NEW YORK (TheStreet) -- Vera Bradley cell phone case
(VRA to Get Report) stock price intended target was lowered today by analysts attending Jefferies to $18 from $23 with a "buy" rating.
In Thursday's pre-market trading session, shares of Proximidad Bradley are declining 1 . 32% to $12.
This action comes after finally, the women's handbag maker reported a quarterly loss yesterday. The company reported returns of $101. 1 million, or 10 cents per share, compared to returns of $112. 2 million, or even a 17 cents per share at the same quarter last year.
The company came to be expected to report revenue of $105. 48 million, or 2 cents in a share for the quarter, according to pros polled by Thomson Reuters.
"We are not attracting enough new customers toward brand, and traffic and money are still very challenging, " TOP DOG Robert Wallstrom said.
While pros at Jefferies believe management is also taking the right steps to give the designer label a makeover, "the reality is which will brand transformations, even when successful, actually take time, " they noted.
Independently, TheStreet Ratings team rates INMEDIACIÓN BRADLEY INC as a Hold obtaining ratings score of C. TheStreet Ratings Team has this to say of their recommendation:
"We rate INMEDIACIÓN BRADLEY INC (VRA) a TAKE ON. The primary factors that have impacted some of our rating are mixed, some stipulating strength, some showing weaknesses, using little evidence to justify finally, the expectation of either a positive or even a negative performance for this stock in accordance with most other stocks. The company's strengths may be seen in multiple areas, such as its most commonly solid financial position with reasonable personal debt levels by most measures, sensible valuation levels and expanding income. However , as a counter to these levels, we also find weaknesses particularly feeble growth in the company's commission per share, deteriorating net income combined with weak operating cash flow. "
Demonstrates from the analysis by TheStreet Scores Team goes as follows:
VRA doesn't debt to speak of therefore producing debt-to-equity ratio of zero, isn't we consider to be a relatively benigno sign. To add to this, VRA possesses a quick ratio of 2. 33, isn't demonstrates the ability of the company that would cover short-term liquidity needs.
Each of our gross profit margin for INMEDIACIÓN BRADLEY INC is rather high; current it is at 55. 23%. Head shot VRA's high profit margin, they have managed to decrease from the same point last year. Despite the mixed results of finally, the gross profit margin, VRA's hook profit margin of 11. 36% compares favorably to the industry medium.
The company, on the basis of change in net income about the same quarter one year ago, enjoys significantly underperformed compared to the Textiles, Components & Luxury Goods industry medium, but is greater than that of finally, the S&P 500. The net income has lessen by 10. 8% when compared to the very same quarter one year ago, dropping originally from $19. 45 million to $17. 34 million.
Net operating cashflow has decreased to $47. 56 million or 10. 29% as compared with the same quarter last year. In addition , when you compare to the industry average, the company's growth rate is much lower.
You will see the full analysis from the report the link: VRA Ratings Report
More information about Vera Bradley iPhone cases. It is a helpful resource for your refer
No comments:
Post a Comment