Based on Inventory Goal Advisor, Barclays inventory analysts lowered their worth goal on Bathtub & Physique Works (NYSE: BBWI) in a observe to traders on Monday, setting $39.00 as the brand new worth goal for the corporate. The goal worth set by Barclays implies a lower of 0.26% from the corporate’s present worth.
Experiences on BBWI from various further analysts have additionally been launched in latest months. Credit score Suisse Group lowered its worth goal on Bathtub & Physique Works shares from $49.00 to $42.00 and gave the corporate a “impartial” ranking in a analysis report printed Thursday, August 18. Raymond James elevated his worth goal on Bathtub & Physique Works from $43.00 to $48.00 and gave the shares a “sturdy purchase” ranking in a analysis report launched Friday, August 19. Bathtub & Physique Works has been given a “Purchase” ranking with a $49.00 worth goal by Goldman Sachs Group in a analysis report that was printed on Friday, August 19. The examine indicated that the worth goal had been raised from $32.00 to $49.00. The goal worth that Deutsche Financial institution Aktiengesellschaft has set for Bathtub & Physique Works shares has elevated from $41.00 to $46.00 because of a analysis report printed on Friday, August 19. In the long run, BMO Capital Markets raised its worth goal on Bathtub & Physique Works shares from $45.00 to $48.00 and gave the inventory an “outperform” ranking in a analysis report printed Thursday, August 18. . One knowledgeable suggests promoting the inventory, 4 recommend holding it, fourteen recommend shopping for it, and one suggests shopping for it with a excessive suggestion. Based on information supplied by Bloomberg, the present consensus suggestion for Bathtub & Physique Works is a “Average Purchase” and the common worth goal for the corporate is $51.50.
On Monday, NYSE:BBWI rose $0.87 to shut at $39.10 a share. The variety of shares that modified arms throughout the negotiation was 124,110, for 4,679,288. The value of a single merchandise at Bathtub & Physique Works has ranged from $25.75 to $77.91 over the previous 12 months. The corporate’s 50-day easy transferring common is $34.64 and its 200-day easy transferring common is $35.87. The corporate’s market capitalization at the moment stands at $8.93 billion, with a PE ratio of 10.18, a worth/earnings progress ratio of 0.85, and a beta of 1.69.
In latest months, BBWI has elevated or decreased its holdings in a number of completely different hedge funds. Throughout the first three months of the 12 months, Prudential PLC added 8.5% extra shares to its holdings in Bathtub & Physique Works. After making extra purchases throughout the interval in query, Prudential PLC now owns 47,840 shares of the corporate, with a mixed worth of $2,287,000. The curiosity in Bathtub & Physique Works, owned by the Texas Lecturers Retirement System, elevated 53.1% throughout the first quarter of this 12 months. The Texas Lecturers Retirement System now holds 148,959 shares of the corporate, valued at $7,120,000 following the acquisition of an extra 51,685 shares throughout the interval in query. The share possession of Bathtub & Physique Works held by AIA Group Ltd. grew by 58.5% throughout the first quarter. AIA Group Ltd. at the moment holds a complete of two,049 shares within the firm, valued at $98,000 after buying an extra 756 shares throughout the time in query. Steadfast Capital Administration LP achieved a 7,923.4% enhance within the firm’s Bathtub & Physique Works possession throughout the first quarter. After making an extra buy of 6,676,247 shares of the corporate throughout the first quarter, Steadfast Capital Administration LP now owns 6,760,507 shares of the corporate, that are price $323,152,000.
In the meantime, Hawk Ridge Capital Administration LP elevated its stake in Bathtub & Physique Works by 53.8%. After making further purchases throughout the time interval, Hawk Ridge Capital Administration LP now owns 1,296,085 shares of the company, price $61,953,000. Presently, institutional traders personal 96.19% of the corporate’s shares.
Bathtub & Physique Works, Inc. is a specialty retailer that sells physique care merchandise, dwelling fragrances, soaps, hand sanitizers, and different private care objects. Bathtub & Physique Works, White Barn and several other different manufacturers are provided in shops all over the world operated by franchise, license and wholesale companions. Moreover, these merchandise might be bought at specialty retail shops and on the corporate’s web sites in the USA and Canada.