In Friday’s Wall Street session, Victoria’s Secret & Co (NYSE:VSCO) shares traded at $19.05, down -6.53% from the previous session.
VSCO stock price is now -44.17% away from the 50-day moving average and -32.26% away from the 200-day moving average. The market capitalization of the company currently stands at $1.50B.
With the price target reduced from $40 to $24, Telsey Advisory Group maintained Market Perform rating for Victoria’s Secret & Co (NYSE: VSCO). On January 28, 2025, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $51 to quote $53, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Gregory B. Unis, Former Officer bought 99,248 shares of the company’s stock on Dec 06 ’24. The stock was bought for $4,547,543 at an average price of $45.82. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06 ’24, Officer Unis Gregory bought 97,875 shares of the business’s stock. A total of $4,459,901 was incurred on buying the stock at an average price of $45.57. A total of 10.66% of the company’s stock is owned by insiders.
During the past 12 months, Victoria’s Secret & Co has had a low of $15.12 and a high of $48.73. As of last week, the company has a debt-to-equity ratio of 7.22, a current ratio of 1.17, and a quick ratio of 0.33.
The net profit margin was 2.66% and return on equity was 47.18% for VSCO. The company reported revenue of $1.35 billion for the quarter, compared to $1.26 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.48 percent.
