Vera Bradley
Market Cap
US$107.3m
Last Updated
2020/04/04 01:14 UTC
Data Sources
Company Financials +
Executive Summary
Vera Bradley, Inc., together with its subsidiaries, designs, manufactures, and sells women’s handbags, luggage and travel items, fashion and home accessories, and gifts.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with flawless balance sheet.
Similar Companies
Share Price & News
How has Vera Bradley's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VRA's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-25.3%
VRA
-7.0%
US Luxury
-2.0%
US Market
1 Year Return
-75.3%
VRA
-26.9%
US Luxury
-15.1%
US Market
Return vs Industry: VRA underperformed the US Luxury industry which returned -26.9% over the past year.
Return vs Market: VRA underperformed the US Market which returned -15.1% over the past year.
Shareholder returns
| VRA | Industry | Market | |
|---|---|---|---|
| 7 Day | -25.3% | -7.0% | -2.0% |
| 30 Day | -59.6% | -23.9% | -19.7% |
| 90 Day | -71.9% | -34.3% | -23.2% |
| 1 Year | -75.3%-75.3% | -25.5%-26.9% | -13.4%-15.1% |
| 3 Year | -62.8%-62.8% | 17.5%12.0% | 10.9%3.7% |
| 5 Year | -79.8%-79.8% | 1.0%-6.0% | 28.4%14.4% |
Price Volatility Vs. Market
How volatile is Vera Bradley's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
A Sliding Share Price Has Us Looking At Vera Bradley, Inc.'s (NASDAQ:VRA) P/E Ratio3 weeks ago | Simply Wall St
Earnings Miss: Vera Bradley, Inc. Missed EPS By 42% And Analysts Are Revising Their Forecasts3 weeks ago | Simply Wall St
Did Changing Sentiment Drive Vera Bradley's (NASDAQ:VRA) Share Price Down A Worrying 53%?Valuation
Is Vera Bradley undervalued compared to its fair value and its price relative to the market?
22.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VRA ($3.24) is trading below our estimate of fair value ($4.15)
Significantly Below Fair Value: VRA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VRA is good value based on its PE Ratio (6.9x) compared to the Luxury industry average (9.4x).
PE vs Market: VRA is good value based on its PE Ratio (6.9x) compared to the US market (12.4x).
Price to Earnings Growth Ratio
PEG Ratio: VRA is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: VRA is good value based on its PB Ratio (0.4x) compared to the US Luxury industry average (0.6x).
Next Steps
Future Growth
How is Vera Bradley forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
36.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRA's forecast earnings growth (36.8% per year) is above the savings rate (1.7%).
Earnings vs Market: VRA's earnings (36.8% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VRA's revenue (7.5% per year) is forecast to grow faster than the US market (7.1% per year).
High Growth Revenue: VRA's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VRA's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Vera Bradley performed over the past 5 years?
-20.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRA has a large one-off loss of $12.6M impacting its February 1 2020 financial results.
Growing Profit Margin: VRA's current net profit margins (3.2%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: VRA's earnings have declined by -20.9% per year over the past 5 years.
Accelerating Growth: VRA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VRA had negative earnings growth (-22.7%) over the past year, making it difficult to compare to the Luxury industry average (3.2%).
Return on Equity
High ROE: VRA's Return on Equity (4.6%) is considered low.
Next Steps
Financial Health
How is Vera Bradley's financial position?
Financial Position Analysis
Short Term Liabilities: VRA's short term assets ($218.8M) exceed its short term liabilities ($87.4M).
Long Term Liabilities: VRA's short term assets ($218.8M) exceed its long term liabilities ($113.8M).
Debt to Equity History and Analysis
Debt Level: VRA is debt free.
Reducing Debt: VRA had no debt 5 years ago.
Debt Coverage: VRA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: VRA has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: VRA has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if VRA's debt is covered by short term assets.
