Victoria’s Secret & Co. (NYSE:VSCO) Updates Q4 2024 Earnings Guidance

Victoria’s Secret & Co. (NYSE:VSCO) issued an update on its fourth quarter 2024 earnings guidance on Thursday morning. The company provided EPS guidance of 2.000-2.300 for the period, compared to the consensus EPS estimate of 2.090. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.0 billion. Victoria’s Secret & Co. also updated its FY 2024 guidance to EPS.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on VSCO. Bank of America increased their price objective on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the company an “underperform” rating in a report on Friday, August 30th. UBS Group increased their price objective on Victoria’s Secret & Co. from $13.00 to $18.00 and gave the company a “sell” rating in a report on Thursday. TD Cowen increased their price objective on Victoria’s Secret & Co. from $20.00 to $26.00 and gave the company a “hold” rating in a report on Friday, August 30th. Jefferies Financial Group increased their price target on Victoria’s Secret & Co. from $30.00 to $40.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Finally, Barclays upgraded Victoria’s Secret & Co. from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $23.00 to $25.00 in a report on Wednesday, September 18th. Four analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Victoria’s Secret & Co. currently has an average rating of “Hold” and a consensus target price of $27.45.

Victoria’s Secret & Co. Stock Down 2.0 %

Shares of VSCO traded down $0.88 during trading hours on Thursday, hitting $43.02. The stock had a trading volume of 3,370,739 shares, compared to its average volume of 2,705,388. The company has a debt-to-equity ratio of 2.27, a current ratio of 1.00 and a quick ratio of 0.31. The firm has a 50 day simple moving average of $31.53 and a 200-day simple moving average of $24.38. The firm has a market capitalization of $3.38 billion, a P/E ratio of 25.40 and a beta of 2.19. Victoria’s Secret & Co. has a 1-year low of $15.12 and a 1-year high of $44.40.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its earnings results on Thursday, December 5th. The company reported ($0.50) EPS for the quarter, beating the consensus estimate of ($0.62) by $0.12. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.29 billion. Victoria’s Secret & Co. had a return on equity of 44.06% and a net margin of 2.25%. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period last year, the business posted ($0.86) EPS. Sell-side analysts predict that Victoria’s Secret & Co. will post 2.01 EPS for the current fiscal year.

Victoria’s Secret & Co. Company Profile

Victoria's Secret & Co operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.