Metis Global Partners and Van ECK Associates Corp have both sold shares in Bath & Body Works (BBWI), while Sound Shore Management Inc. CT and Federated Hermes Inc. have increased their holdings. BBWI has experienced a fluctuating track record, underperforming compared to competitors on certain days, yet overperforming on others. Despite its stock trading down, Q4 of last year saw a strong full-year earning, surpassing expectations. However, the company's after-market reputation seems lackluster, with BBWI shares being sold by groups such as Russell Investments Group Ltd. and Retirement Systems of Alabama.
Analysts have given the shares a consensus rating of Hold and a consensus target price of $46.73. Despite a 22% dip this year, BBWI's Q3 earnings beat estimates and increased year-over-year, sparking speculation among options traders. Despite some departures on the board of directors, BBWI's Q4 earnings exceeded estimates and the company beat its full-year expectations for 2024. However, disappointing guidance overshadowed this earning beat. A dividend of $0.20 has been announced, as BBWI's stock surges 84%, and the company continues to innovate with its new 'Bridgerton Collection' of products.
Bath Body Works BBWI News Analytics from Wed, 04 Jan 2023 08:00:00 GMT to Sun, 12 May 2024 17:17:43 GMT - Rating 5 - Innovation -3 - Information 6 - Rumor -3
