[eBook] 8 Simple Rules for Investors

Whether markets are up, down, or sideways, these are the 8 guidelines that experienced traders and investors follow to maximize returns while minimizing losses.

By clicking the link above you will automatically opt-in to receive emails from FinStrategist

Jeff Bezos' Next Move

These Analysts Boost Their Forecasts On Bath & Body Works Following Q4 Results

Avi Kapoor
March 01, 2024

Bath & Body Works, Inc. (NYSE:BBWI) reported upbeat fourth-quarter earnings, but issued worse-than-expected FY24 outlook on Thursday.

The company reported fourth-quarter adjusted earnings per share of $2.06, beating the analyst consensus of $1.87. Quarterly revenues of $2.912 billion beat the street view of $2.84 billion, according to data from Benzinga Pro.

The company approved a new share repurchase program to repurchase up to $500 million of the company’s outstanding shares of common stock.

Bath & Body Works said it sees net sales to range between a decline of 3.0% to flat relative to $7.429 billion of net sales in fiscal 2023, resulting in the range of $7.206 billion-$7.429 billion (consensus $7.45 billion). The company projects full-year earnings per share of $3.00-$3.35 versus the $3.34 estimate.

The company expects first-quarter 2024 net sales to decline 4.5% to 2.0% compared to $1.396 billion in 2023, resulting in the range of $1.333 billion-$1.368 billion (consensus $1.38 billion). Bath & Body Works forecasts first-quarter earnings per share of $0.28-$0.33 versus the $0.39 estimate.

Bath & Body Works shares fell 5.4% to close at $45.70 on Thursday.

These analysts made changes to their price targets on Bath & Body Works after the company reported quarterly results.

  • Telsey Advisory Group increased the price target on Bath & Body Works from $50 to $53. Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating.
  • Evercore ISI Group raised the price target on Bath & Body Works from $30 to $45. Evercore ISI Group analyst Omar Saad maintained an In-Line rating.

 

Check This Out: Hewlett Packard Enterprise Posts Mixed Q1 Results, Joins Fisker, Plug Power And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Continue Reading...

Popular

Top 3 Tech Stocks That May Explode This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota

A Native American-led nonprofit has announced that it purchased nearly 40 acres (16.2 hectares) of land in the Black Hills of South Dakota amid a growing movement that

What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad

A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.

Why Phoenix Motor Shares Are Surging Premarket Monday

Phoenix Motor expects revenue of $8-$9 million in Q1 FY24, up from $1.8 million in Q1 2023, thanks to strategic initiatives.

Warren Buffett Is Known For His Simple Lifestyle But Here Are 8 Lavish Things We Know He Owns

Warren Buffett, the billionaire, embraces a modest lifestyle and prefers stashing his cash in the bank. Despite standing among the world's wealthiest, the priciest items he owns could surprise everyone.

"This Will Be Bigger Than Tesla" -- Elon Musk - Ad

Elon Musk has cracked open a radical wealth-building opportunity, one that's set to close shut by May 16, 2024. It has to do with a new venture that Elon Musk is set to roll out... Something I'm calling "Elon's A.I. 2.0."

FBI opens criminal investigation into Baltimore bridge collapse, AP source says

The FBI is conducting a criminal investigation into of Baltimore’s Francis Scott Key Bridge that is focused on the circumstances leading up to it and whether all federal laws were followed, according to a person familiar with the matter.

Cheers to Growth: Constellation Brands Gets Upgrade, Analyst Bullish on Beer Sales

Constellation Brands gets a Buy rating upgrade from Argus Research analyst John Staszak, with a bullish price target of $306. Fiscal Q4 2024 saw a 7% rise in comparable sales to $2.14 billion, surpassing estimates. Beer revenue surged by approximately 11%, boosting overall sales, leading to an optimistic EPS outlook for FY25 and FY26.

America's Cash Bubble Set to Burst on May 1, 2024 - Ad

For the first time I've ever heard of... we know the exact day (and time) a bubble is going to burst. This is insane and something we only have access to because of Jason's findings (that he's sharing with his ultra-elite clients). To find out what the cash bubble is and why you're vulnerable to it without even realizing...

Group 1 Makes Power Move in UK Market with Inchcape Auto Dealerships Buy Out

Group 1 Automotive to acquire Inchcape's U.K. dealerships for $439M in all-cash deal. Deal expected to close in Q3 2024.

If O.J. Simpson's assets go to court, Goldman, Brown families could be first in line

LOS ANGELES (AP) — without having paid the lion’s share of the $33.5 million judgment a California civil jury awarded to the families of his ex-wife Nicole Brown Simpson and her friend .

Buy This A.I. Stock Before Elon's "A.I. Day" on May 16 - Ad

Luke Lango is now recommending this little-known A.I. stock because it could supply Elon Musk with a critical piece of infrastructure for his new A.I. venture, something Luke is calling "Elon's A.I. 2.0". Once Elon reveals it on May 16, you may have missed the biggest gains.

Apple, Rivian, Amazon, Nikola, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Thursday, the primary U.S. stock market benchmarks closed higher, with the S&P 500 increasing by 0.74% to reach 5,199.06.

