In last trading session, Victoria’s Secret & Co (NYSE:VSCO) saw 2.21 million shares changing hands with its beta currently measuring 2.21. Company’s recent per share price level of $20.01 trading at $0.45 or 2.30% at ring of the bell on the day assigns it a market valuation of $1.55B. That closing price of VSCO’s stock is at a discount of -74.76% from its 52-week high price of $34.97 and is indicating a premium of 31.93% from its 52-week low price of $13.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.23 million shares which gives us an average trading volume of 2.78 million if we extend that period to 3-months.
Victoria’s Secret & Co (NYSE:VSCO) trade information
Upright in the green during last session for gaining 2.30%, in the last five days VSCO remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $20.01 price level, adding 1.33% to its value on the day. Victoria’s Secret & Co’s shares saw a change of -24.60% in year-to-date performance and have moved 5.59% in past 5-day. Victoria’s Secret & Co (NYSE:VSCO) showed a performance of -30.90% in past 30-days. Number of shares sold short was 9.39 million shares which calculate 4.79 days to cover the short interests.
Victoria’s Secret & Co (VSCO) estimates and forecasts
Statistics highlight that Victoria’s Secret & Co is scoring comparatively lower than the scores of other players of the relevant industry. The company added 16.47% of value to its shares in past 6 months, showing an annual growth rate of -25.99% while that of industry is -6.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -100.00% in the current quarter and calculating -54.20% decrease in the next quarter. This year revenue growth is estimated to fall -3.10% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.34 billion for the same. And 10 analysts are in estimates of company making revenue of $1.38 billion in the next quarter that will end on Jul 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -12.52% during past 5 years.
VSCO Dividends
Victoria’s Secret & Co is more likely to be releasing its next quarterly report between June 01 and June 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Victoria’s Secret & Co (NYSE:VSCO)’s Major holders
Insiders are in possession of 10.63% of company’s total shares while institution are holding 96.20 percent of that, with stock having share float percentage of 107.64%. Investors also watch the number of corporate investors in a company very closely, which is 96.20% institutions for Victoria’s Secret & Co that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at VSCO for having 10.26 million shares of worth $178.82 million. And as of Jun 29, 2023, it was holding 13.28% of the company’s outstanding shares.
The second largest institutional holder is FMR, LLC, which was holding about 8.72 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 11.28% of outstanding shares, having a total worth of $151.96 million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 5.21 million shares of worth $86.88 million or 6.74% of the total outstanding shares. The later fund manager was in possession of 2.51 million shares on Jun 29, 2023, making its stake of worth around $43.67 million in the company or a holder of 3.24% of company’s stock.
