Victoria’s Secret & Co. (NYSE:VSCO) Releases 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 EPS guidance of 2.200-2.300 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays raised Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $51.00 to $53.00 in a report on Tuesday. JPMorgan Chase & Co. upgraded Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and raised their target price for the company from $29.00 to $45.00 in a research note on Monday, December 9th. The Goldman Sachs Group decreased their price objective on shares of Victoria’s Secret & Co. from $40.00 to $35.00 and set a “sell” rating on the stock in a report on Thursday. BMO Capital Markets upped 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. Finally, Jefferies Financial Group boosted their price objective on shares of Victoria’s Secret & Co. from $30.00 to $40.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently 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 stock has a market cap of $2.90 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 2.11 and a beta of 2.14. Victoria’s Secret & Co. has a 12-month low of $15.12 and a 12-month high of $48.73. The business has a 50 day moving average of $40.67 and a 200-day moving average of $30.54.

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

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.