Raymond James reaffirms an “Outperform” rating for Bath & Body Works, Inc. (NYSE:BBWI), with a price target increase from $42 to $46.
BBWI is expected to report a slight decline in earnings and revenue for the fourth quarter, with earnings of $2.04 per share and revenue of $2.78 billion.
The company declares a regular quarterly dividend of 20 cents per share, showcasing its commitment to shareholder value.
Bath & Body Works, Inc. (NYSE:BBWI) is a well-known retailer specializing in personal care and home fragrance products. The company operates primarily in North America and is recognized for its wide range of scented products. BBWI competes with other major retailers in the personal care industry, such as The Body Shop and Lush.
On February 26, 2025, Raymond James reaffirmed their “Outperform” rating for BBWI, with the stock priced at $41.08. This rating suggests confidence in the company’s future performance. Analyst Olivia Tong from Raymond James also increased the price target from $42 to $46, indicating a positive outlook for the stock.
BBWI is set to release its fourth-quarter financial results on February 27, 2025. Analysts expect earnings of $2.04 per share, slightly down from $2.06 per share in the same period last year. The anticipated quarterly revenue is $2.78 billion, a decrease from $2.91 billion a year ago. These figures suggest a slight decline in financial performance.
On February 7, BBWI declared a regular quarterly dividend of 20 cents per share, payable on March 7. This dividend reflects the company’s commitment to returning value to shareholders. The stock recently saw a 1.1% increase, closing at $41.08, with a trading range between $40.75 and $41.87 during the day.
BBWI’s market capitalization is approximately $8.9 billion, with a trading volume of 7,208,354 shares on the NYSE. Over the past year, the stock has fluctuated between a high of $52.99 and a low of $26.21. This volatility highlights the dynamic nature of the stock market and the potential for future growth.
