Bath & Body Works Inc (NYSE: BBWI) is -31.31% lower on its value in year-to-date trading and has touched a low of $24.96 and a high of $47.48 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 $26.59 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $26.63, the stock is -12.92% and -10.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.33 million and changing 0.15% at the moment leaves the stock -18.71% off its SMA200. BBWI registered -41.04% loss for a year compared to 6-month loss of -27.81%. The firm has a 50-day simple moving average (SMA 50) of $29.844 and a 200-day simple moving average (SMA200) of $32.76085.
The stock witnessed a -12.66% gain in the last 1 month and extending the period to 3 months gives it a -18.36%, and is -5.30% 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 1.34% over the week and 3.13% over the month.
Bath & Body Works Inc (BBWI) has around 59210 employees, a market worth around $5.64B and $7.35B in sales. Current P/E ratio is 7.12 and Fwd P/E is 6.95. Profit margin for the company is 11.11%. Distance from 52-week low is 6.69% and -43.91% 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
656.0 institutions hold shares in Bath & Body Works Inc (BBWI), with institutional investors hold 101.65% of the company’s shares. The shares outstanding are 212.00M, and float is at 209.14M with Short Float at 2.64%. Institutions hold 101.31% 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
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).
