Is There More Upside Ahead For Victoria’s Secret & Co (NYSE: VSCO)

Victoria’s Secret & Co (VSCO) concluded trading on Wednesday at a closing price of $25.13, with 3.87 million shares of worth about $97.38 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.60% during that period and on September 18, 2024 the price saw a gain of about 3.54%. Currently the company’s common shares owned by public are about 78.00M shares, out of which, 70.18M shares are available for trading.

Stock saw a price change of 18.65% in past 5 days and over the past one month there was a price change of 2.45%. Year-to-date (YTD), VSCO shares are showing a performance of -5.31% which increased to 41.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.62 but also hit the highest price of $30.80 during that period. The average intraday trading volume for Victoria’s Secret & Co shares is 2.94 million. The stock is currently trading 7.05% above its 20-day simple moving average (SMA20), while that difference is up 20.89% for SMA50 and it goes to 14.70% higher than SMA200.

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Victoria’s Secret & Co (NYSE: VSCO) currently have 78.00M outstanding shares and institutions hold larger chunk of about 85.77% of that.

The stock has a current market capitalization of $1.97B and its 3Y-monthly beta is at 2.22. PE ratio of stock for trailing 12 months is 14.60, while it has posted earnings per share of $1.72 in the same period. Its PEG reads 6.35 and has Quick Ratio of 0.31 while making debt-to-equity ratio of 5.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for VSCO, volatility over the week remained 4.86% while standing at 5.50% over the month.

Stock’s fiscal year EPS is expected to drop by -13.61% while it is estimated to increase by 14.06% in next year. EPS is likely to grow at an annualized rate of 2.30% for next 5-years, compared to annual growth of -12.65% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on Sep-19-24 offering an Equal weight rating for the stock and assigned a target price range of between $23 and $25 to it. Coverage by Telsey Advisory Group stated Victoria’s Secret & Co (VSCO) stock as a Market perform in their note to investors on August 29, 2024, suggesting a price target of $27 for the stock. On August 14, 2024, Morgan Stanley Upgrade their recommendations, while on June 07, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $24. Stock get an Underweight rating from Barclays on May 08, 2024.

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