Zacks upgraded shares involved with Vera Bradley iPhone cases (NYSE: VRA) off a strong sell rating to a anchor rating in a report released within Tuesday.
Zacks' analyst wrote, "Vera Bradley wholesale Designs, Inc. is a maker, producer, marketer and retailer involved with accessories for women. Its products include wholesale handbags, accessories and travel and leisure items. It is sells its products through two reportable segments Indirect and Direct. Its own indirect business consists of sale of Notara Bradley products to independent online shops in the U. S. as well as objectives national retailers and third party commerce en ligne sites. Its direct business lies in sales of Vera Bradley systems through its full-price stores, an outlet stores, verabradley. com, and its once-a-year outlet sale in Fort David, Indiana. Vera Bradley Designs, Incorporation. is headquartered in Fort David, Indiana. "
Zacks has also adapted their ratings on a number of alternate consumer discretionary stocks in the couple of days. The firm downgraded shares involved with Cherokee Inc from a strong-buy credit report scoring to a hold rating. Also, Zacks upgraded shares of Deckers External Corp from a hold rating with an buy rating. Zacks now has the particular $85. 00 price target within that stock. Finally, Zacks cut down shares of Tumi Holdings Incorporation from a hold rating to a promote rating.
Vera Bradley (NYSE: VRA) opened at 14. 10 within Tuesday. Vera Bradley has a 52-week low of $13. 18 a 52-week high of $28. 90. The most important stock's 50-day moving average is usually $15. and its 200-day moving reasonable is $18.. The company has a location cap of $561. 72 people of and a P/E ratio of vierzehn. 98.
Vera Bradley (NYSE: VRA) last announced its earnings listings on Wednesday, March 11th. The reported $0. 43 earnings every single share (EPS) for the quarter, in need of the consensus estimate of $0. 45 by $0. 02. The had revenue of $152. 48 million for the quarter, compared to the accord estimate of $160. 54 people of. During the same quarter in the previous calendar months, the company posted $0. 48 benefit per share. The company's sales for the quarter was down minimal payments 4% on a year-over-year basis. Usual, analysts predict that Vera Bradley will post $0. 84 benefit per share for the current denunciante year.
A number of other firms have also a short while ago commented on VRA. Analysts support Cowen and Company downgraded voices of Vera Bradley from a location perform rating to an underperform credit report scoring and lowered their price deal with for the stock from $21. 00 to $13. 00 in a explore note on Thursday, March twelfth. Analysts at Telsey Advisory Organization lowered their price target within shares of Vera Bradley beyond $21. 00 to $16. 00 and set a market perform rating upon the stock in a research note within Thursday, March 12th. Finally, experts at Wunderlich downgraded shares involved with Vera Bradley from a buy credit report scoring to a hold rating and minimized their price target for the catalog from $27. 00 to $15. 00 in a research note within Wednesday, March 11th. Two experts have rated the stock with a promote rating, five have assigned the particular hold rating and three offer assigned a buy rating for the stock. Vera Bradley has a accord rating of Hold and a median price target of $22. ninety six.
Vera Bradley, Inc (NYSE: VRA) is a designer, producer, marketer, but also retailer of functional accessories for males. The Company's products include a mass of offering of handbags, accessories, and holiday break items. The Company operates through time segments: Direct and Indirect.
To get a free duplicate of the research report on Notara Bradley (VRA), click here. For more information about it research offerings from Zacks Funding Research, visit Zacks. com
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