Bath & Body Works (NYSE:BBWI) Hits New 52-Week Low – Here’s What Happened

Bath & Body Works, Inc. (NYSE:BBWI)’s stock price reached a new 52-week low on Monday . The company traded as low as $21.47 and last traded at $21.4050, with a volume of 5835632 shares. The stock had previously closed at $22.00.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Telsey Advisory Group reiterated an “outperform” rating and issued a $38.00 price objective on shares of Bath & Body Works in a report on Thursday. Wall Street Zen downgraded shares of Bath & Body Works from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Morgan Stanley lifted their price target on shares of Bath & Body Works from $40.00 to $43.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Wells Fargo & Company decreased their price objective on Bath & Body Works from $44.00 to $33.00 and set an “overweight” rating for the company in a report on Monday, October 27th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bath & Body Works in a research report on Wednesday, October 8th. Ten analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $38.18.

Bath & Body Works Stock Performance

The business’s 50-day moving average price is $25.50 and its 200 day moving average price is $28.52. The company has a market cap of $4.43 billion, a P/E ratio of 6.38, a P/E/G ratio of 0.86 and a beta of 1.53.

Bath & Body Works (NYSE:BBWI) last issued its earnings results on Thursday, August 28th. The company reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. Bath & Body Works had a net margin of 9.88% and a negative return on equity of 48.43%. Bath & Body Works’s revenue was down .8% on a year-over-year basis. During the same period last year, the business posted $0.37 EPS. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. Equities research analysts forecast that Bath & Body Works, Inc. will post 3.3 earnings per share for the current year.

Bath & Body Works Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Friday, November 21st will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.7%. Bath & Body Works’s payout ratio is presently 23.74%.

Institutional Investors Weigh In On Bath & Body Works

Several hedge funds have recently added to or reduced their stakes in BBWI. First Horizon Corp acquired a new position in shares of Bath & Body Works in the third quarter valued at $29,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Bath & Body Works in the 2nd quarter valued at about $33,000. SVB Wealth LLC acquired a new position in Bath & Body Works in the 1st quarter valued at about $35,000. Geneos Wealth Management Inc. lifted its position in Bath & Body Works by 217.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock worth $35,000 after acquiring an additional 801 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in Bath & Body Works by 63.3% during the second quarter. Parallel Advisors LLC now owns 1,241 shares of the company’s stock worth $37,000 after acquiring an additional 481 shares during the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

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.