L Brands Inc. [NYSE: LB] gained 1.37% on the last trading session, reaching $52.36 price per share at the time. The company report on February 25, 2021 that Alliance Data Improves Customer Experience With Reissue Of Victoria’s Secret Credit Card, Providing New Digital Payment Features And Added Security.
— Now processed by Mastercard®, the private label program is the first of its kind from Alliance Data that can be provisioned to Apple Pay®, bolstering cardmember security and convenience through contactless mobile payments.
— Enhanced Victoria’s Secret Credit Card offers cardmembers market-leading private label security features such as chip technology and security code.
L Brands Inc. represents 279.00 million in outstanding shares, while the company has a total market value of $14.12 billion with the latest information. LB stock price has been found in the range of $51.37 to $57.19.
If compared to the average trading volume of 4.20M shares, LB reached a trading volume of 7901821 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $51.64 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 2.70. 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.
Jefferies have made an estimate for L Brands Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 16, 2021. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $42 to $50. The new note on the price target was released on January 08, 2021, representing the official price target for L Brands Inc. stock. Previously, the target price had yet another raise from $20 to $33, while Jefferies kept a Hold rating on LB stock. On October 14, 2020, analysts increased their price target for LB shares from 33 to 38.
The Average True Range (ATR) for L Brands Inc. is set at 2.52, with the Price to Sales ratio for LB stock in the period of the last 12 months amounting to 1.20. Price to Free Cash Flow for LB in the course of the last twelve months was 8.83 with Quick ratio for the last quarter at 0.90.
Trading performance analysis for LB stock
L Brands Inc. [LB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.27. With this latest performance, LB shares gained by 21.77% in over the last four-week period, additionally plugging by 71.00% over the last 6 months – not to mention a rise of 129.85% 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 67.65, with the RSI for the last a single of trading hit 72.30, and the three-weeks RSI is set at 65.30 for L Brands Inc. [LB]. The present Moving Average for the last 50 days of trading for this stock 44.21, while it was recorded at 51.23 for the last single week of trading, and 30.78 for the last 200 days.
L Brands Inc. [LB]: A deeper dive into fundamental analysis
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 0.90 and a Current Ratio set at 1.50.
L Brands Inc. [LB]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, L Brands Inc. posted -0.99/share EPS, while the average EPS was predicted by analysts to be reported at -0.72/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -37.50%. 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 17.80%.
An analysis of insider ownership at L Brands Inc. [LB]
There are presently around $11,132 million, or 78.90% of LB stock, in the hands of institutional investors. The top three institutional holders of LB stocks are: LONE PINE CAPITAL LLC with ownership of 26,265,094, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 23,127,478 shares of the stock with an approximate value of $1.21 billion in LB stocks shares; and MELVIN CAPITAL MANAGEMENT LP, currently with $1.03 billion in LB stock with ownership of nearly -18.643% of the company’s market capitalization.
Positions in L Brands Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 237 institutional holders increased their position in L Brands Inc. [NYSE:LB] by around 23,806,668 shares. Additionally, 175 investors decreased positions by around 22,954,622 shares, while 50 investors held positions by with 165,841,375 shares. The mentioned changes placed institutional holdings at 212,602,665 shares, according to the latest SEC report filing. LB stock had 109 new institutional investments in for a total of 5,657,186 shares, while 33 institutional investors sold positions of 2,955,677 shares during the same period.