Vera Bradley (VRA) Earning Somewhat Positive Media Coverage, Study Shows

Headlines about Vera Bradley (NASDAQ:VRA) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vera Bradley earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news articles about the textile maker an impact score of 45.0838988207145 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

Vera Bradley (NASDAQ VRA) traded up $0.72 during trading hours on Friday, reaching $8.29. The company had a trading volume of 1,140,000 shares, compared to its average volume of 288,753. The firm has a market capitalization of $299.72, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 1.77 and a beta of 1.01. Vera Bradley has a 52-week low of $6.99 and a 52-week high of $15.86.

Vera Bradley (NASDAQ:VRA) last posted its quarterly earnings results on Wednesday, August 30th. The textile maker reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. The firm had revenue of $112.42 million for the quarter, compared to analyst estimates of $111.72 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 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.17 earnings per share. sell-side analysts predict that Vera Bradley will post 0.47 EPS for the current year.

VRA has been the topic of a number of recent analyst reports. B. Riley reaffirmed a “buy” rating on shares of Vera Bradley in a research report on Wednesday, November 1st. Zacks Investment Research raised Vera Bradley from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a research report on Wednesday, November 1st. FBR & Co set a $12.00 target price on Vera Bradley and gave the stock a “buy” rating in a research report on Monday, August 28th. BidaskClub raised Vera Bradley from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Finally, KeyCorp reaffirmed a “hold” rating on shares of Vera Bradley in a research report on Friday, August 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Vera Bradley presently has a consensus rating of “Hold” and a consensus target price of $10.33.

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In other Vera Bradley news, EVP Kimberly F. Colby sold 170,000 shares of the business’s stock in a transaction dated 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 owns 21,655 shares in the company, valued at $183,417.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Michael C. Ray sold 237,500 shares of the business’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $8.23, for a total value of $1,954,625.00. Following the completion of the transaction, the insider now owns 120,712 shares in the company, valued at approximately $993,459.76. The disclosure for this sale can be found here. 39.60% of the stock is currently owned by insiders.

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.

Insider Buying and Selling by Quarter for Vera Bradley (NASDAQ:VRA)

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