In yesterday’s Wall Street session, Bath & Body Works Inc (NYSE:BBWI) shares traded at $36.68, down -0.68% from the previous session.
BBWI stock price is now 2.81% away from the 50-day moving average and -1.84% away from the 200-day moving average. The market capitalization of the company currently stands at $7.94B.
With the price target enhanced from $42 to $48, Wells Fargo Upgraded its rating from Equal Weight to Overweight for Bath & Body Works Inc (NYSE: BBWI). On November 26, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $42 to quote $43, while ‘Barclays’ rates the stock as ‘Underweight’
In other news, JULIE B ROSEN, Former officer bought 42,874 shares of the company’s stock on Dec 10 ’24. The stock was bought for $1,673,218 at an average price of $39.03. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 09 ’24, Chief Executive Officer Boswell Gina bought 6,000 shares of the business’s stock. A total of $177,852 was incurred on buying the stock at an average price of $29.64. This leaves the insider owning 242,987 shares of the company worth $8.91 million. A total of 1.21% of the company’s stock is owned by insiders.
During the past 12 months, Bath & Body Works Inc has had a low of $26.20 and a high of $52.99. According to the stock market information, the enterprise value for the company is $11579927552, which is based on a 8.94 price-to-earnings ratio, a 0.75 price-to-earnings-growth ratio, and a beta of 1.85. The fifty day moving average price for BBWI is $35.6764 and a two-hundred day moving average price translates $37.3674 for the stock.
The latest earnings results from Bath & Body Works Inc (NYSE: BBWI) was released for 2024-08-03. The company reported revenue of $1.53 billion for the quarter, compared to $1.56 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.12 percent.
