Bath & Body Works Inc [NYSE: BBWI] traded at a low on Wednesday, posting a -2.17 loss after which it closed the day’ session at $40.05.
The results of the trading session contributed to over 3087517 shares changing hands. Over the past one week, the price volatility of Bath & Body Works Inc stands at 2.90% while the volatility over the past one month is 3.38%.
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The market cap for BBWI stock reached $8.94 billion, with 225.00 million shares outstanding and 220.92 million shares in the current float. Compared to the average trading volume of 2.85M shares, BBWI reached a trading volume of 3087517 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Bath & Body Works Inc [BBWI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BBWI shares is $52.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BBWI stock is a recommendation set at 2.05. 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.
JP Morgan have made an estimate for Bath & Body Works Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 17, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $50 to $53. The new note on the price target was released on March 01, 2024, representing the official price target for Bath & Body Works Inc stock. Previously, the target price had yet another raise from $37 to $45, while Barclays kept a Equal Weight rating on BBWI stock. On November 17, 2023, analysts decreased their price target for BBWI shares from 52 to 42.
The Average True Range (ATR) for Bath & Body Works Inc is set at 1.46, with the Price to Sales ratio for BBWI stock in the period of the last 12 months amounting to 1.21. Price to Free Cash Flow for BBWI in the course of the last twelve months was 12.16 with Quick ratio for the last quarter at 0.90.
How has BBWI stock performed recently?
Bath & Body Works Inc [BBWI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.61. With this latest performance, BBWI shares dropped by -17.05% in over the last four-week period, additionally sinking by -7.06% over the last 6 months – not to mention a rise of 9.94% 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 BBWI stock in for the last two-week period is set at 29.32, with the RSI for the last a single of trading hit 22.65, and the three-weeks RSI is set at 34.20 for Bath & Body Works Inc [BBWI]. The present Moving Average for the last 50 days of trading for this stock 46.08, while it was recorded at 41.34 for the last single week of trading, and 41.00 for the last 200 days.
Bath & Body Works Inc [BBWI]: Deeper insight into the fundamentals
Bath & Body Works Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.57.
Earnings analysis for Bath & Body Works Inc [BBWI]
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 BBWI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bath & Body Works Inc go to 5.02%.
Insider trade positions for Bath & Body Works Inc [BBWI]
The top three institutional holders of BBWI 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 BBWI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BBWI stock with ownership which is approximately 5.8386%.
