Victoria's Secret Stock Craters 35% In A Week - Upgrading From A Sell [Seeking Alpha]
Victorias Secret & Co. (VSCO)
Company Research
Source: Seeking Alpha
The company's quarter was decent, but the forward guidance caused the stock to collapse, and we see it settling out in the mid-teens. While there are opportunities for international growth, operational expenses and sales weakness in North America are weighing. Looking for more investing ideas like this one? Get them exclusively at BAD BEAT Investing. Learn More » In November 2022, we slapped a sell rating on Victoria's Secret & Co. NYSE: VSCO ). Shares have never recovered are down nearly 60% since that call. Now, we will point out that shares had been on a tear from the mid-teens to about $30 before dumping off after the just-reported Q4 2023 earnings . You know what is interesting about this collapse in shares is that the quarter was actually decent. In fact, sales were in line with expectations, while EPS was a beat against consensus estimates . The problem really stemmed from the forward guidance, and in this column we will discuss the results, and the outlook. This was a b
Show less
Read more
Impact Snapshot
Event Time:
VSCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VSCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VSCO alerts
High impacting Victorias Secret & Co. news events
Weekly update
A roundup of the hottest topics
VSCO
News
- FRAGRANCE ENTHUSIASTS ACROSS THE COUNTRY ARE INVITED TO CAST THEIR VOTE FOR THE 2024 FRAGRANCE FOUNDATION AWARDS CONSUMER CHOICE CATEGORIES [Yahoo! Finance]Yahoo! Finance
- Victoria's Secret Has Potential And Is Directionally Correct, But Wait For Lower Prices [Seeking Alpha]Seeking Alpha
- L Catterton Acquires Majority Stake in KIKO Milano from Percassi Family [Yahoo! Finance]Yahoo! Finance
- Famed MONY tower that inspired hit song sells for a lot less cash than it fetched a decade ago in troubling sign for NYC market [Yahoo! Finance]Yahoo! Finance
- Victoria's Secret & Co. (NYSE: VSCO) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "sell" rating and a $14.00 price target on the stock.MarketBeat
VSCO
Earnings
- 3/6/24 - Beat
VSCO
Sec Filings
- 4/22/24 - Form PRE
- 3/22/24 - Form 4
- 3/22/24 - Form 10-K
- VSCO's page on the SEC website