Vera Bradley (NASDAQ:VRA) updated its FY19 earnings guidance on Wednesday. The company provided EPS guidance of $0.35-0.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.47. The company issued revenue guidance of 405-425 million, compared to the consensus revenue estimate of $415.42 million.
A number of equities analysts have recently commented on VRA shares. Robert W. Baird set a $11.00 target price on shares of Vera Bradley and gave the stock a hold rating in a research report on Thursday, December 7th. BidaskClub lowered shares of Vera Bradley from a sell rating to a strong sell rating in a research report on Friday, January 26th. Cowen reaffirmed a hold rating and set a $12.00 target price on shares of Vera Bradley in a research report on Thursday, December 7th. Finally, Zacks Investment Research lowered shares of Vera Bradley from a hold rating to a sell rating in a research report on Wednesday, February 21st. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $11.00.
Vera Bradley (VRA) opened at $10.35 on Wednesday. The company has a market cap of $358.73, a P/E ratio of 18.38, a PEG ratio of 2.35 and a beta of 0.69. Vera Bradley has a 1 year low of $6.99 and a 1 year high of $12.83.
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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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