Bath & Body Works Inc (NYSE: BBWI) is 4.05% higher on its value in year-to-date trading and has touched a low of $26.20 and a high of $52.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BBWI stock was last observed hovering at around $40.10 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $40.34, the stock is 7.30% and 6.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.72 million and changing 0.60% at the moment leaves the stock 10.57% off its SMA200. BBWI registered -11.15% loss for a year compared to 6-month gain of 17.75%.
The stock witnessed a 8.18% loss in the last 1 month and extending the period to 3 months gives it a 27.90%, and is 11.93% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.61% over the week and 3.33% over the month.
Bath & Body Works Inc (BBWI) has around 57157 employees, a market worth around $8.74B and $7.43B in sales. Current P/E ratio is 9.84 and Fwd P/E is 11.05. Profit margin for the company is 12.43%. Distance from 52-week low is 53.94% and -23.87% from its 52-week high. The company has generated returns on investments over the last 12 months (29.78%).
with sales reaching $2.78B over the same period.The EPS is expected to shrink by -0.26% this year, but quarterly earnings will post -1.81% year-over-year. Quarterly sales are estimated to shrink -4.67% in year-over-year returns.
The shares outstanding are 217.00M, and float is at 213.80M with Short Float at 2.62%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.48 million shares valued at $1.07 billion. The investor’s holdings represent 12.2152 of the BBWI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.78 million shares valued at $616.16 million to account for 7.0128 of the shares outstanding. The other top investors are THIRD POINT LLC which holds 11.97 million shares representing 5.3941 and valued at over $467.62 million, while LONE PINE CAPITAL LLC holds 5.0971 of the shares totaling 11.32 million with a market value of $441.87 million.
Bath & Body Works Inc (BBWI) Insider Activity
Bath & Body Works Inc disclosed in a document filed with the SEC on Oct 09 ’24 that Boswell Gina (Chief Executive Officer) bought a total of 6,000 shares of the company’s common stock. The trade occurred on Oct 09 ’24 and was made at $29.64 per share for $0.18 million. Following the transaction, the insider now directly holds 0.24 million shares of the BBWI stock.
Still, SEC filings show that on Jun 18 ’24, Nash Sarah E (Director) disposed off 48,000 shares at an average price of $41.50 for $1.99 million. The insider now directly holds 149,202 shares of Bath & Body Works Inc (BBWI).
