Sidoti Csr Has Negative Outlook of Vera Bradley Q3 Earnings

Vera Bradley, Inc. (NASDAQ:VRA - Free Report) - Analysts at Sidoti Csr decreased their Q3 2027 EPS estimates for Vera Bradley in a research note issued to investors on Friday, March 14th. Sidoti Csr analyst D. Harriman now anticipates that the textile maker will earn $0.14 per share for the quarter, down from their previous forecast of $0.19. The consensus estimate for Vera Bradley's current full-year earnings is ($0.25) per share. Sidoti Csr also issued estimates for Vera Bradley's Q4 2027 earnings at $0.11 EPS.

Vera Bradley Stock Performance

Shares of VRA stock traded down $0.08 on Monday, hitting $2.46. The stock had a trading volume of 137,014 shares, compared to its average volume of 338,980. The stock's 50 day moving average is $3.34 and its 200-day moving average is $4.40. The firm has a market capitalization of $68.07 million, a price-to-earnings ratio of -4.18 and a beta of 1.99. Vera Bradley has a 52-week low of $2.15 and a 52-week high of $8.33.

Hedge Funds Weigh In On Vera Bradley

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in Vera Bradley in the fourth quarter valued at about $2,792,000. Peapod Lane Capital LLC acquired a new stake in shares of Vera Bradley during the fourth quarter worth approximately $1,823,000. Royce & Associates LP raised its holdings in Vera Bradley by 18.9% in the fourth quarter. Royce & Associates LP now owns 1,893,687 shares of the textile maker's stock valued at $7,442,000 after acquiring an additional 301,522 shares in the last quarter. Barclays PLC raised its stake in shares of Vera Bradley by 23.4% in the 3rd quarter. Barclays PLC now owns 59,900 shares of the textile maker's stock valued at $327,000 after purchasing an additional 11,366 shares in the last quarter. Finally, Potrero Capital Research LLC bought a new position in Vera Bradley during the 3rd quarter worth approximately $2,621,000. 59.88% of the stock is owned by hedge funds and other institutional investors.

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About Vera Bradley

Vera Bradley, Inc, together with its subsidiaries, designs, manufactures, and sells women's handbags, luggage and travel items, fashion and home accessories, and gifts. It operates through three segments: Vera Bradley Direct, Vera Bradley Indirect, and Pura Vida. The company offers bag products, such as totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including ID holders, lanyards, wallets, wristlets, eyewear, scarves, hair accessories, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consist of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags.