News coverage about Vera Bradley (NASDAQ:VRA) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Vera Bradley earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the textile maker an impact score of 44.840832194433 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several research firms recently commented on VRA. BidaskClub cut shares of Vera Bradley from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. FBR & Co set a $12.00 target price on shares of Vera Bradley and gave the company a “buy” rating in a research note on Monday, August 28th. KeyCorp reiterated a “hold” rating on shares of Vera Bradley in a research note on Friday, August 25th. Jefferies Group LLC reiterated a “hold” rating and issued a $11.00 target price on shares of Vera Bradley in a research note on Thursday, October 12th. Finally, Zacks Investment Research upgraded shares of Vera Bradley from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $10.33.
Shares of Vera Bradley (NASDAQ VRA) traded up $0.10 during trading on Monday, hitting $7.18. 115,225 shares of the stock were exchanged, compared to its average volume of 270,577. The firm has a market capitalization of $255.97, a PE ratio of 13.61, a price-to-earnings-growth ratio of 1.51 and a beta of 1.01. Vera Bradley has a twelve month low of $6.99 and a twelve month high of $15.86.
Vera Bradley (NASDAQ:VRA) last issued its quarterly earnings results on Wednesday, August 30th. The textile maker reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.03. Vera Bradley had a return on equity of 6.64% and a net margin of 2.21%. The firm had revenue of $112.42 million for the quarter, compared to analyst estimates of $111.72 million. During the same period in the previous year, the firm earned $0.17 earnings per share. The company’s revenue was down 5.7% compared to the same quarter last year. equities research analysts anticipate that Vera Bradley will post 0.47 EPS for the current fiscal year.
In other Vera Bradley news, EVP Kimberly F. Colby sold 170,000 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $8.47, for a total value of $1,439,900.00. Following the completion of the transaction, the executive vice president now owns 21,655 shares in the company, valued at approximately $183,417.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Michael C. Ray sold 237,500 shares of the company’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $8.23, for a total value of $1,954,625.00. Following the completion of the transaction, the insider now owns 120,712 shares of the company’s stock, valued at approximately $993,459.76. The disclosure for this sale can be found here. 39.60% of the stock is currently owned by insiders.
Vera Bradley Company Profile
Vera Bradley, Inc (Vera Bradley) is a designer of women’s handbags, accessories, luggage and travel items, eyewear, and stationery and gifts. The Company’s segments include Direct and Indirect. The Company offers various products, including bags, travel, home and accessories. Its accessories include fashion accessories, such as wallets, eyeglass cases, jewelry, and scarves and various technology accessories.
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