Victoria’s Secret & Co. (NYSE:VSCO) shares, rose in value on Friday, 05/13/22, with the stock price up by 2.93% to the previous day’s close as strong demand from buyers drove the stock to $49.17.
Actively observing the price movement in the last trading, the stock closed the session at $47.77, falling within a range of $48.22 and $51.00. The PE ratio was 6.92 over 12-month period. Referring to stock’s 52-week performance, its high was $76.00, and the low was $39.79. On the whole, VSCO has fluctuated by -0.73% over the past month.
With the market capitalization of Victoria’s Secret & Co. currently standing at about $4.10 billion, investors are eagerly awaiting this quarter’s results, scheduled for Nov 18, 2021. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $2.63, which is expected to increase to $1.91 for fiscal year $7.13 and then to about $7.39 by fiscal year 2023.
Analysts have estimated the company’s revenue for the quarter at $2.14 billion, with a low estimate of $2.1 billion and a high estimate of $2.16 billion.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days.
11 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 3 analyst(s), 7 recommend it as a Buy and 1 called the VSCO stock Overweight. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VSCO currently trading nearly 1.93% and 0.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.43, while the 7-day volatility ratio is showing 6.73% which for the 30-day chart, stands at 5.10%. Furthermore, Victoria’s Secret & Co. (VSCO)’s average true range (ATR) is 2.75.
Data on historical trading for Victoria’s Secret & Co. (NYSE:VSCO) indicates that the trading volumes over the past 10 days have averaged 0.95 million and over the past 3 months, they’ve averaged 1.28 million. According to company’s latest data on outstanding shares, there are 87.10 million shares outstanding.
Nearly 0.80% of Victoria’s Secret & Co.’s shares belong to company insiders and institutional investors own 89.30% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.05 million shares as on Dec 14, 2021, resulting in a short ratio of 3.23. According to the data, the short interest in Victoria’s Secret & Co. (VSCO) stood at 5.70% of shares outstanding as of Dec 14, 2021; the number of short shares registered in Nov 14, 2021 reached 4.63 million. The stock has fallen by -11.47% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VSCO stock heading into the next quarter.