former 10% Owner BBRC INTERNATIONAL PTE LTD sold 238,645 shares at $46.21 each. This transaction resulted in the insider making $11,027,499. On Feb 01, BBRC INTERNATIONAL PTE LTD sold 116,750 shares at a price of US$46.09. After the transaction, the insider now owns 8,002,054 shares. 10% Owner BBRC INTERNATIONAL PTE LTD had earlier sold 109,968 shares on Dec 08 for $46.08 a share. The transaction was completed for $5,067,325.
Valuation Metrics
Victoria’s Secret & Co. (VSCO) has a trailing price-to-earnings (P/E) ratio of 5.54. Beta for the stock is 2.05. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.21, the price-to-book (PB) ratio of 5.32, and the price-to-cash flow ratio of 4.85.
Financial Health
For the three months ended April 29, Victoria’s Secret & Co.’s quick ratio was 0.30, while its current ratio was 1.00, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending April 29 is 4.80, and the total debt to equity ratio is 4.81. As far as profitability goes, gross margin for the trailing twelve months is 36.20% percent. Victoria’s Secret & Co.’s EBITDA margin for the year ended April 29 was 12.41%, whereas its operating margin stood at 6.60% for the same period. Based on annual data, it had gross profit of $2.26 billion and revenue of $6.34 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VSCO’s return on assets (ROA) during the last 12 months has been 6.20%. There was a 24.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 94.90%.
Earnings Surprise
According to Victoria’s Secret & Co.’s quarterly financial report for the quarter that ended April 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.41 billion, while revenues fell by -5.47% to $2.02 billion. It was predicted that Victoria’s Secret & Co.’s quarterly earnings would be $0.28, but it ended up being $0.54, beating the consensus by -48.10%. EBITDA was $110.0 million for the quarter. At the end of Victoria’s Secret & Co.’s most recent quarter ended April 29, its liabilities totaled 4.12 billion, while its total debt was $2.79 billion. Equity owned by shareholders amounts to $77.15 million.
Technical Picture
Here’s a quick look at Victoria’s Secret & Co.’s (VSCO) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 39.66%, suggesting the stock is Neutral, with a 48.23% historical volatility rate.
The stochastic %K and %D were 14.46% and 12.65% respectively, while the average true range (ATR) was 0.94. Based on the 14-day stochastic reading of 20.45%, the RSI (14) reading is 41.40%. On the 9-day MACD Oscillator, the stock is at -0.62, and the 14-day reading is at -1.57.
Analyst Ratings
Victoria’s Secret & Co. (NYSE: VSCO) was downgraded by Barclays to a an Equal weight rating in its latest research report. The stock was previously rated as a an Overweight. Analysts have assigned Victoria’s Secret & Co. (VSCO) an Overweight rating. VSCO is a stock that is recommended for selling by 1 brokerage firm, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 4 others recommend it as a buy.
What is VSCO’s price target for the next 12 months?
The current consensus forecast for the stock is between $16.00 and $34.00, with a median target price of $22.00. In analyzing these forecasts, the average price target given by analysts for Victoria’s Secret & Co. (VSCO) is $23.20.
