Let’s look at the key reasons that are pushing Vera Bradley Inc (VRA) to new highs

On Tuesday, Vera Bradley Inc (NASDAQ: VRA) opened lower -3.68% from the last session, before settling in for the closing price of $5.17. Price fluctuations for VRA have ranged from $5.12 to $8.35 over the past 52 weeks.

During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 3.13%. Company’s average yearly earnings per share was noted -35.45% at the time writing. With a float of $21.64 million, this company’s outstanding shares have now reached $30.81 million.

Let’s determine the extent of company efficiency that accounts for 2135 employees. In terms of profitability, gross margin is 53.63%, operating margin of 1.94%, and the pretax margin is 1.51%.

Vera Bradley Inc (VRA) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of Vera Bradley Inc is 26.60%, while institutional ownership is 65.72%. The most recent insider transaction that took place on Dec 08 ’23, was worth 251,739. In this transaction Director of this company sold 33,500 shares at a rate of $7.51, taking the stock ownership to the 49,135 shares.

Vera Bradley Inc (VRA) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 4/30/2024, the company posted 0.33 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.12) by 0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -35.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.30% during the next five years compared to -15.62% drop over the previous five years of trading.

Vera Bradley Inc (NASDAQ: VRA) Trading Performance Indicators

Check out the current performance indicators for Vera Bradley Inc (VRA). In the past quarter, the stock posted a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 3.83.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.64 in one year’s time.

Technical Analysis of Vera Bradley Inc (VRA)

Looking closely at Vera Bradley Inc (NASDAQ: VRA), its last 5-days average volume was 0.85 million, which is a jump from its year-to-date volume of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 7.28%. Additionally, its Average True Range was 0.26.

During the past 100 days, Vera Bradley Inc’s (VRA) raw stochastic average was set at 2.62%, which indicates a significant decrease from 6.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.59% in the past 14 days, which was lower than the 49.19% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.10, while its 200-day Moving Average is $6.92. However, in the short run, Vera Bradley Inc’s stock first resistance to watch stands at $5.15. Second resistance stands at $5.31. The third major resistance level sits at $5.44. If the price goes on to break the first support level at $4.85, it is likely to go to the next support level at $4.72. Now, if the price goes above the second support level, the third support stands at $4.56.

Vera Bradley Inc (NASDAQ: VRA) Key Stats

There are currently 29,488K shares outstanding in the company with a market cap of 146.86 million. Presently, the company’s annual sales total 470,790 K according to its annual income of 7,840 K. Last quarter, the company’s sales amounted to 80,600 K and its income totaled -8,120 K.