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

Victoria’s Secret & Co. (NYSE:VSCO) updated its fourth quarter 2024 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.200-2.300 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. BMO Capital Markets lifted their target price on shares of Victoria’s Secret & Co. from $33.00 to $46.00 and gave the stock an “outperform” rating in a research report on Friday, December 6th. Wells Fargo & Company cut their price objective on Victoria’s Secret & Co. from $45.00 to $40.00 and set an “equal weight” rating for the company in a research report on Thursday. Morgan Stanley lowered their target price 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. Barclays raised Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $51.00 to $53.00 in a report on Tuesday. Finally, UBS Group raised shares of Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and raised their price target for the stock from $18.00 to $47.00 in a research note on Tuesday, December 10th. 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $42.36.

Victoria’s Secret & Co. Stock Performance

VSCO opened at $36.84 on Friday. 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 firm has a market cap of $2.90 billion, a PE ratio of 19.09, a P/E/G ratio of 2.11 and a beta of 2.14. The business has a fifty day simple moving average of $40.67 and a 200-day simple moving average of $30.54. Victoria’s Secret & Co. has a fifty-two week low of $15.12 and a fifty-two week high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its quarterly earnings results on Thursday, December 5th. The company reported ($0.50) earnings per share for the quarter, beating the consensus estimate of ($0.62) by $0.12. Victoria’s Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the firm earned ($0.86) earnings per share. Victoria’s Secret & Co.’s quarterly revenue was up 6.5% on a year-over-year basis. As a group, equities analysts predict that Victoria’s Secret & Co. will post 2.34 EPS for the current fiscal year.

About Victoria’s Secret & Co.

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.