|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||36.71 - 37.33|
|52 Week Range||35.00 - 75.94|
|PE Ratio (TTM)||10.82|
|Dividend & Yield||2.40 (6.12%)|
|1y Target Est||N/A|
When it comes to competing in the wider bra market, the firm says LB is not holding up its end.
Short interest is moderate for LB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 14.
LB stock is down more than 40% so far in 2017, a poor performance even by the standards of the struggling brick-and-mortar retail industry. Anaylst Oliver Chen — a long-time bull on LB stock — cited falling bra prices as a major headwind going forward. The argument from Cowen on bra pricing is supported by recent L Brands results — and by looking at the industry as a whole.