In the last trading session, 1.85 million Victoria’s Secret & Co (NYSE:VSCO) shares changed hands as the company’s beta touched 2.26. With the company’s per share price at $35.48 changed hands at -$0.34 or -0.95% during last session, the market valuation stood at $2.79B. VSCO’s last price was a discount, traded about -37.34% off its 52-week high of $48.73. The share price had its 52-week low at $15.12, which suggests the last value was 57.38% up since then. When we look at Victoria’s Secret & Co’s average trading volume, we note the 10-day average is 1.7 million shares, with the 3-month average coming to 2.05 million.
Analysts gave the Victoria’s Secret & Co (VSCO) stock a consensus recommendation rating of Sell, calculated at a mean rating of 2.91. If we narrow down to specifics, the data shows that 3 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended VSCO as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Victoria’s Secret & Co (NYSE:VSCO) trade information
Instantly VSCO was in red as seen at the end of in last trading. With action -10.67%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -14.34%, with the 5-day performance at -10.67% in the red. However, in the 30-day time frame, Victoria’s Secret & Co (NYSE:VSCO) is -24.91% down. Looking at the short shares, we see there were 8.8 million shares sold at short interest cover period of 4.3 days.
The consensus price target for the stock as assigned by Wall Street analysts is 26.5, meaning bulls need a downside of -33.89% from its current market value. According to analyst projections, VSCO’s forecast low is 18 with 33 as the target high. To hit the forecast high, the stock’s price needs a 6.99% surge from its current level, while the stock would need to tank 49.27% for it to hit the projected low.
Victoria’s Secret & Co (VSCO) estimates and forecasts
Data shows that the Victoria’s Secret & Co share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 96.57% over the past 6 months, a 1.76% in annual growth rate that is considerably lower than the industry average of 8.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -12.65%. The 2025 estimates are for Victoria’s Secret & Co earnings to increase by 1.98%, but the outlook for the next 5-year period is at 7.31% per year.
VSCO Dividends
Victoria’s Secret & Co is expected to release its next quarterly earnings report in February.
Victoria’s Secret & Co (NYSE:VSCO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.77% of Victoria’s Secret & Co shares while 93.17% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 104.42%. There are 93.17% institutions holding the Victoria’s Secret & Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 16.678% of the shares, roughly 13.01 million VSCO shares worth $229.87 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.3987% or 8.89 million shares worth $157.1 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . With 4.99 shares estimated at $177.1 million under it, the former controlled 6.35% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.16% of the shares, roughly 2.48 shares worth around $88.04 million.
