Alert: New Earnings Report (3/13/24)-Vera Bradley Inc (NASDAQ: VRA).

out_logo_500#64646.jpg

Vera Bradley Inc (NASDAQ: VRA) has reported E.P.S. of $-0.06 for its fourth fiscal quarter (ending January 31) versus $-0.91 for the same period a year ago. Relative to the consensus estimate of $0.14, this was a shortfall of $-0.20. For the latest four quarters through January 31, E.P.S. were $0.25 compared to $-1.90 a year ago.

Recent Price Action

out_mm#64646.jpg
Vera Bradley Inc (NASDAQ: VRA) stock closed at $6.16 on 3/13/24 after a major decline of -13.4%. Moreover, this decline was accompanied by exceptionally high trading volume at 426% of normal. The stock has declined -20.1% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

VRA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Vera Bradley has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Vera Bradley has a neutral Appreciation Score of 55 but a very high Power Rating of 91, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information and highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*