Vera bradley company designs, produces and retails fashion accessories for women.
In the recent months the earnings prospects for the next year is regularly revised upwards by analysts covering this company. Currently, earnings per share is estimated by the Thomson Reuters’consensus at $1.71. Besides, the security is paid 15.8x for now, a moderate level compared to its competitors.
Technically, for several weeks Vera Bradley's share has collapsed. This movement led the share towards the USD 26.4 support. Whereas moving averages are still in a downward trend, the consolidation on this level and technical indicators could encourage a renewed interest for the share. The target of this bullish configuration is placed at first important resistance of 29.42 USD.
The technical pattern is a good opportunity for active investors to buy at USD 26.4. The potential drop is limited and the timing seems ideal to benefit from technical rebound. The target price is USD 29.4. However, a stop-loss will be fixed at USD 25.9.
Vera Bradley, Inc. is a designer of women's handbags, luggage and other travel items, fashion, and home accessories. The Company operates through three segments: Vera Bradley Direct (VB Direct), Vera Bradley Indirect (VB Indirect), and Pura Vida. The VB Direct business consists of sales of Vera Bradley products through Vera Bradley full-line and factory outlet stores in the United States; e-commerce sites verabradley.com and verabradley.ca; the Vera Bradley online outlet site; and typically, the Vera Bradley annual outlet sale in Fort Wayne, Indiana. The VB Indirect business consists of sales of Vera Bradley products to, specialty retail locations, all of which are located in the United States; as well as department stores, national accounts, third-party e-commerce sites, and third-party inventory liquidators; and royalties recognized through licensing agreements related to the Vera Bradley brand. Its Pura Vida is a digitally native lifestyle brand.
VERA BRADLEY, INC. 
