Streetbeat News

VSCO

Victoria's Secret & Co.

https://www.victoriassecretandco.com

Industry

Apparel - Retail

Victoria's Secret & Co. operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands. As of March 2, 2022, it operated approximately 1,400 retail stores. The company was incorporated in 2021 and is headquartered in Reynoldsburg, Ohio.

Open

35.66

Mkt cap

2.7B

Volume

1.8M

High

36.02

P/E Ratio

19.98

52-wk high

36.10

Low

34.52

Div yield

N/A

52-wk low

15.12

Consumer discretionary sector stocks are trading lower due to a sector-wide decline as yields rise.

Portfolio Pulse from Benzinga Newsdesk

January 03, 2024 | 8:38 pm

Victoria's Secret (NYSE:VSCO) has received mixed analyst ratings over the past three months, with the majority being indifferent. The average 12-month price target for VSCO has increased by 17.35% to $23.00, with a high estimate of $29.00 and a low of $16.00. Analysts from firms like Wells Fargo, Morgan Stanley, Telsey Advisory Group, BMO Capital, and Evercore ISI Group have updated their ratings and price targets, reflecting their views on the company's market performance. Victoria's Secret's financial performance shows a market cap below industry average, a revenue decline of -4.02%, low net margin, ROE, and ROA, and a high debt-to-equity ratio, indicating potential challenges ahead.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 3:01 pm

Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $21 to $25.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 1:36 pm

Morning Consult's annual survey lists the fastest growing brands in the U.S. for 2023, with ChatGPT leading overall and OpenAI ranking seventh. Technology and beverage brands dominate the lists, with notable mentions of Tesla, Meta Platforms, Alphabet, and Apple among various age demographics. PepsiCo's Starry and Zelle also feature prominently. The survey's results could indicate gaining consumer interest and potential market share increases for these companies.

Portfolio Pulse from Chris Katje

December 07, 2023 | 11:07 am

U.S. stocks, gold, and bonds rallied while the dollar tumbled as traders anticipate Federal Reserve rate cuts in 2024. The S&P 500, Dow Jones, and Nasdaq indices marked their fifth consecutive week of gains. The ISM manufacturing activity indicated a slowdown, leading to a drop in Treasury yields. The SPDR Gold Trust (GLD) surged as gold prices neared all-time highs. Sector ETFs, especially real estate and materials, saw gains, while technology lagged. Stocks like Dell (DELL) and Marvell Technology (MRVL) fell post-earnings, while Pfizer (PFE) dropped due to halted drug trials. SoFi Technologies (SOFI) rallied after Cathie Wood's investment. Tesla (TSLA) saw a decline after the Cybertruck event. Oil tracked by USO fell slightly, and European markets ended positively. Cryptocurrencies Bitcoin and Ethereum rose.

Portfolio Pulse from Piero Cingari

December 01, 2023 | 7:36 pm

Wall Street analysts have updated their price targets and ratings for several companies. RBC Capital raised The Chemours Company's target and upgraded the stock. Guggenheim increased ImmunoGen's target but downgraded the stock. Keybanc lowered Marvell Technology's target but maintained a positive rating. Citigroup raised Lululemon's target and maintained a Buy rating. JP Morgan decreased BioNTech's target and downgraded the stock. UBS raised MarketWise's target but downgraded the stock. Citigroup increased Ulta Beauty's target with a Neutral rating. Wells Fargo raised Elastic's target and upgraded the stock. Telsey Advisory Group increased targets for PVH Corp. and Victoria's Secret, maintaining positive and neutral ratings respectively.

Portfolio Pulse from Lisa Levin

December 01, 2023 | 3:22 pm

Morgan Stanley analyst Alexandra Steiger has maintained an Equal-Weight rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $16 to $25.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 2:34 pm

Telsey Advisory Group analyst Dana Telsey has maintained a 'Market Perform' rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $21 to $29.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 11:01 am

Titan Machinery Inc. (TITN) shares dropped by 8.1% to $23.41 due to weaker-than-expected quarterly earnings and sales. The company reported earnings of $1.32 per share, missing estimates of $1.53 per share, and sales of $694.12 million, below the expected $727.20 million. Other stocks experienced significant movements in Thursday's mid-day session, with notable gainers and losers across various sectors.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 6:13 pm

BMO Capital analyst Simeon Siegel has maintained an Outperform rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $23 to $29, indicating a positive outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 4:52 pm

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