Brokerages expect that Vera Bradley, Inc. (NASDAQ:VRA) will announce earnings of $0.14 per share for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Vera Bradley’s earnings. Vera Bradley posted earnings of $0.20 per share during the same quarter last year, which would indicate a negative year over year growth rate of 30%. The company is scheduled to issue its next quarterly earnings report before the market opens on Wednesday, December 6th.

On average, analysts expect that Vera Bradley will report full year earnings of $0.47 per share for the current year, with EPS estimates ranging from $0.46 to $0.48. For the next year, analysts expect that the business will post earnings of $0.52 per share, with EPS estimates ranging from $0.45 to $0.60. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Vera Bradley.

VRA has been the topic of a number of analyst reports. BidaskClub cut Vera Bradley from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Zacks Investment Research raised Vera Bradley from a “hold” rating to a “buy” rating and set a $8.00 price target on the stock in a report on Wednesday, November 1st. Jefferies Group reissued a “hold” rating and issued a $11.00 price target on shares of Vera Bradley in a report on Thursday, October 12th. FBR & Co set a $12.00 price target on Vera Bradley and gave the stock a “buy” rating in a report on Monday, August 28th. Finally, KeyCorp reissued a “hold” rating on shares of Vera Bradley in a report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. Vera Bradley currently has a consensus rating of “Hold” and a consensus price target of $10.33.

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

A number of large investors have recently added to or reduced their stakes in the business. Barrow Hanley Mewhinney & Strauss LLC increased its stake in Vera Bradley by 16.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 330,412 shares of the textile maker’s stock worth $2,911,000 after acquiring an additional 47,409 shares during the last quarter. California Public Employees Retirement System increased its stake in Vera Bradley by 27.2% in the 3rd quarter. California Public Employees Retirement System now owns 129,449 shares of the textile maker’s stock worth $1,140,000 after acquiring an additional 27,649 shares during the last quarter. Point72 Asset Management L.P. increased its stake in Vera Bradley by 62.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 2,959,900 shares of the textile maker’s stock worth $26,077,000 after acquiring an additional 1,133,407 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Vera Bradley by 13.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,530,562 shares of the textile maker’s stock worth $22,294,000 after acquiring an additional 303,858 shares during the last quarter. Finally, Hartford Investment Management Co. bought a new stake in Vera Bradley in the 3rd quarter worth approximately $141,000. 61.87% of the stock is currently owned by institutional investors and hedge funds.

Vera Bradley (NASDAQ VRA) traded up $0.03 during mid-day trading on Tuesday, hitting $8.64. The stock had a trading volume of 507,414 shares, compared to its average volume of 350,458. Vera Bradley has a 12-month low of $6.99 and a 12-month high of $14.89. The stock has a market cap of $307.31, a PE ratio of 16.35, a P/E/G ratio of 1.82 and a beta of 1.10.

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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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