Victoria’s Secret & Co [VSCO] moved down -1.93: Why It’s Important

Victoria’s Secret & Co [NYSE: VSCO] traded at a low on Wednesday, posting a -1.93 loss after which it closed the day’ session at $16.75.

The results of the trading session contributed to over 2803407 shares changing hands. Over the past one week, the price volatility of Victoria’s Secret & Co stands at 5.40% while the volatility over the past one month is 4.82%.

The market cap for VSCO stock reached $1.30 billion, with 78.00 million shares outstanding and 69.13 million shares in the current float. Compared to the average trading volume of 3.04M shares, VSCO reached a trading volume of 2803407 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Victoria’s Secret & Co [VSCO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VSCO shares is $19.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VSCO stock is a recommendation set at 2.91. 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.

Telsey Advisory Group have made an estimate for Victoria’s Secret & Co shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on March 08, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $34 to $15. The new note on the price target was released on March 08, 2024, representing the official price target for Victoria’s Secret & Co stock. Previously, the target price had yet another drop from $22 to $15, while JP Morgan kept a Underweight rating on VSCO stock.

The Average True Range (ATR) for Victoria’s Secret & Co is set at 1.05, with the Price to Sales ratio for VSCO stock in the period of the last 12 months amounting to 0.21. The Price to Book ratio for the last quarter was 3.13, with the Price to Cash per share for the same quarter was set at 3.48. Price to Free Cash Flow for VSCO in the course of the last twelve months was 9.77 with Quick ratio for the last quarter at 0.34.

How has VSCO stock performed recently?

Victoria’s Secret & Co [VSCO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.33. With this latest performance, VSCO shares dropped by -8.02% in over the last four-week period, additionally plugging by 2.38% over the last 6 months – not to mention a drop of -49.46% 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 VSCO stock in for the last two-week period is set at 34.19, with the RSI for the last a single of trading hit 31.56, and the three-weeks RSI is set at 36.07 for Victoria’s Secret & Co [VSCO]. The present Moving Average for the last 50 days of trading for this stock 22.69, while it was recorded at 17.63 for the last single week of trading, and 21.30 for the last 200 days.

Victoria’s Secret & Co [VSCO]: Deeper insight into the fundamentals

Victoria’s Secret & Co’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.34 and a Current Ratio set at 0.95.

Earnings analysis for Victoria’s Secret & Co [VSCO]

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 VSCO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Victoria’s Secret & Co go to -10.05%.

Insider trade positions for Victoria’s Secret & Co [VSCO]

The top three institutional holders of VSCO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in VSCO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in VSCO stock with ownership which is approximately 5.8386%.