Bath & Body Works Inc (NYSE: BBWI) is -27.47% lower on its value in year-to-date trading and has touched a low of $24.96 and a high of $52.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BBWI stock was last observed hovering at around $28.58 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $28.12, the stock is -10.89% and -7.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.15 million and changing -1.61% at the moment leaves the stock -14.55% off its SMA200. BBWI registered -42.09% loss for a year compared to 6-month loss of -21.41%. The firm has a 50-day simple moving average (SMA 50) of $30.297 and a 200-day simple moving average (SMA200) of $32.90955.
The stock witnessed a -7.83% gain in the last 1 month and extending the period to 3 months gives it a -22.38%, and is -10.39% down 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 3.23% over the week and 3.35% over the month.
Bath & Body Works Inc (BBWI) has around 59210 employees, a market worth around $5.95B and $7.35B in sales. Current P/E ratio is 7.52 and Fwd P/E is 7.34. Profit margin for the company is 11.11%. Distance from 52-week low is 12.66% and -46.93% from its 52-week high. The company has generated returns on investments over the last 12 months (24.50%).
The EPS is expected to grow by 6.62% this year.
Bath & Body Works Inc (BBWI) Top Institutional Holders
657.0 institutions hold shares in Bath & Body Works Inc (BBWI), with institutional investors hold 101.78% of the company’s shares. The shares outstanding are 212.00M, and float is at 209.15M with Short Float at 2.64%. Institutions hold 101.45% of the Float.
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 12.3803% 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 7.1076 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
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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).
