Bath & Body Works Inc (BBWI) stock expected to gain 55.89% in the coming months

Bath & Body Works Inc [BBWI] stock prices are up 5.44% to $31.22 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BBWI shares have gain 5.58% over the last week, with a monthly amount glided 15.67%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Bath & Body Works Inc [NYSE: BBWI] stock has seen the most recent analyst activity on August 29, 2024, when Telsey Advisory Group reiterated its Outperform rating and also revised its price target to $42 from $53. Previously, JP Morgan upgraded its rating to Neutral on May 17, 2024, and elevated its price target to $53. On March 01, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $53 on the stock. Barclays downgraded its rating to a Equal Weight and increased its price target to $45 on January 04, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and reduced its price target to $42 on November 17, 2023. Jefferies downgraded its rating to Hold for this stock on October 26, 2023, and downed its price target to $30. In a note dated October 24, 2023, JP Morgan downgraded an Underweight rating on this stock and revised its target price from $41 to $27.

The stock price of Bath & Body Works Inc [BBWI] has been fluctuating between $26.20 and $52.99 over the past year. Currently, Wall Street analysts expect the stock to reach $48.67 within the next 12 months. Bath & Body Works Inc [NYSE: BBWI] shares were valued at $31.22 at the most recent close of the market. An investor can expect a potential return of 55.89% based on the average BBWI price forecast.

Analyzing the BBWI fundamentals

The Bath & Body Works Inc [NYSE:BBWI] reported sales of 7.38B for trailing twelve months, representing a drop of -2.12%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is -0.52 and Total Capital is 0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.55.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 29.92 points at the first support level, and at 28.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.92, and for the 2nd resistance point, it is at 32.61.

Ratios To Look Out For

It’s worth pointing out that Bath & Body Works Inc [NYSE:BBWI]’s Current Ratio is 1.11. On the other hand, the Quick Ratio is 0.54, and the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.93 and price to earnings (TTM) ratio is 7.54.

Transactions by insiders

Recent insider trading involved Nash Sarah E, Director, that happened on Jun 18 ’24 when 48000.0 shares were sold. Chief Supply Chain Officer, Mazurek Thomas E. completed a deal on Mar 27 ’24 to sell 4285.0 shares. Meanwhile, President, Retail Rosen Julie sold 12361.0 shares on Mar 01 ’24.

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