L Brands, Inc. s in-depth stock price analysis indicates that the stock price has dropped -16.03% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -22.74% . Looking at the past 52 week period, the stock price is down -28.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of L Brands, Inc. has a negative value of -25.02 compared to overall market performance. L Brands, Inc. (NYSE:LB) has tumbled 1.11% during the past week and has dropped 2.92% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.91%. L Brands, Inc. (NYSE:LB) has underperformed the index by 4.65% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
L Brands, Inc. (NYSE:LB) witnessed a volatile trading activity on Friday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $58.95 and reached the intraday high at $59.88. The bulls started the profit booking and pushed the shares to intraday low of $58.47. The trading session was marked by a volume range of 3,349,625 shares exchanging hands. The 52-week high of the shares is $88.77 and the 52-week low is $57.48. The market cap of the company stands at $16,849 million and there are 285,955,860 shares in public circulation.
L Brands Inc Last issued its quarterly earnings results on Nov 16, 2016. The company reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.40. The company had revenue of $2580.98 million for the quarter, compared to analysts expectations of $2563.82 million. The companys revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.L Brands Inc was Reiterated by Mizuho on Feb 3, 2017 to Neutral, Lowers Price Target to $ 62 from a previous price target of $65 .L Brands Inc was Reiterated by Wolfe Research on Jan 6, 2017 to Peer Perform, Lowers Price Target to $ 62 from a previous price target of $67 .L Brands Inc was Upgraded by Piper Jaffray to Neutral on Nov 28, 2016. L Brands Inc was Upgraded by Citigroup to Buy on Nov 14, 2016.
Company has reported several Insider transactions to the SEC, on Sep 1, 2016, Charles Mcguigan (Chief Operating Officer) sold 23,687 shares at 76.37 per share price.On Aug 25, 2016, Martin P Waters (Pres, L Brands International) sold 45,500 shares at 77.49 per share price.On Jul 12, 2016, Nicholas Coe (CEO-Bath and Body Works) sold 4,951 shares at 67.53 per share price.
L Brands, Inc. operates as a retailer of womens intimate and other apparel, beauty and personal care products and accessories primarily in the United States. Its brand includes Victorias Secret, Victorias Secret Pink, Bath & Body Works, La Senza and Henri Bendel. The company sells its product through franchise, license, wholesale partners, websites, catalogue, and other channels. L Brands Inc., formerly known as Limited Brands Inc., is headquartered in Columbus, Ohio.