L Brands (NYSE:LB) Earns Daily Media Sentiment Score of -3.80

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Headlines about L Brands (NYSE:LB) have trended very negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. L Brands earned a daily sentiment score of -3.80 on their scale. InfoTrie also assigned press coverage about the specialty retailer an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the headlines that may have impacted L Brands’ score:

A number of analysts have recently weighed in on the stock. Citigroup dropped their target price on shares of L Brands from $20.00 to $9.00 and set a “neutral” rating for the company in a report on Tuesday, March 24th. BMO Capital Markets upgraded shares of L Brands from a “market perform” rating to an “outperform” rating and set a $17.00 target price for the company in a report on Tuesday, May 5th. Guggenheim reiterated a “hold” rating on shares of L Brands in a report on Friday, February 28th. Morgan Stanley dropped their target price on shares of L Brands from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Finally, ValuEngine upgraded shares of L Brands from a “sell” rating to a “hold” rating in a report on Thursday. Three equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.86.

Shares of NYSE LB opened at $15.08 on Friday. L Brands has a fifty-two week low of $8.00 and a fifty-two week high of $28.01. The company has a 50 day simple moving average of $12.18 and a two-hundred day simple moving average of $17.36. The company has a market capitalization of $4.00 billion, a price-to-earnings ratio of -5.94, a P/E/G ratio of 1.38 and a beta of 1.09.

L Brands (NYSE:LB) last announced its earnings results on Wednesday, May 20th. The specialty retailer reported ($0.99) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.71) by ($0.28). L Brands had a negative net margin of 5.89% and a negative return on equity of 26.37%. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the business posted $0.14 EPS. L Brands’s revenue for the quarter was down 37.1% on a year-over-year basis. As a group, research analysts forecast that L Brands will post 0.8 earnings per share for the current year.

L Brands Company Profile

L Brands, Inc operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, home fragrance products, and accessories. The company operates in three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International.

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