Bath & Body Works Inc (NYSE:BBWI) saw a downside of -4.14% to close Tuesday at $31.70 after subtracting -$1.37 on the day. The 5-day average trading volume is 2,818,120 shares of the company’s common stock. It has gained $35.83 in the past week and touched a new high 1 time within the past 5 days. An average of 3,266,515 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,523,982.
BBWI’s 1-month performance is -9.01% or -$3.14 on its low of $31.61 reached on 09/26/23. The company’s shares have touched a 52-week low of $30.52 and high of $49.55, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, BBWI has lost -24.77% or -$10.44 and has reached a new high 5 times. However, the current price is down -36.02% from the 52-week high price.
Insider Transactions
BBWI stock investors last saw insider trading activity on Mar 28.Arlin Wendy C. (EVP and CFO) most recently sold 1,625 shares at $38.29 per share on Mar 28. This transaction cost the insider $62,222.
Valuation Metrics
BBWI stock has a beta of 1.77. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.97 while the price to cash flow ratio at 9.07.
Bath & Body Works Inc’s quick ratio for the period ended July 30 was 0.89, with the current ratio over the same period at 1.56.. In terms of profitability, the gross margin trailing 12 months is 42.21%. The trailing 12-month EBITDA margin is 21.10% while for the period ending July 30, Bath & Body Works Inc’s operating margin was 16.41%. The firm’s gross profit as reported stood at $3.25 billion against revenue of $7.56 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -21.21% to $99.0 million, while revenue of $81.0 million was 18.18% off the previous quarter. Analysts expected BBWI to announce $0.33 per share in earnings in its latest quarter, but it posted $0.4, representing a 21.20% surprise. EBITDA for the quarter stood at more than $254.0 million. BBWI stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 7.35 billion, with total debt at $5.89 billion. Shareholders hold equity totaling $227.38 million.
Let’s look briefly at Bath & Body Works Inc (BBWI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 19.34% to suggest the stock is trending oversold, with historical volatility in this time period at 23.78%.
The stock’s 5-day moving average is $33.39, reflecting a -9.89% or -$3.48 change from its current price. BBWI is currently trading -11.55% above its 20-day SMA, -7.63% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -12.31% and SMA200 by-26.30%.
Stochastic %K and %D was 5.70% and 4.70% and the average true range (ATR) pointed at 1.19. The RSI (14) points at 27.93%, while the 14-day stochastic is at 1.42% with the period’s ATR at 1.20. The stock’s 9-day MACD Oscillator is pointing at -1.91 and -2.66 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Bath & Body Works Inc (NYSE: BBWI), Barclays upgraded it to an Overweight rating. They previously had an Equal weight rating on the stock. Analysts offering their rating for BBWI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate BBWI as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 3 rates the stock as overweight while 10 have offered a “buy” rating.
What is BBWI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $37.00 and a high of $68.00, with their median price target at $48.00. Looking at these predictions, the average price target given by analysts is for Bath & Body Works Inc (BBWI) stock is $47.78.
