BBWI stock touches 52-week low at $27.3 amid market challenges

Published 2024-09-10, 09:36 a/m
BBWI
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In a year marked by significant volatility, Bath & Body Works Inc. (BBWI) stock has reached a 52-week low, trading at $27.3. This latest price point underscores a challenging period for the retailer, known for its scented body care and home fragrance products. Over the past year, BBWI has seen its stock value decrease by 24.77%, reflecting broader market trends and internal hurdles that have impacted the company's performance. Investors and analysts are closely monitoring the stock as it navigates through the current retail environment, which has been tough on many companies in the sector.


In other recent news, Bath & Body Works Inc. has experienced multiple adjustments in its stock price targets by different financial firms following weaker than anticipated sales in the second quarter of 2024. Morgan Stanley (NYSE:MS) maintains an Overweight rating but reduced the price target to $51, while Baird kept an Outperform rating with the price target adjusted to $45. BofA Securities held its Buy rating but cut the price target to $45, and JPMorgan (NYSE:JPM) maintained a Neutral rating while lowering the price target to $39.


Despite a shortfall in revenue, Bath & Body Works reported a modest earnings per share (EPS) increase that surpassed expectations due to better margins. The company also revised its full-year 2024 sales guidance downward, now projecting a decrease of 4% to 2%.


Furthermore, Bath & Body Works has raised its cost optimization savings target to $130 million from $100 million and is set to repurchase $400 million in shares. These recent developments underscore the company's efforts to navigate a challenging market while striving for operational efficiency and growth.


InvestingPro Insights


With Bath & Body Works Inc. (BBWI) experiencing notable market fluctuations, investors may find value in the recent insights from InvestingPro. The company's management has been proactively engaging in share buybacks, a move that often reflects leadership's confidence in the firm's value proposition. Additionally, BBWI is trading at a low P/E ratio of 6.66, suggesting that the stock could be undervalued relative to its near-term earnings growth. This is further supported by the company's low earnings multiple.


Despite recent setbacks reflected in a 52-week low, BBWI has maintained its dividend payments for an impressive 52 consecutive years, showcasing a commitment to returning value to shareholders. The dividend yield currently stands at a healthy 2.9%. Moreover, real-time data from InvestingPro indicates that BBWI has a market capitalization of $5.99 billion and a robust gross profit margin of 44.03% over the last twelve months as of Q2 2025. These metrics, coupled with a strong return on assets of 18.48%, paint a picture of underlying financial health that may not be immediately apparent from the stock's recent price action alone.


For investors seeking a deeper dive into BBWI's performance and potential, InvestingPro offers additional tips. There are currently 14 more tips available, which could provide valuable insights into making informed investment decisions. To explore these further, one can visit https://www.investing.com/pro/BBWI.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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