Vera Bradley Inc (NASDAQ: VRA) has reported a loss for its first fiscal quarter (ending April 30) of $-0.26 versus a loss $-0.15 for the same period a year ago. This performance was $-0.26 short of the consensus estimate of $0.00. E.P.S. were $0.15 for the latest four quarters through April 30 versus $-1.84 for the same period a year ago.
Recent Price Action
On 6/12/24, Vera Bradley Inc (NASDAQ: VRA) stock suffered a major decline of -17.2%, closing at $6.42. Moreover, exceptionally high trading volume at 658% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -19.1% during the last week.
Current PriceTarget Research Rating
VRA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Vera Bradley has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Vera Bradley has a neutral Appreciation Score of 51 and a neutral Power Rating of 47, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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