Better Times Ahead For Bath & Body Works Inc (NYSE: BBWI)?

Bath & Body Works Inc (BBWI) concluded trading on Wednesday at a closing price of $32.47, with 4.19 million shares of worth about $136.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -24.82% during that period and on October 16, 2024 the price saw a gain of about 4.37%. Currently the company’s common shares owned by public are about 225.00M shares, out of which, 216.49M shares are available for trading.

Stock saw a price change of 9.66% in past 5 days and over the past one month there was a price change of 11.35%. Year-to-date (YTD), BBWI shares are showing a performance of -24.77% which increased to 3.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.20 but also hit the highest price of $52.99 during that period. The average intraday trading volume for Bath & Body Works Inc shares is 5.45 million. The stock is currently trading 5.90% above its 20-day simple moving average (SMA20), while that difference is up 5.07% for SMA50 and it goes to -20.03% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Bath & Body Works Inc (NYSE: BBWI) currently have 225.00M outstanding shares and institutions hold larger chunk of about 98.74% of that.

The stock has a current market capitalization of $7.11B and its 3Y-monthly beta is at 1.78. PE ratio of stock for trailing 12 months is 7.84, while it has posted earnings per share of $4.14 in the same period. Its PEG reads 0.65 and has Quick Ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BBWI, volatility over the week remained 4.80% while standing at 3.95% over the month.

Stock’s fiscal year EPS is expected to drop by -2.49% while it is estimated to increase by 12.56% in next year.

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 Telsey Advisory Group on August 29, 2024 offering an Outperform rating for the stock and assigned a target price range of between $53 and $42 to it. Coverage by JP Morgan stated Bath & Body Works Inc (BBWI) stock as a Neutral in their note to investors on May 17, 2024, suggesting a price target of $53 for the stock. On March 01, 2024, Telsey Advisory Group Reiterated their recommendations, while on January 04, 2024, Barclays Downgrade their ratings for the stock with a price target of $45. Stock get an Outperform rating from Telsey Advisory Group on November 17, 2023.

Most Popular

Related Posts