Analysts expect that Vera Bradley, Inc. (NASDAQ:VRA) will post $0.32 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Vera Bradley’s earnings, with the lowest EPS estimate coming in at $0.31 and the highest estimate coming in at $0.33. Vera Bradley posted earnings of $0.28 per share during the same quarter last year, which would indicate a positive year over year growth rate of 14.3%. The company is scheduled to announce its next quarterly earnings results on Wednesday, March 14th.

According to Zacks, analysts expect that Vera Bradley will report full year earnings of $0.58 per share for the current year, with EPS estimates ranging from $0.56 to $0.60. For the next year, analysts anticipate that the company will post earnings of $0.50 per share, with EPS estimates ranging from $0.37 to $0.59. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Vera Bradley.

Vera Bradley (NASDAQ:VRA) last announced its quarterly earnings data on Wednesday, December 6th. The textile maker reported $0.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.09. The business had revenue of $114.10 million for the quarter, compared to analyst estimates of $114.55 million. Vera Bradley had a net margin of 0.43% and a return on equity of 7.06%. The company’s revenue was down 9.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 EPS.

VRA has been the subject of a number of research analyst reports. Robert W. Baird set a $12.00 target price on shares of Vera Bradley and gave the stock a “hold” rating in a research report on Monday, December 25th. BidaskClub downgraded shares of Vera Bradley from a “sell” rating to a “strong sell” rating in a research report on Friday, October 27th. Zacks Investment Research raised shares of Vera Bradley from a “hold” rating to a “buy” rating and set a $8.00 target price for the company in a research report on Wednesday, November 1st. Jefferies Group reissued a “hold” rating and set a $11.00 target price on shares of Vera Bradley in a research report on Thursday, October 12th. Finally, Cowen reissued a “hold” rating and set a $12.00 target price on shares of Vera Bradley in a research report on Thursday, December 7th. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. Vera Bradley currently has an average rating of “Hold” and an average price target of $11.00.

Shares of Vera Bradley (NASDAQ VRA) opened at $9.78 on Friday. The stock has a market cap of $365.47, a P/E ratio of 195.60, a P/E/G ratio of 1.78 and a beta of 1.08. Vera Bradley has a 1 year low of $6.99 and a 1 year high of $12.83.

In other Vera Bradley news, major shareholder Thomas Farrell Byrne II sold 12,292 shares of the stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $12.33, for a total value of $151,560.36. Following the completion of the sale, the insider now owns 32,605 shares of the company’s stock, valued at $402,019.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 39.60% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the business. Teachers Advisors LLC grew its position in Vera Bradley by 0.4% in the second quarter. Teachers Advisors LLC now owns 36,670 shares of the textile maker’s stock valued at $359,000 after acquiring an additional 161 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in Vera Bradley by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 79,630 shares of the textile maker’s stock valued at $779,000 after acquiring an additional 418 shares in the last quarter. Principal Financial Group Inc. grew its position in Vera Bradley by 0.4% in the second quarter. Principal Financial Group Inc. now owns 143,648 shares of the textile maker’s stock valued at $1,405,000 after acquiring an additional 528 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Vera Bradley by 2.5% during the 2nd quarter. Rhumbline Advisers now owns 40,155 shares of the textile maker’s stock valued at $393,000 after buying an additional 990 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Vera Bradley by 11.6% during the 2nd quarter. Wells Fargo & Company MN now owns 14,964 shares of the textile maker’s stock valued at $147,000 after buying an additional 1,556 shares during the last quarter. 62.99% of the stock is owned by institutional investors.

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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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Earnings History and Estimates for Vera Bradley (NASDAQ:VRA)

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