StockNews.com cut shares of Vera Bradley (NASDAQ:VRA – Free Report) from a strong-buy rating to a buy rating in a report issued on Sunday morning.
Vera Bradley Stock Up 2.9 %
Shares of VRA stock opened at $6.81 on Friday. The stock has a market cap of $209.68 million, a P/E ratio of 27.24 and a beta of 1.89. Vera Bradley has a 52 week low of $4.60 and a 52 week high of $8.35. The company’s fifty day simple moving average is $6.90 and its two-hundred day simple moving average is $7.24.
Vera Bradley (NASDAQ:VRA – Get Free Report) last announced its quarterly earnings results on Wednesday, March 13th. The textile maker reported $0.11 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.04). The company had revenue of $133.27 million during the quarter, compared to analysts’ expectations of $136.06 million. Vera Bradley had a return on equity of 6.69% and a net margin of 1.66%. On average, analysts anticipate that Vera Bradley will post 0.63 EPS for the current fiscal year.
Hedge Funds Weigh In On Vera Bradley
About Vera Bradley
Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consisting of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.
Recommended Stories
- Five stocks we like better than Vera Bradley
- How to Invest in Insurance Companies: A Guide
- High-Yield Texas Instruments Could Hit New Highs Soon
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- The 3 Best Blue-Chip Stocks to Buy Now
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for Vera Bradley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vera Bradley and related companies with MarketBeat.com's FREE daily email newsletter.