L Brands Inc. [NYSE: LB] closed the trading session at $28.18 on 08/18/20. The day’s price range saw the stock hit a low of $27.41, while the highest price level was $28.84. The company report on August 10, 2020 that L Brands Invites You To Listen To Its Second Quarter 2020 Earnings Call Webcast.
In conjunction with the L Brands (NYSE: LB) second quarter 2020 earnings release, which will cross the wire after market close on Wednesday, Aug. 19, you are invited to listen to a live webcast of the conference call on Thursday, Aug. 20 at 9:00 a.m. ET with L Brands executives.
If you are unable to participate during the live webcast, the call will be also archived and made available on www.LB.com.
The stocks have a year to date performance of 55.52 percent and weekly performance of 4.64 percent. The stock has been moved at 14.55 percent over the last six months. The stock has performed 54.16 percent around the most recent 30 days and changed 125.26 percent over the most recent 3-months.
If compared to the average trading volume of 7.80M shares, LB reached to a volume of 5639002 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about L Brands Inc. [LB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LB shares is $22.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LB stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for L Brands Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on July 30, 2020. The new note on the price target was released on July 29, 2020, representing the official price target for L Brands Inc. stock. Previously, the target price had yet another raise from $15 to $23, while Telsey Advisory Group kept a Market Perform rating on LB stock. On May 22, 2020, analysts increased their price target for LB shares from 13 to 15.
The Average True Range (ATR) for L Brands Inc. is set at 1.22, with the Price to Sales ratio for LB stock in the period of the last 12 months amounting to 0.66. Price to Free Cash Flow for LB in the course of the last twelve months was 31.96 with Quick ratio for the last quarter at 0.50.
LB stock trade performance evaluation
L Brands Inc. [LB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.64. With this latest performance, LB shares gained by 54.16% in over the last four-week period, additionally plugging by 14.55% over the last 6 months – not to mention a rise of 39.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LB stock in for the last two-week period is set at 75.51, with the RSI for the last a single of trading hit 73.95, and the three-weeks RSI is set at 72.99 for L Brands Inc. [LB]. The present Moving Average for the last 50 days of trading for this stock 19.34, while it was recorded at 27.41 for the last single week of trading, and 17.72 for the last 200 days.
L Brands Inc. [LB]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and L Brands Inc. [LB] shares currently have an operating margin of +9.49 and a Gross Margin at +36.38. L Brands Inc.’s Net Margin is presently recorded at -2.83.
Return on Total Capital for LB is now 19.57, given the latest momentum, and Return on Invested Capital for the company is -6.15. Additionally, LB Total Debt to Total Capital is recorded at 119.78, with Total Debt to Total Assets ending up at 89.66.
Reflecting on the efficiency of the workforce at the company, L Brands Inc. [LB] managed to generate an average of -$3,877 per employee. Receivables Turnover for the company is 38.38 with a Total Asset Turnover recorded at a value of 1.42.L Brands Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.10.
Earnings per share (EPS) analysis for L Brands Inc. [LB] stock
With the latest financial reports released by the company, L Brands Inc. posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.2/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 20.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for L Brands Inc. go to 7.10%.
L Brands Inc. [LB]: Insider Ownership positions
There are presently around $6,073 million, or 79.70% of LB stock, in the hands of institutional investors. The top three institutional holders of LB stocks are: MELVIN CAPITAL MANAGEMENT LP with ownership of 27,701,362, which is approximately 113.087% of the company’s market cap and around 0.30% of the total institutional ownership; LONE PINE CAPITAL LLC, holding 26,265,094 shares of the stock with an approximate value of $740.15 million in LB stocks shares; and VANGUARD GROUP INC, currently with $676.57 million in LB stock with ownership of nearly -9.219% of the company’s market capitalization.
Positions in L Brands Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 160 institutional holders increased their position in L Brands Inc. [NYSE:LB] by around 39,148,036 shares. Additionally, 217 investors decreased positions by around 41,225,780 shares, while 50 investors held positions by with 135,128,995 shares. The mentioned changes placed institutional holdings at 215,502,811 shares, according to the latest SEC report filing. LB stock had 65 new institutional investments in for a total of 13,247,290 shares, while 80 institutional investors sold positions of 11,913,845 shares during the same period.