Vera Bradley Inc (NASDAQ: VRA) has reported earnings for its third fiscal quarter (ending October 31) of $0.17 versus $0.17 for the same period a year ago — flat performance. For the latest four quarters through October 31, E.P.S. were $-0.60 compared to $-0.85 a year ago.
Recent Price Action
Vera Bradley Inc (NASDAQ: VRA) stock closed at $7.36 on 12/6/23 after a very large increase of 6.4%. Moreover, exceptionally high trading volume at 321% of normal accompanied the advance. The stock has declined -2.1% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
VRA is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Vera Bradley has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Vera Bradley has a neutral Appreciation Score of 50 but a very high Power Rating of 91, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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