Victoria’s Secret & Co (NYSE:VSCO) price on Friday, May 10, rose 6.24% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $19.76.
A look at the stock’s price movement, the level at last check in today’s session was $18.60. The PE ratio in trailing twelve months stood at 14.40. Turning to its 52-week performance, $30.80 and $13.62 were the 52-week high and 52-week low respectively. Overall, VSCO moved 4.61% over the past month.
Victoria’s Secret & Co’s market cap currently stands at around $1.53 billion.
Analysts have a consensus estimate of 1.34B for the company’s revenue for the quarter, with a low and high estimate of 1.33B and 1.36B respectively. The average forecast suggests down to a -4.80% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 5.97B, representing a -3.40% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VSCO is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
VSCO’s current price about 12.60% and 3.48% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 62.13, while 7-day volatility ratio is 5.48% and 4.35% in the 30-day chart. Further, Victoria’s Secret & Co (VSCO) has a beta value of 2.17, and an average true range (ATR) of 0.93.
If we refocus on Victoria’s Secret & Co (NYSE:VSCO), historical trading data shows that trading volumes averaged 3.07 million over the past 3 months. The company’s latest data on shares outstanding shows there are 78.00 million shares.
The 10.89% of Victoria’s Secret & Co’s shares are in the hands of company insiders while institutional holders own 97.26% of the company’s shares. Current price change has pushed the stock -25.55% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VSCO stock continues to rise going into the next quarter.
