Investment analysts at Jefferies Enterprise set a $18. 00 get those price on shares of Sentira Bradley (NYSE: VRA) stock from a note issued to investors onto Thursday. The firm currently attributes a a "buy" rating on the financial. Jefferies Group's price objective should probably indicate a potential upside of second 55. 31% from the stock's previous exit.
The analysts wrote, "While element of this weakness stemmed from the got in store for us pull-back in promos, we believe there are larger, brand-related issues at game. Big picture, the brand is struggling to draw new customers, leading to weak traffic fashion styles across its store base, " Konik said. With regard to the Roundabout channel, the company has continued so as to expand its department store business, and also the specialty doors segment has been through continued softening of reorders. All around handbag market has also been showing symptoms of progressive weakening. "We think managing is taking the necessary course of action, retooling the product and revamping the store past experiences, while slowing go-forward new phone growth. However , at the end of the day, it all starts back to the brand, which clearly seriously is not resonating with consumers as it enjoyed in the past. While the company looks to fix the brand with investments in marketing misuse & the addition of a new Chief Promotional Officer, the reality is that brand conversions, even when successful, typically take time, "
Shares of Vera Bradley phone cases (NYSE: VRA) traded down 0. 561% on Thursday, hitting $11. 525. The stock had a trading number of 97, 158 shares. Vera Bradley has a one year low of $11. 460 and a one year high of $24. 660. The stock's 50-day happening average is $13. 9 and 200-day moving average is $17. 7. The company has a market level of $459. 13 million using P/E ratio of 12. 248.
Vera Bradley iPhone case (NYSE: VRA) previously announced its earnings results onto Wednesday, March 11th. The company recorded $0. 43 earnings per uncover for the quarter, missing the analysts' consensus estimate of $0. 1 out of 3 by $0. 02. The company enjoyed revenue of $152. 40 k for the quarter, compared to the consensus quote of $160. 54 million. While in the same quarter last year, the company updated $0. 48 earnings per uncover. Vera Bradley's revenue was away 2 . 4% compared to the same share last year. On average, analysts predict in which Vera Bradley will post $0. 760 earnings per share for a particular current fiscal year.
VRA is the subject of a number of other contemporary research reports. Analysts at Telsey Advisory Group lowered their bargain target on shares of Sentira Bradley from $16. 00 so as to $14. 00 and set a "market perform" rating on the stock from a research note on Thursday. Industry analysts at Robert W. Baird reduced shares of Vera Bradley from your "outperform" rating to a "neutral" output and lowered their price get those for the stock from $19. 00 to $13. 00 in a evaluation note on Thursday. Analysts to be found at Wunderlich set a $15. 00 price target on shares amongst Vera Bradley and gave oe aftermarket a "hold" rating in a evaluation note on Tuesday. Finally, industry experts at Zacks upgraded shares amongst Vera Bradley from a "strong sell" rating to a "hold" rating from a research note on Tuesday, Maybe 12th. Three equities research industry experts have rated the stock with a dispose of rating, six have issued the new hold rating and three eat given a buy rating for that stock. Vera Bradley has a total rating of "Hold" and a total target price of $20. 06.
Sentira Bradley, Inc (NYSE: VRA) could be a designer, producer, marketer, and dealer of functional accessories for women. The very Company's products include a range of allowing of handbags, accessories, and travel and leisure choices. The Company operates through two sectors: Direct and Indirect.
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