Super-Billionaire Goes All-in on $3 A.I. Stock - Ad

I've been pounding the table on this $3 A.I. stock for weeks now. I believe we'll soon talk about this little-known stock in the same way we talk about Amazon, Tesla, and Nvidia now. This is without a doubt my #1 recommendation to buy today.

Oil and gas companies must pay more to drill on public lands under new Biden administration rule

WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.

The Sleeper Crypto of 2024? - Ad

One little-known coin is quietly gearing up for a potential breakout. Our analysts believe it could be the surprise crypto hit of 2024. Discover the name of this under-the-radar gem and our full analysis for just $3.

Company that made millions of defective sleep apnea machines ordered to overhaul manufacturing

WASHINGTON (AP) — The company responsible for a will be barred from resuming production at U.S. facilities until it meets a number of safety requirements, under a announced Tuesday by federal officials.

Top 3 Tech And Telecom Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

The No. 1 AI Stock of 2024 (Not Nvidia) - Ad

It's not Nvidia, Meta Platforms, Alphabet, or Amazon. But thanks to a recent major deal, an under-the-radar stock could become the No. 1 winner of the AI boom. "This company just teamed up with one of the biggest power players in the AI industry... yet you can still buy it for just one-twelfth the price of Nvidia -- the time to buy is NOW," says Marc Chaikin.

What's Going On With Charles Schwab Shares After Launching Forex Trading?

Charles Schwab introduces futures and forex trading on its thinkorswim platform suite, part of Schwab Trading Powered by Ameritrade.

Insiders Buying Zumiez And 3 Other Stocks

Although U.S. stocks closed little changed on Monday, there were a few notable insider trades.

Why Gold Is Headed Above $3,000 - Ad

Many experts believe gold is headed to $3,000/oz. or even higher. As this rally picks up... most investors will likely run out and buy an ETF, a gold mining stock, or even bullion. But there's actually a much better way to profit from the emerging gold boom (with just $5.)

Meta's Move To Block News Erodes 'Signals Of Reliability' As Right-Wing Memes Thrive On Canadian Facebook: Report

Meta Platforms Inc.'s decision to block news links in Canada has reportedly led to an increase in right-wing content on the platform, potentially affecting political discourse and raising concerns about the spread of misinformation.

FBI Chief To Warn Congress Of Potential Coordinated Attack In US Similar To Russia Massacre: 'Threats To Our Public Safety And National Security...So Elevated'

FBI Director Christopher Wray is expected to raise concerns about the possibility of a coordinated attack in the United States, similar to the recent massacre in Russia, in a congressional hearing on Thursday.

Jeff Bezos' Next Trillion Dollar Bet (shocking) - Ad

Wall Street legend has just uncovered one tiny Maryland company that could become the next Nvidia. Few in the media are talking about this story yet...but in the next 6 months that's all they'll talk about.

Milei, the president of cash-strapped Argentina, starts another US tour and plans to meet Elon Musk

BUENOS AIRES, Argentina (AP) — President of Argentina kicked off a visit Wednesday to the United States, where he'll meet with tech billionaire , as his government seeks an infusion of cash to overhaul Argentina's embattled economy.

Thai prime minister unveils details of a $13.5 billion digital money handout plan

BANGKOK (AP) — Thailand's Prime Minister Srettha Thavisin on Wednesday revealed details of his government’s plan to stimulate the economy by giving digital cash handouts of 10,000 baht ($275) to an estimated 50 million Thais for spending at their local businesses.

Steve Jobs' 'Final Prophecy' Is Now Coming True! - Ad

Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything.

How Iran's Attack Against Israel Will Impact Gas Prices You Pay At The Pump

Stock market dropped due to fears of Middle East tensions. Analysts worry oil prices could stay high and lead to recession. Gas prices may rise soon.

"Gold's Final Bull Market Has Just Begun..." - Ad

The last time an event this seismic played out, gold surged 2,382%... yet most Americans had no clue it was even happening. Today, a Stansberry Senior Partner and former Goldman Sachs VP is pulling back the curtain on this strange story playing out in the upper echelons of world finance. And even if you've never owned an ounce of gold, this could impact everything from your investments to your mortgage.

Forget NVIDIA, Tesla and ChatGPT -- Buy Elon's "A.I. 2.0" Project Instead - Ad

Luke Lango has traveled to the Tesla Gigafactory in Texas to reveal Elon's hidden A.I. project. It's known as "A.I. 2.0", and in Elon's own words, it will be "a fundamental transformation for civilization as we know it." Luke has found a "backdoor" method to claim a stake before it goes mainstream.

What's Going On With Pratt & Whitney Parent RTX Shares Today?

RTX Corporation shares dip on Tuesday. Pratt & Whitney unveils North American Technology Accelerator, aiming to enhance MRO network development.

Elon Musk Gets Fresh Challenge In His X Plans As Naval's Airchat App Begins Making Buzz

AngelList co-founder Naval Ravikant has launched a new social media app called Airchat, to take on Elon Musk's hate speech-inundated X.

The No. 1 Crypto for 2024 - Ad

We're entering the final crypto bull run, and 2024 will be your last chance to ever get rich from crypto. These five tiny cryptos are believed to create generational wealth over the next 12 months. $30 trillion is poised to funnel into the crypto markets thanks to a new government regulation just signed.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service