Analysts Set Bath & Body Works, Inc. (NYSE:BBWI) Target Price at $21.21

Shares of Bath & Body Works, Inc. (NYSE:BBWI) have received an average recommendation of “Hold” from the eighteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Fifteen investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $21.9286.

A number of analysts have recently weighed in on the company. Piper Sandler assumed coverage on Bath & Body Works in a research report on Friday, May 15th. They set a “neutral” rating and a $20.00 price target on the stock. Raymond James Financial reiterated a “market perform” rating on shares of Bath & Body Works in a research report on Wednesday, May 27th. UBS Group dropped their price target on Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. Wells Fargo & Company lowered their target price on Bath & Body Works from $29.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Bath & Body Works from $21.00 to $22.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd.

Institutional Trading of Bath & Body Works

Large investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC acquired a new stake in Bath & Body Works in the 4th quarter valued at approximately $31,000. Activest Wealth Management acquired a new position in shares of Bath & Body Works during the 4th quarter valued at $32,000. Geneos Wealth Management Inc. increased its position in shares of Bath & Body Works by 217.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after purchasing an additional 801 shares during the period. Parallel Advisors LLC increased its position in shares of Bath & Body Works by 42.6% during the 4th quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after purchasing an additional 567 shares during the period. Finally, Danske Bank A S acquired a new position in shares of Bath & Body Works during the 3rd quarter valued at $39,000. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Bath & Body Works Trading Down 6.8%

Shares of Bath & Body Works stock opened at $18.66 on Thursday. The business’s 50 day simple moving average is $18.62 and its 200-day simple moving average is $20.18. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 5.24, a PEG ratio of 2.00 and a beta of 1.42. Bath & Body Works has a twelve month low of $14.27 and a twelve month high of $33.96.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Bath & Body Works had a negative return on equity of 45.34% and a net margin of 10.03%.The business’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 EPS. Bath & Body Works has set its Q2 2026 guidance at 0.300-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. Sell-side analysts predict that Bath & Body Works will post 2.6 earnings per share for the current year.

Bath & Body Works Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, June 5th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.3%. The ex-dividend date is Friday, June 5th. Bath & Body Works’s dividend payout ratio (DPR) is currently 22.47%.

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.