Vera Bradley Stock Forecast, Price & News (NASDAQ:VRA)

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Earnings results for Vera Bradley Stock Forecast, Price & News (NASDAQ:VRA)

Vera Bradley, Inc. is expected* to report earnings on 09/02/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.11. The reported EPS for the same quarter last year was $0.25.

Vera Bradley last posted its earnings data on June 3rd, 2020. The textile maker reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.27) by $0.04. The firm had revenue of $69.30 million for the quarter, compared to analyst estimates of $80.23 million. Its revenue was down 23.8% compared to the same quarter last year. Vera Bradley has generated $0.82 earnings per share over the last year. Vera Bradley has confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.

Analyst Opinion on Vera Bradley Stock Forecast, Price & News (NASDAQ:VRA)

2 Wall Street analysts have issued ratings and price targets for Vera Bradley in the last 12 months. Their average twelve-month price target is $10.50, predicting that the stock has a possible upside of 94.09%. The high price target for VRA is $14.00 and the low price target for VRA is $7.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Vera Bradley has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $10.50, Vera Bradley has a forecasted upside of 94.1% from its current price of $5.41. Vera Bradley has received no research coverage in the past 90 days.

Dividend Strength: Vera Bradley Stock Forecast, Price & News (NASDAQ:VRA)

Vera Bradley does not currently pay a dividend. Vera Bradley does not have a long track record of dividend growth.

Insiders buying/selling: Vera Bradley Stock Forecast, Price & News (NASDAQ:VRA)

In the past three months, Vera Bradley insiders have not sold or bought any company stock. Only 27.20% of the stock of Vera Bradley is held by insiders. 58.04% of the stock of Vera Bradley is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Vera Bradley Stock Forecast, Price & News (NASDAQ:VRA

Earnings for Vera Bradley are expected to grow by 254.55% in the coming year, from $0.22 to $0.78 per share. The P/E ratio of Vera Bradley is -45.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Vera Bradley is -45.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Vera Bradley has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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