Alert: Negative Investment/Fundamental Signals (6/17/24)-Vera Bradley Inc (NASDAQ: VRA)


Extremely significant negative changes in Vera Bradley Inc (NASDAQ: VRA) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and its longer term price trend turned down.

Recent slight negative changes in fundamentals have affected Vera Bradley Inc (NASDAQ: VRA): the stock’s power rating fell below 50.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

VRA’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.

Vera Bradley has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Vera Bradley has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 42, with the Neutral Value Trend Rating the result.

Recent Price Action

On 6/17/24, Vera Bradley Inc (NASDAQ: VRA) stock declined by -2.6%, closing at $6.00. Moreover, this decline was accompanied by exceptionally high trading volume at 333% of normal. Relative to the market the stock has been weak over the last nine months and has declined -23.2% during the last week.

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