Analyst Ratings for L Brands Inc. (LB)Updated: 2017-07-28
An average rating of Hold has been given to L Brands Inc. (NYSE:LB) by analysts covering the stock. About 30 days ago, LB was issued an average rating of Hold.
30 analysts issued ratings on the stock, where 9 gave LB a buy rating, 0 gave an overweight rating, 18 gave a hold rating, 1 issued an underweight rating, and 2 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
Several price targets were given for LB by the analysts covering the stock. The highest price target was 71, which equates to a potential upside of 55.99 percent. The most pessimistic analyst gave a price target of 32, implying a possible loss of -29.69 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -2.3 percent on average, compared to last month. That number becomes -9.57 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.31 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.25 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 5 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 5 analysts decreased their estimates.
LB has an estimated earnings growth rate of -15.37 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. LB has a PEG ratio of -0.78.
In the trailing 52-weeks, LB hit 79.67 at the highest peak, while it's lowest trading point was 43.04. The current market price is above the trailing year's low by 5.75 percent, and below the high by 42.87 percent. LB has a P/E ratio of 12. Investors typically compare the P/E ratio to a company's peers in the industry. The LB value stock report compares LB to some of its peers using value stock charts. The stock has a market capitalization of $13.19 billion. LB will post this quarters earnings in days, on 0000-00-00.