Vera Bradley (NASDAQ:VRA) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.30-0.33 for the period, compared to the Thomson Reuters consensus estimate of $0.30. The company issued revenue guidance of $127-132 million, compared to the consensus revenue estimate of $138.75 million.

A number of brokerages have recently commented on VRA. B. Riley reissued a buy rating on shares of Vera Bradley in a research note on Wednesday, November 1st. Cowen restated a hold rating and set a $12.00 price objective on shares of Vera Bradley in a research report on Thursday. BidaskClub upgraded Vera Bradley from a sell rating to a hold rating in a research report on Friday, September 1st. FBR & Co set a $12.00 price objective on Vera Bradley and gave the stock a buy rating in a research report on Monday, August 28th. Finally, KeyCorp restated a hold rating on shares of Vera Bradley in a research report on Friday, August 25th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $10.83.

Shares of Vera Bradley (NASDAQ VRA) opened at $11.03 on Thursday. The firm has a market capitalization of $312.37, a P/E ratio of 16.61, a price-to-earnings-growth ratio of 1.85 and a beta of 1.10. Vera Bradley has a 1-year low of $6.99 and a 1-year high of $14.08.

Vera Bradley (NASDAQ:VRA) last announced its earnings results on Wednesday, December 6th. The textile maker reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.09. The company had revenue of $114.10 million for the quarter, compared to analysts’ expectations of $114.55 million. Vera Bradley had a return on equity of 6.64% and a net margin of 2.21%. Vera Bradley’s quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 earnings per share. equities analysts expect that Vera Bradley will post 0.47 EPS for the current fiscal year.

In related news, EVP Kimberly F. Colby sold 170,000 shares of Vera Bradley stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $8.47, for a total transaction of $1,439,900.00. Following the transaction, the executive vice president now owns 21,655 shares of the company’s stock, valued at $183,417.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 39.60% of the stock is owned by insiders.

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About Vera Bradley

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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