Vera Bradley
Market Cap
US$374.8m
Last Updated
2020/01/21 00:41 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
Flawless balance sheet with reasonable growth potential.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.0%
VRA
1.1%
US Luxury
1.2%
US Market
1 Year Return
18.8%
VRA
22.6%
US Luxury
24.2%
US Market
Return vs Industry: VRA underperformed the US Luxury industry which returned 28% over the past year.
Return vs Market: VRA underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| VRA | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | 1.1% | 1.2% |
| 30 Day | -7.3% | 2.0% | 3.5% |
| 90 Day | 2.2% | 8.6% | 11.7% |
| 1 Year | 18.8%18.8% | 25.1%22.6% | 26.9%24.2% |
| 3 Year | -7.3%-7.3% | 75.2%67.4% | 53.0%43.2% |
| 5 Year | -42.2%-42.2% | 58.6%48.1% | 75.3%56.0% |
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
5 days ago | Simply Wall St
Does Vera Bradley's (NASDAQ:VRA) Statutory Profit Adequately Reflect Its Underlying Profit?4 weeks ago | Simply Wall St
Edward Schmults Is The Independent Director of Vera Bradley, Inc. (NASDAQ:VRA) And They Just Sold 30% Of Their Shares1 month ago | Simply Wall St
Is Vera Bradley, Inc.'s (NASDAQ:VRA) CEO Paid Enough Relative To Peers?Valuation
Is Vera Bradley undervalued compared to its fair value and its price relative to the market?
31.24x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VRA ($11.25) is trading above our estimate of fair value ($6.39)
Significantly Below Fair Value: VRA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VRA is poor value based on its PE Ratio (31.5x) compared to the Luxury industry average (18.8x).
PE vs Market: VRA is poor value based on its PE Ratio (31.5x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: VRA is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: VRA is good value based on its PB Ratio (1.3x) compared to the US Luxury industry average (1.3x).
Next Steps
Future Growth
How is Vera Bradley forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
51.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRA's forecast earnings growth (51.6% per year) is above the savings rate (1.7%).
Earnings vs Market: VRA's earnings (51.6% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VRA's revenue (13.4% per year) is forecast to grow faster than the US market (7.5% per year).
High Growth Revenue: VRA's revenue (13.4% 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?
-23.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRA has a large one-off loss of $11.7M impacting its November 2 2019 financial results.
Growing Profit Margin: VRA's current net profit margins (2.7%) are lower than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: VRA's earnings have declined by -23.6% 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 (-40.8%) over the past year, making it difficult to compare to the Luxury industry average (15%).
Return on Equity
High ROE: VRA's Return on Equity (3.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Vera Bradley's financial position?
Financial Position Analysis
Short Term Liabilities: VRA's short term assets ($211.3M) exceed its short term liabilities ($93.9M).
Long Term Liabilities: VRA's short term assets ($211.3M) exceed its long term liabilities ($115.8M).
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
Current dividend yield vs market & industry
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
What is the CEO of Vera Bradley's salary, the management and board of directors tenure and is there insider trading?
2.6yrs
Average management tenure
CEO
Robert Wallstrom (53yo)
6.2yrs
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 ($USD1.70M).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Management Age and Tenure
2.6yrs
Average Tenure
46yo
Average Age
Experienced Management: VRA's management team is considered experienced (2.6 years average tenure).
Board Age and Tenure
8.8yrs
Average Tenure
61yo
Average Age
Experienced Board: VRA's board of directors are considered experienced (8.8 years average tenure).
Insider Trading
Insider Buying: VRA insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Top Key Executive Co-Founder |
| Shares | 883,340 |
| Max Price | US$11.73 |
| Entity | Individual |
| Role | Top Key Executive Co-Founder |
| Shares | 883,340 |
| Max Price | US$11.73 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,280 |
| Max Price | US$11.15 |
| Entity | Individual |
| Role | Member of the Board of Directors Co-Founder & Director |
| Shares | 56,787 |
| Max Price | US$10.91 |
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 1,025 |
| Max Price | US$9.60 |
| Entity | Individual |
| Role | Chief Executive Officer CEO, President & Director |
| Shares | 5,434 |
| Max Price | US$9.19 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Julia Bentley (60yo)
Vice President of Investor Relations & Communications
- Tenure: 6yrs
Pat Miller (81yo)
Co-Founder
- Tenure: 38yrs
- Compensation: US$134.50k
Robert Wallstrom (53yo)
CEO, President & Director
- Tenure: 6.2yrs
- Compensation: US$2.62m
Mark Dely (43yo)
Chief Administrative & Legal Officer and Corporate Secretary
- Tenure: 2.3yrs
- Compensation: US$597.02k
Pam Sours
Senior Vice President of Operations
- Tenure: 5.9yrs
Stephanie Scheele (42yo)
Chief Marketing Officer
- Tenure: 2.4yrs
John Enwright (46yo)
Executive VP & CFO
- Tenure: 2.8yrs
- Compensation: US$922.82k
Beatrice Cabe (40yo)
Chief Creative Officer
- Tenure: 2.3yrs
- Compensation: US$922.82k
Kevin Korney (49yo)
Chief Merchandising Officer
- Tenure: 2yrs
- Compensation: US$777.33k
Daren Hull (45yo)
Chief Customer Officer
- Tenure: 1.5yrs
- Compensation: US$1.29m
Board Members
Mary Kelley (58yo)
Independent Director
- Tenure: 4.1yrs
- Compensation: US$142.60k
John Kyees (72yo)
Lead Independent Director
- Tenure: 9yrs
- Compensation: US$157.00k
Barbara Baekgaard (80yo)
Co-Founder & Director
- Tenure: 38yrs
- Compensation: US$876.26k
Ed Schmults (56yo)
Independent Director
- Tenure: 9.3yrs
- Compensation: US$148.90k
Robert Hall (61yo)
Chairman
- Tenure: 9.3yrs
- Compensation: US$161.50k
Robert Wallstrom (53yo)
CEO, President & Director
- Tenure: 6.2yrs
- Compensation: US$2.62m
Richard Baum (72yo)
Independent Director
- Tenure: 8.3yrs
- Compensation: US$147.10k
Matt McEvoy (57yo)
Independent Director
- Tenure: 8.5yrs
- Compensation: US$143.50k
P. Miller (81yo)
Director
- Tenure: 30yrs
- Compensation: US$134.50k
Fran Philip (61yo)
Independent Director
- Tenure: 8.7yrs
- Compensation: US$148.67k
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$374.777m
- Shares outstanding: 33.64m
- 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 |
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 two segments, Direct and Indirect. The company offers totes, crossbodies, satchels, clutches, backpacks, baby bags, and lunch bags; accessories, including wallets, wristlets, eyeglass cases, scarves, and various technology accessories; and travel products, such as 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, which comprise mugs and tumblers; and other products, including apparel/footwear, stationery, merchandising, and gift card products, as well as freight and licensing 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 2, 2019, it operated 99 full-line stores and 57 factory outlet stores. The company also sells its Vera Bradley branded products to approximately 2,300 specialty retail locations, as well as 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 | 2020/01/21 00:41 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/11/02 |
| Annual Earnings | 2019/02/02 |
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.