Bath & Body Works Inc (NYSE: BBWI) has a higher price-to-earnings ratio of 11.39x compared to its average ratio, The 36-month beta value for BBWI is at 1.91. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BBWI is 222.29M, and currently, shorts hold a 2.35% of that float. The average trading volume for BBWI on April 23, 2024 was 2.64M shares.
BBWI) stock’s latest price update
The stock price of Bath & Body Works Inc (NYSE: BBWI) has dropped by -0.11 compared to previous close of 43.99. Despite this, the company has seen a fall of -1.46% in its stock price over the last five trading days. InvestorPlace reported 2024-04-21 that At the beginning of 2024, retail stocks has a bright outlook. Consumer spending was holding up, the rate of inflation was easing, and there were expectations of an interest-rate cut.
BBWI’s Market Performance
Bath & Body Works Inc (BBWI) has seen a -1.46% fall in stock performance for the week, with a -8.97% decline in the past month and a 4.52% surge in the past quarter. The volatility ratio for the week is 2.70%, and the volatility levels for the past 30 days are at 3.01% for BBWI. The simple moving average for the past 20 days is -5.06% for BBWI’s stock, with a 13.19% simple moving average for the past 200 days.
Analysts’ Opinion of BBWI
Many brokerage firms have already submitted their reports for BBWI stocks, with Telsey Advisory Group repeating the rating for BBWI by listing it as a “Outperform.” The predicted price for BBWI in the upcoming period, according to Telsey Advisory Group is $53 based on the research report published on March 01, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see BBWI reach a price target of $45, previously predicting the price at $37. The rating they have provided for BBWI stocks is “Equal Weight” according to the report published on January 04th, 2024.
Telsey Advisory Group gave a rating of “Outperform” to BBWI, setting the target price at $42 in the report published on November 17th of the previous year.
BBWI Trading at -4.53% from the 50-Day Moving Average
After a stumble in the market that brought BBWI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.71% of loss for the given period.
Volatility was left at 3.01%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares sank -6.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.97% lower at present.
During the last 5 trading sessions, BBWI fell by -1.46%, which changed the moving average for the period of 200-days by +17.52% in comparison to the 20-day moving average, which settled at $46.14. In addition, Bath & Body Works Inc saw 1.81% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BBWI starting from Mazurek Thomas E., who sale 4,285 shares at the price of $48.89 back on Mar 27 ’24. After this action, Mazurek Thomas E. now owns 45,992 shares of Bath & Body Works Inc, valued at $209,515 using the latest closing price.
Rosen Julie, the President, Retail of Bath & Body Works Inc, sale 12,361 shares at $45.83 during a trade that took place back on Mar 01 ’24, which means that Rosen Julie is holding 12,361 shares at $566,476 based on the most recent closing price.
Stock Fundamentals for BBWI
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.44 for the gross margin
The net margin for Bath & Body Works Inc stands at 0.12. The total capital return value is set at 0.31.
Based on Bath & Body Works Inc (BBWI), the company’s capital structure generated 1.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at -2.81. The interest coverage ratio of the stock is 3.72.
Currently, EBITDA for the company is 1.55 billion with net debt to EBITDA at 2.77. When we switch over and look at the enterprise to sales, we see a ratio of 1.93. The receivables turnover for the company is 33.17for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, Bath & Body Works Inc (BBWI) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
