Bath & Body Works, Inc. (NYSE:BBWI) Receives $23.00 Consensus Price Target from Brokerages

Bath & Body Works, Inc. (NYSE:BBWI) has been assigned a consensus rating of “Hold” from the seventeen brokerages that are covering the firm, MarketBeat reports. Fourteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $23.00.

A number of equities analysts recently weighed in on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Bath & Body Works in a research report on Monday, April 20th. UBS Group lifted their price objective on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, February 23rd. Jefferies Financial Group began coverage on shares of Bath & Body Works in a research report on Wednesday, January 14th. They issued a “hold” rating and a $24.00 price objective on the stock. Citigroup lowered shares of Bath & Body Works from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $21.00 to $25.00 in a research report on Tuesday, February 17th. Finally, Barclays boosted their target price on shares of Bath & Body Works from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, March 2nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC raised its stake in Bath & Body Works by 132.5% in the 4th quarter. AQR Capital Management LLC now owns 11,445,928 shares of the company’s stock valued at $229,834,000 after purchasing an additional 6,523,960 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Bath & Body Works by 2,204.1% during the 3rd quarter. American Century Companies Inc. now owns 5,174,370 shares of the company’s stock valued at $133,292,000 after acquiring an additional 4,949,796 shares during the last quarter. Jupiter Asset Management Ltd. increased its stake in shares of Bath & Body Works by 553.2% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,714,499 shares of the company’s stock valued at $95,685,000 after acquiring an additional 3,145,797 shares during the last quarter. Norges Bank acquired a new position in shares of Bath & Body Works during the 4th quarter valued at about $55,504,000. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Bath & Body Works during the 4th quarter worth about $54,785,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Bath & Body Works Price Performance

NYSE:BBWI opened at $19.74 on Friday. The firm’s fifty day moving average price is $19.63 and its 200 day moving average price is $20.95. Bath & Body Works has a 1-year low of $14.27 and a 1-year high of $34.66. The firm has a market cap of $3.98 billion, a price-to-earnings ratio of 6.27, a price-to-earnings-growth ratio of 1.97 and a beta of 1.43.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings data on Wednesday, March 4th. The company reported $2.05 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.28. Bath & Body Works had a net margin of 8.90% and a negative return on equity of 45.60%. The firm had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period last year, the firm posted $2.09 EPS. Bath & Body Works’s quarterly revenue was down 2.3% on a year-over-year basis. Bath & Body Works has set its Q1 2026 guidance at 0.240-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. As a group, analysts expect that Bath & Body Works will post 2.6 earnings per share for the current fiscal year.

Bath & Body Works Company Profile

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.