Vera Bradley, Inc. VRA was a big mover last session, as the company saw its shares rise more than 6% on the day. The stock moved up after the company was upgraded by Wunderlich Securities. This led to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $15.48 to $20.18 in the past one-month time frame, showed a pick-up on Thursday at $19.76.
This retail-apparel/shoe industry stock witnessed four positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Vera Bradley. So make sure to keep an eye on this stock going forward to see if the recent jump can turn into more strength down the road.
Vera Bradley has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the space may also consider American Eagle Outfitters, Inc. AEO, sporting a Zacks Rank #1 (Strong Buy).
Is VRA going up? Or down? Predict to see what others think: Up or Down
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