Bath & Body Works, Inc. (NYSE:BBWI) Stock Has Consensus Target Price of $22.13

Shares of Bath & Body Works, Inc. (NYSE:BBWI) have earned an average rating of “Hold” from the twenty research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $22.20.

Several equities research analysts have recently issued reports on BBWI shares. Wells Fargo & Company raised their target price on shares of Bath & Body Works from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Thursday. Argus restated a “hold” rating on shares of Bath & Body Works in a report on Wednesday, September 16th. Barclays decreased their price target on shares of Bath & Body Works from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, August 27th. Morgan Stanley lowered their price target on Bath & Body Works from $22.00 to $20.00 and set an “equal weight” rating for the company in a report on Thursday, August 27th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Bath & Body Works in a research report on Tuesday, October 6th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Bank of America Corp DE bought a new stake in shares of Bath & Body Works during the 2nd quarter worth about $62,249,000. 1834 Investment Advisors Co. lifted its stake in shares of Bath & Body Works by 63.8% in the 3rd quarter. 1834 Investment Advisors Co. now owns 316,246 shares of the company’s stock worth $5,035,000 after acquiring an additional 123,222 shares during the period. Hsbc Holdings PLC lifted its stake in shares of Bath & Body Works by 98.0% in the 2nd quarter. Hsbc Holdings PLC now owns 588,941 shares of the company’s stock worth $13,651,000 after acquiring an additional 291,470 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Bath & Body Works in the second quarter valued at approximately $46,706,000. Finally, BlackRock Inc. bought a new position in shares of Bath & Body Works in the second quarter valued at approximately $449,065,000. Institutional investors own 95.14% of the company’s stock.

Bath & Body Works Stock Performance

BBWI opened at $22.78 on Friday. The business’s fifty day moving average is $18.57 and its two-hundred day moving average is $19.84. The company has a market cap of $4.59 billion, a price-to-earnings ratio of 5.93, a PEG ratio of 1.14 and a beta of 1.40. Bath & Body Works has a one year low of $14.27 and a one year high of $25.21.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.38. Bath & Body Works had a net margin of 10.83% and a negative return on equity of 53.48%. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $0.30 earnings per share. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. Bath & Body Works has set its Q3 2026 guidance at 0.070-0.120 EPS and its FY 2026 guidance at 2.600-2.800 EPS. On average, analysts predict that Bath & Body Works will post 2.74 EPS for the current fiscal year.

Bath & Body Works Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, August 21st. Bath & Body Works’s dividend payout ratio is 20.83%.

About Bath & Body Works

Bath & Body Works, Inc is a specialty retailer focused on personal care and home fragrance products. Its merchandise includes body lotions, shower gels, fragrances, soaps, hand sanitizers, candles, air fresheners and other fragrance-focused items sold under the Bath & Body Works brand.

The company operates through a network of retail stores and digital commerce channels, serving customers primarily in the United States and Canada. Its products are also available internationally through select partners, including franchise, wholesale and other distribution arrangements.

Bath & Body Works traces its origins to 1990 and was formerly part of L Brands, Inc The company became an independent publicly traded business in 2021 after separating from L Brands.