(NYSE:LB) Shows Long Term Growth Rate of 0.1125

L Brands

L Brands, Inc. (NYSE:LB) - Equities research analysts at Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for shares of L Brands in a research note issued on Thursday. They now have a $47.00 target price on the stock, down from their prior target price of $60.00. According to this price target, it now means the analyst believes there is a potential increase of 6.08% from the company's current share price of 49.02.

Other equities analysts have also recently issued research reports about the company. Finally, FBR & Co set a $75.00 target price on shares of L Brands and gave the company a "hold" rating in a research report on Wednesday, November 2nd. Finally, Credit Suisse Group AG boosted their price objective on shares of Dunkin' Brands Group from $51.00 to $52.00 and gave the company an "outperform" rating in a report on Tuesday, September 20th.

Today there are 285,955,000 shares in issue of L Brands Inc which are now trading at 49.02 which brings the business's market capitalisation to 14.02B Dollars.

Boasting a price of $48.94, L Brands (NYSE:LB) traded 4.19% higher on the day.

Shares of L Brands (NYSE:LB) traded up 4.19% during trading on Friday, hitting $50.99.

With a total market value of $0, L Brands has price-earnings ratio of 12.81 with a one year low of $47.93 and a one year high of $88.77. The company's 50-day moving average price is $52.06 and its 200 day moving average price is $48.62.

Dunkin' Brands Group (NASDAQ:DNKN) last released its quarterly earnings data on Thursday, October 20th. (NYSE:LB) reported its EPS in the last quarter as $2.03/Share beating the analyst estimate of $1.9/Share by the difference of $0.13.

However, revenue was slightly underwhelming as L Brands raked in $4.49 billion over the course of its holiday period.

L Brands reported that Q4 operating income decreased 8% to $987.6 million over the year-ago period, and net income was $631.7 million, down from $636 million last year. L Brands's quarterly revenue was up 2.1% compared to the same quarter past year. During the same quarter in the previous year, the company earned $2.15 EPS. For the year, earnings will be between $3.05 and $3.35 per share, which is weaker than the analyst projection of $3.75.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 30th. Investors of record on Friday, February 17th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Wednesday, February 15th. This represents a $2.40 dividend on an annualized basis and a yield of 4.71%. L Brands's dividend payout ratio is presently 60.61%. If you are accessing this article on another publication, it was stolen and republished in violation of United States and worldwide copyright & trademark legislation. The original version of this news story can be viewed at https://baseballnewssource.com/markets/l-brands-lb-neutral-rating-reaffirmed-at-wedbush/463288.html.

Several hedge funds have recently modified their holdings of the stock. Mizuho cut shares of L Brands from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $85.00 to $70.00 in a report on Tuesday, November 1st. Winslow Evans & Crocker Inc. now owns 2,714 shares of the company's stock valued at $118,000 after buying an additional 250 shares in the last quarter. Three Peaks Capital Management LLC raised its stake in shares of L Brands by 3.3% in the third quarter. Baird Financial Group Inc. raised its stake in shares of L Brands by 1.1% in the fourth quarter. BlackRock Japan Co. Ltd raised its stake in shares of L Brands by 1.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,056 shares of the company's stock valued at $159,000 after buying an additional 350 shares in the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of L Brands by 1.5% in the third quarter. The Company now has Insider ownership of 15.45 Percent and Institutional Ownership of 77.2 Percent.

L Brands, Inc. has 1 year price target of $67.56. The Company is focused on women's intimate and other apparel, personal care and beauty categories. The Company operates its business through four segments, which include Dunkin' Donuts-U.S., Dunkin' Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.

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