Bath & Body Works, Inc. (NYSE:BBWI) Receives $21.93 Average Target Price from Analysts

Bath & Body Works, Inc. (NYSE:BBWI) has been given an average rating of “Hold” by the eighteen analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $21.9286.

Several research analysts have recently commented on the company. Weiss Ratings raised Bath & Body Works from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 9th. TD Cowen lifted their price objective on Bath & Body Works from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Raymond James Financial reissued a “market perform” rating on shares of Bath & Body Works in a research note on Wednesday, May 27th. Jefferies Financial Group increased their target price on Bath & Body Works from $22.00 to $23.00 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Finally, Morgan Stanley restated an “equal weight” rating and set a $22.00 target price on shares of Bath & Body Works in a report on Monday, July 6th.

Hedge Funds Weigh In On Bath & Body Works

A number of institutional investors have recently modified their holdings of the stock. Fund 1 Investments LLC bought a new position in shares of Bath & Body Works in the second quarter worth about $1,721,000. Caisse de depot et placement du Quebec bought a new stake in shares of Bath & Body Works during the second quarter valued at approximately $3,719,000. Man Group plc bought a new stake in shares of Bath & Body Works during the second quarter valued at approximately $22,670,000. Jupiter Topco LLC acquired a new stake in shares of Bath & Body Works in the second quarter valued at approximately $1,830,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of Bath & Body Works in the second quarter valued at approximately $13,651,000. 95.14% of the stock is owned by institutional investors.

Bath & Body Works Stock Up 4.1%

NYSE:BBWI opened at $19.40 on Tuesday. The firm has a market cap of $3.91 billion, a PE ratio of 5.45, a price-to-earnings-growth ratio of 1.92 and a beta of 1.38. Bath & Body Works has a 12 month low of $14.27 and a 12 month high of $32.32. The company’s 50-day moving average price is $20.37 and its two-hundred day moving average price is $20.17.

Bath & Body Works (NYSE:BBWI) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Bath & Body Works had a net margin of 10.03% and a negative return on equity of 45.34%. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 earnings per share. 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. On average, research analysts expect that Bath & Body Works will post 2.63 EPS for the current fiscal year.

Bath & Body Works Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be given a dividend of $0.20 per share. The ex-dividend date is Friday, August 21st. This represents a $0.80 annualized dividend and a yield of 4.1%. Bath & Body Works’s dividend payout ratio is 22.47%.

About Bath & Body Works

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.