Vera Bradley Inc [NASDAQ: VRA] gained 17.55% or 0.43 points to close at $2.88 with a heavy trading volume of 11605945 shares.
It opened the trading session at $2.8, the shares rose to $3.24 and dropped to $2.55, the range by which the price of stock traded the whole day. The daily chart for VRA points out that the company has recorded 35.85% gains over the past six months.
If we look at the average trading volume of 220.53K shares, VRA reached to a volume of 11605945 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Vera Bradley Inc [VRA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VRA shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VRA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Noble Capital Markets have made an estimate for Vera Bradley Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 16, 2022. The new note on the price target was released on March 22, 2021, representing the official price target for Vera Bradley Inc stock. Previously, the target price had yet another drop from $12 to $7, while Telsey Advisory Group kept a Market Perform rating on VRA stock. On December 17, 2019, analysts increased their price target for VRA shares from 12 to 14.
The Price to Book ratio for the last quarter was 0.57, with the Price to Cash per share for the same quarter was set at 0.54.
Trading performance analysis for VRA stock
Vera Bradley Inc [VRA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.55. With this latest performance, VRA shares gained by 30.91% in over the last four-week period, additionally plugging by 35.85% over the last 6 months – not to mention a drop of -26.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VRA stock in for the last two-week period is set at 66.48, with the RSI for the last a single of trading hit 0.26, and the three-weeks RSI is set at 0.20 for Vera Bradley Inc [VRA]. The present Moving Average for the last 50 days of trading for this stock 2.22, while it was recorded at 2.66 for the last single week of trading, and 2.29 for the last 200 days.
Vera Bradley Inc [VRA]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Vera Bradley Inc [VRA] shares currently have an operating margin of -13.37% and a Gross Margin at 48.68%. Vera Bradley Inc’s Net Margin is presently recorded at -27.29%.
Vera Bradley Inc (VRA) Capital Structure & Debt Analysis
According to recent financial data for Vera Bradley Inc. ( VRA), the Return on Equity (ROE) stands at -43.21%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -25.64%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Vera Bradley Inc’s Return on Invested Capital (ROIC) is -39.68%, showcasing its effectiveness in deploying capital for earnings.
Vera Bradley Inc (VRA) Efficiency & Liquidity Metrics
Based on Vera Bradley Inc’s (VRA) latest financial statements, the Debt-to-Equity Ratio is 0.61%, indicating its reliance on debt financing relative to shareholder equity.
Vera Bradley Inc (VRA) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Vera Bradley Inc. (VRA) effectively leverages its workforce, generating an average of -$47942.03 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.43% and a Quick Ratio of 0.75%, indicating strong ability to cover short-term liabilities.
Vera Bradley Inc [VRA]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Vera Bradley Inc posted -0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.33. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VRA.
An analysis of Institutional ownership at Vera Bradley Inc [VRA]
There are presently around $51.12%, or 74.55%% of VRA stock, in the hands of institutional investors. The top three institutional holders of VRA stocks are: FUND 1 INVESTMENTS, LLC with ownership of 2.88 million shares, which is approximately 9.8186%. BLACKROCK INC., holding 2.05 million shares of the stock with an approximate value of $$12.82 million in VRA stocks shares; and BLACKROCK INC., currently with $$9.23 million in VRA stock with ownership which is approximately 5.035%.
