Victoria’s Secret & Co (NYSE:VSCO) shares, rose in value, with the stock price up by 2.55% to the previous day’s close as strong demand from buyers drove the stock to $18.47.
Actively observing the price movement in the last trading, the stock closed the session at $18.01. The value of beta (5-year monthly) was 2.29 whereas the PE ratio was 13.46 over 12-month period. Referring to stock’s 52-week performance, its high was $34.38, and the low was $13.62. On the whole, VSCO has fluctuated by -27.91% over the past month.
With the market capitalization of Victoria’s Secret & Co currently standing at about $1.43 billion, investors are eagerly awaiting this quarter’s results, scheduled for Jun 01, 2024 – Jun 06, 2024. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0, which is expected to increase to $0.32 for fiscal year $1.65 and then to about $2.08 by fiscal year 2026. Data indicates that the EPS growth is expected to be -27.30% in 2026, while the next year’s EPS growth is forecast to be 26.10%.
Analysts have estimated the company’s revenue for the quarter at $1.34 billion, with a low estimate of $1.33 billion and a high estimate of $1.36 billion. According to the average forecast, sales growth in current quarter could jump down -4.50%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2026, the company’s y-o-y revenues would reach $5.99 billion, representing a decrease of -3.10% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that VSCO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VSCO currently trading nearly -1.08% and -23.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.05, while the 7-day volatility ratio is showing 4.61% which for the 30-day chart, stands at 5.17%. Furthermore, Victoria’s Secret & Co (VSCO)’s beta value is 2.19, and its average true range (ATR) is 1.10.
A comparison of Victoria’s Secret & Co (VSCO) with its peers suggests the former has fared considerably weaker in the market. VSCO showed an intraday change of 2.55% in last session, and over the past year, it shrunk by -45.96%%.
Data on historical trading for Victoria’s Secret & Co (NYSE:VSCO) indicates that the trading volumes over the past 10 days have averaged 2.63 million and over the past 3 months, they’ve averaged 2.87 million. According to company’s latest data on outstanding shares, there are 78.00 million shares outstanding.
Nearly 10.91% of Victoria’s Secret & Co’s shares belong to company insiders and institutional investors own 94.69% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.29 million shares as on Mar 15, 2024, resulting in a short ratio of 2.11. According to the data, the short interest in Victoria’s Secret & Co (VSCO) stood at 11.98% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 9.02 million. The stock has fallen by -30.41% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VSCO stock heading into the next quarter.