Next Steps
Dividend
What is Vera Bradley's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VRA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VRA's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VRA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VRA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VRA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Robert Wallstrom (53yo)
6.42s
Tenure
US$2,624,825
Compensation
Mr. Robert T. Wallstrom has been the Chief Executive Officer and President of Vera Bradley, Inc. since November 11, 2013. Mr. Wallstrom served as the President of Saks Fifth Avenue Off 5Th at Saks Inc. fro ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD2.62M) is above average for companies of similar size in the US market ($USD618.59K).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.42yrs | US$2.62m | 0.80% $862.2k | |
| Co-Founder | 38.25yrs | US$134.50k | 16.05% $17.2m | |
| Executive VP & CFO | 3.08yrs | US$922.82k | 0.18% $192.2k | |
| Chief Creative Officer | 2.58yrs | US$922.82k | 0.15% $162.4k | |
| Chief Merchandising Officer | 2.25yrs | US$777.33k | 0.0057% $6.1k | |
| Chief Customer Officer | 1.75yrs | US$1.29m | 0.028% $29.5k | |
| Senior Vice President of Operations | 6.17yrs | no data | no data | |
| Chief Administrative & Legal Officer and Corporate Secretary | 2.58yrs | US$597.02k | 0.028% $29.6k | |
| Vice President of Investor Relations & Communications | 6.25yrs | no data | no data | |
| Chief Marketing Officer | 2.67yrs | no data | 0.080% $85.9k |
2.9yrs
Average Tenure
46yo
Average Age
Experienced Management: VRA's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.42yrs | US$2.62m | 0.80% $862.2k | |
| Independent Director | 4.33yrs | US$142.60k | 0.064% $68.4k | |
| Lead Independent Director | 9.25yrs | US$157.00k | 0.16% $171.9k | |
| Co-Founder & Director | 38.25yrs | US$876.26k | 8.43% $9.0m | |
| Independent Director | 9.58yrs | US$148.90k | 0.072% $77.1k | |
| Chairman | 9.58yrs | US$161.50k | 1.79% $1.9m | |
| Independent Director | 8.5yrs | US$147.10k | 0.085% $90.8k | |
| Independent Director | 8.75yrs | US$143.50k | 0.22% $240.4k | |
| Director | 30.25yrs | US$134.50k | 0.27% $292.3k | |
| Independent Director | 8.92yrs | US$148.67k | 0.089% $95.4k |
9.1yrs
Average Tenure
61yo
Average Age
Experienced Board: VRA's board of directors are considered experienced (9.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VRA insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Vera Bradley, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vera Bradley, Inc.
- Ticker: VRA
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$107.313m
- Shares outstanding: 33.12m
- Website: https://www.verabradley.com
Number of Employees
Location
- Vera Bradley, Inc.
- 12420 Stonebridge Road
- Roanoke
- Indiana
- 46783
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VRA | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Oct 2010 |
| ELI | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 2010 |
| ELICHF | BRSE (Berne Stock Exchange) | Yes | Common Stock | CH | CHF | Oct 2010 |
Biography
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 wallets, wristlets, eyeglass cases, scarves, and various technology accessories; bracelets, rings, and necklaces under Pura Vida brand name; and travel products consisting of rolling luggage, cosmetics, and travel and packing accessories, as well as travel bags comprising duffel and weekend bags. It also provides home products that include throw blankets, beach towels, and comforters, as well as items, such as mugs and tumblers; and other products, including apparel/footwear, stationery, and merchandising products, as well as freight, licensing, and gift card breakage services. The company sells its Vera Bradley branded products through its full-line and factory outlet stores in the United States; and verabradley.com, an online outlet site, as well as its annual outlet sale in Fort Wayne, Indiana. As of February 1, 2020, it operated 88 full-line and 63 factory outlet stores. The company sells its Pura Vida branded products through wholesale retailers, as well as through Pura Vida websites, including www.puravidabracelets.com and www.puravidabracelets.eu. It also sells its Vera Bradley branded products to approximately 2,200 specialty retail locations, department stores, national accounts, third party e-commerce sites, and third-party inventory liquidators, as well as through licensing agreements. Vera Bradley, Inc. was founded in 1982 and is headquartered in Roanoke, Indiana.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/04 01:14 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2020/02/01 |
| Annual Earnings | 2020/02/01 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.