As of May, 16 L Brands, Inc. (LB) EPS Estimated At $0.19

Marco Green
April 17, 2018

L Brands, Inc. (NYSE:LB) has a current MF Rank of 932. About 5.11M shares traded or 12.77% up from the average.

Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for Hillenbrand Inc (NYSE:HI) is 0.53. The stock underperformed the S&P500 by 31.64%.

Nli International Inc increased Conocophillips (COP) stake by 220.08% reported in 2017Q4 SEC filing. Price target estimates can be calculated using various methods, and this may cause some analyst estimates to be drastically different than others.

L Brands, Inc. has posted trailing 12 months earnings of $3.13 per share. Conocophillips now has $76.02 billion valuation. Volume is the number of shares or agreement traded in a security or a whole market during a given period. It has outperformed by 21.98% the S&P500. It also reduced Ametek Inc New (NYSE:AME) stake by 41,130 shares and now owns 41,580 shares.

Looking at some analyst views on shares of Hillenbrand Inc (NYSE:HI), we note that the consensus target price is resting at $53. Therefore 68% are positive. ConocoPhillips had 94 analyst reports since August 4, 2015 according to SRatingsIntel. Loop Capital set a $42.00 price objective on L Brands and gave the company a "hold" rating in a report on Tuesday, March 20th. On Monday, October 30 the company was maintained by RBC Capital Markets. The firm has "Buy" rating given on Friday, July 21 by Citigroup. Moreover, Letko Brosseau & Associate has 1.29% invested in ConocoPhillips (NYSE:COP). Victory Capital Management Inc. now owns 1,091,745 shares of the specialty retailer's stock worth $65,745,000 after acquiring an additional 996,468 shares during the period. Delta Asset Llc Tn has invested 0.01% in ConocoPhillips (NYSE:COP). Advisor Partners Limited Liability Company holds 4,096 shs. Penobscot Investment Mngmt Com holds 0.08% or 5,272 shares in its portfolio. Schroder Inv Management Gru accumulated 612,778 shares. The comparison of these above mentioned historical values gives an idea to investor whether the stock is ready to shift trend (up to down or down to up) or how the stock has recovered the losses or shed gains during its historical phase. The company now has an average rating of Hold and a consensus price target of $49.37.

Since March 29, 2018, it had 0 insider buys, and 1 insider sale for $1.47 million activity.

L Brands announced that its board has initiated a share repurchase plan on Thursday, March 8th that authorizes the company to repurchase $226.90 million in outstanding shares. Seven research analysts have rated the stock with a sell rating, eighteen have given a hold rating and eleven have assigned a buy rating to the company. Gradient Investments Limited Liability reported 0.01% of its capital in L Brands, Inc. Japan-based Norinchukin Commercial Bank The has invested 0.02% in L Brands, Inc. The company rating was upgraded by Northcoast on Wednesday, February 7. The company was maintained on Tuesday, June 20 by Oppenheimer. (NYSE:LB) on Wednesday, November 2 with "Sector Perform" rating.

Several research firms have commented on LB. (NYSE:LB) has "Neutral" rating given on Monday, November 28 by PiperJaffray. The rating was maintained by Oppenheimer with "Buy" on Thursday, July 6.

L Brands stock opened at $36.18 on Wednesday. The company has a market cap of $10,757.13, a price-to-earnings ratio of 11.11, a price-to-earnings-growth ratio of 1.04 and a beta of 0.59. The firm operates in three divisions: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. The Company's products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.

Big Money Sentiment decreased to 1.18 in 2017 Q4. Robert W. Baird set a $52.00 price target on shares of L Brands and gave the stock a "hold" rating in a research report on Friday, December 1st. American International Group Inc. increased its position in L Brands by 5,516.4% in the second quarter. Investors holded 217.14 million in 2017Q3 but now own 218.87 million shares or 0.80% more. The original version of this story can be read at https://www.thelincolnianonline.com/2018/04/14/2-60-billion-in-sales-expected-for-l-brands-inc-lb-this-quarter-2.html.

Analysts also cited optimism over the forthcoming earnings period, which begins in earnest on Friday with reports from JPMorgan Chase and other large banks. On Thursday, January 25 Barclays Capital maintained L Brands, Inc. (NYSE:LB). Blackrock has 19.75 million shares. L Brands' stock dropped by 3.1% in the first full-day of trading following the report.

TRADEMARK VIOLATION WARNING: "L Brands (NYSE:LB) Stock Rating Lowered by Zacks Investment Research" was originally reported by StockNewsTimes and is the property of of StockNewsTimes.

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