Market Movers

Bath & Body Works, Inc.’s Stock Price Soars to $34.61, Marking a Robust 4.22% Surge in Market Performance

Bath & Body Works, Inc. (BBWI)

34.61 USD +1.40 (+4.22%) Volume: 3.52M

Bath & Body Works, Inc.’s stock price is currently valued at 34.61 USD, showcasing an increase of +4.22% in the latest trading session with a trading volume of 3.52M. Despite the recent surge, the stock’s performance year-to-date reflects a downturn of -19.81%, indicating a volatile market for BBWI.


Latest developments on Bath & Body Works, Inc.

Today, Bath & Body Works’ stock price movements were influenced by various events. Telsey maintained an Outperform rating on the company, while Sumitomo Mitsui Trust Holdings Inc. cut its stock holdings. Additionally, Assenagon Asset Management S.A. sold a significant number of shares. Despite this, Blue Trust Inc. bought shares of Bath & Body Works, Inc. (NYSE:BBWI). In other news, Dollar Tree shoppers are raving about a $1.25 Bath & Body Works dupe, and shoppers are sharing their must-have products for fall. The company also announced a Secret Halloween Sale with items starting at $5, and a collaboration with Netflix for a ‘Stranger Things’ collection. With all these developments, investors are closely watching Bath & Body Works’ quarterly earnings announcement scheduled for Wednesday.


A look at Bath & Body Works, Inc. Smart Scores

FactorScoreMagnitude
Value0
Dividend4
Growth3
Resilience5
Momentum2
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores, Bath & Body Works seems to have a positive long-term outlook. With high scores in Resilience and Dividend, the company appears to be well-positioned to weather any economic downturns and provide consistent returns to shareholders. While the Growth and Momentum scores are not as high, the company’s focus on personal care products and serving customers worldwide could help drive future growth.

Bath & Body Works, Inc. is known for manufacturing personal care products such as fragrance, gifts, body care, and bath products. With a strong emphasis on resilience and dividends, the company is likely to continue providing quality products to customers globally. Although there may be room for improvement in terms of growth and momentum, Bath & Body Works’ commitment to serving its customer base suggests a steady outlook for the company in the long run.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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