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

Victoria’s Secret & Co. (NYSE:VSCO) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.200-2.300 for the period, compared to the consensus earnings per share estimate of 2.250. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Victoria’s Secret & Co. Trading Down 4.0 %

NYSE VSCO traded down $1.51 during trading hours on Wednesday, hitting $36.40. The company’s stock had a trading volume of 845,393 shares, compared to its average volume of 1,791,468. Victoria’s Secret & Co. has a twelve month low of $15.12 and a twelve month high of $48.73. The firm has a market capitalization of $2.86 billion, a P/E ratio of 18.67, a PEG ratio of 2.28 and a beta of 2.14. The company has a quick ratio of 0.33, a current ratio of 1.17 and a debt-to-equity ratio of 3.12. The stock has a fifty day moving average of $40.63 and a 200 day moving average of $30.46.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its quarterly earnings results on Thursday, December 5th. The company reported ($0.50) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.62) by $0.12. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.29 billion. Victoria’s Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The firm’s revenue was up 6.5% on a year-over-year basis. During the same period last year, the company earned ($0.86) EPS. Equities research analysts forecast that Victoria’s Secret & Co. will post 2.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

VSCO has been the topic of several recent analyst reports. TD Cowen lifted their price objective on shares of Victoria’s Secret & Co. from $35.00 to $45.00 and gave the stock a “hold” rating in a research note on Monday, December 9th. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and upped their price objective for the company from $29.00 to $45.00 in a research report on Monday, December 9th. Wells Fargo & Company reiterated an “equal weight” rating and set a $45.00 target price (up from $33.00) on shares of Victoria’s Secret & Co. in a report on Monday, December 9th. Telsey Advisory Group restated a “market perform” rating and issued a $40.00 price target on shares of Victoria’s Secret & Co. in a report on Friday, December 6th. Finally, Morgan Stanley cut their price objective on Victoria’s Secret & Co. from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $40.09.

Victoria’s Secret & Co. Company Profile

Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.