Q3 EPS Estimate for Bath & Body Works Lowered by Analyst

Bath & Body Works, Inc. (NYSE:BBWI) – Research analysts at Telsey Advisory Group dropped their Q3 2026 EPS estimates for shares of Bath & Body Works in a research report issued on Tuesday, May 20th. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings per share of $0.50 for the quarter, down from their prior forecast of $0.54. Telsey Advisory Group has a “Outperform” rating and a $43.00 price target on the stock. The consensus estimate for Bath & Body Works’ current full-year earnings is $3.30 per share. Telsey Advisory Group also issued estimates for Bath & Body Works’ Q1 2027 earnings at $0.59 EPS, Q2 2027 earnings at $0.48 EPS, Q3 2027 earnings at $0.57 EPS and Q4 2027 earnings at $2.32 EPS.

Bath & Body Works (NYSE:BBWI) last issued its earnings results on Thursday, February 27th. The company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.05. The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.78 billion. Bath & Body Works had a net margin of 12.43% and a negative return on equity of 44.03%.

Other analysts also recently issued research reports about the stock. Cowen reaffirmed a “buy” rating on shares of Bath & Body Works in a report on Thursday, February 27th. Piper Sandler set a $39.00 target price on shares of Bath & Body Works and gave the company an “overweight” rating in a report on Thursday, May 15th. Citigroup raised their price target on shares of Bath & Body Works from $36.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday. Raymond James cut their price objective on shares of Bath & Body Works from $46.00 to $37.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th. Finally, Wells Fargo & Company upped their price objective on shares of Bath & Body Works from $40.00 to $44.00 and gave the company an “overweight” rating in a research note on Wednesday, May 14th. Four equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $42.56.

Bath & Body Works Price Performance

Shares of NYSE:BBWI opened at $33.43 on Wednesday. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 8.15, a price-to-earnings-growth ratio of 0.92 and a beta of 1.87. The business’s 50 day simple moving average is $30.16 and its 200-day simple moving average is $34.03. Bath & Body Works has a 12 month low of $24.96 and a 12 month high of $52.99.

Institutional Investors Weigh In On Bath & Body Works

Large investors have recently made changes to their positions in the business. Park Avenue Securities LLC acquired a new stake in Bath & Body Works in the 4th quarter valued at $270,000. UMB Bank n.a. boosted its position in shares of Bath & Body Works by 58.8% in the fourth quarter. UMB Bank n.a. now owns 905 shares of the company’s stock worth $35,000 after buying an additional 335 shares during the period. Missouri Trust & Investment Co grew its stake in shares of Bath & Body Works by 7.2% in the fourth quarter. Missouri Trust & Investment Co now owns 39,570 shares of the company’s stock valued at $1,534,000 after buying an additional 2,660 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Bath & Body Works during the 4th quarter valued at about $372,000. Finally, Avior Wealth Management LLC raised its holdings in shares of Bath & Body Works by 30.3% during the 4th quarter. Avior Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $76,000 after buying an additional 453 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Bath & Body Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, June 6th. This represents a $0.80 annualized dividend and a yield of 2.39%. Bath & Body Works’s dividend payout ratio is currently 21.98%.

Bath & Body Works declared that its board has authorized a share buyback program on Thursday, February 27th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 6.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Bath & Body Works Company Profile

Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.