The stock of Victoria’s Secret & Co (NYSE:VSCO) last traded at $24.37, up 9.77% from the previous session.
VSCO stock price is now 32.51% away from the 50-day moving average and 13.43% away from the 200-day moving average. The market capitalization of the company currently stands at $1.91B.
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On June 07, 2024, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $20 to quote $24, while ‘Barclays’ rates the stock as ‘Underweight’
In other news, JOHNSON TIMOTHY A, CFO & CAO bought 20,000 shares of the company’s stock on Sep 13 ’23. The stock was bought for $343,210 at an average price of $17.16. Upon completion of the transaction, the CFO & CAO now directly owns 94,765 shares in the company, valued at $2.31 million. A total of 10.63% of the company’s stock is owned by insiders.
During the past 12 months, Victoria’s Secret & Co has had a low of $13.62 and a high of $30.80. As of last week, the company has a debt-to-equity ratio of 6.27, a current ratio of 0.97, and a quick ratio of 0.28. The fifty day moving average price for VSCO is $18.391 and a two-hundred day moving average price translates $21.4846 for the stock.
The latest earnings results from Victoria’s Secret & Co (NYSE: VSCO) was released for 2024-05-04. The net profit margin was 1.71% and return on equity was 30.55% for VSCO. The company reported revenue of $1.36 billion for the quarter, compared to $1.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.41 percent.
