Telsey covers the Consumer Goods sector, focusing on stocks such as Bath & Body Works, Children’s Place, and Gap. According to TipRanks, Telsey has an average return of 0.3% and a 42.51% success rate on recommended stocks.
In addition to Telsey Advisory, Bath & Body Works also received a Buy from Robert W. Baird’s Mark Altschwager in a report issued today. However, on the same day, Credit Suisse maintained a Hold rating on Bath & Body Works (NYSE: BBWI).
Based on Bath & Body Works’ latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $1.45 billion and a net profit of $155 million. In comparison, last year the company earned a revenue of $1.47 billion and had a net profit of $277 million
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BBWI in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
L Brands, Inc. engages in the retail business. It is focused on women’s intimate and other apparel, personal care and beauty categories. It operates its business through the following segments: Victorias Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its brands include Victorias Secret, Bath and Body Works, Pink, La Senza, and Henri Bendel. The company was founded by Leslie Herbert Wexner in 1963 and is headquartered in Columbus, OH.
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