Francesca's (NASDAQ:FRAN) received a $8.00 price objective from SunTrust Banks in a research note issued on Friday, January 5th. The brokerage presently has a “buy” rating on the specialty retailer’s stock. SunTrust Banks’ price target would suggest a potential upside of 32.01% from the company’s previous close.
Other research analysts have also issued reports about the company. B. Riley restated a “neutral” rating on shares of Francesca's in a research report on Wednesday, November 1st. TheStreet lowered Francesca's from a “c” rating to a “d+” rating in a research report on Tuesday, December 5th. ValuEngine lowered Francesca's from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. BidaskClub upgraded Francesca's from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. Finally, Zacks Investment Research lowered Francesca's from a “hold” rating to a “sell” rating in a report on Thursday, December 7th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. Francesca's currently has an average rating of “Hold” and an average price target of $10.67.
Shares of Francesca's (NASDAQ:FRAN) opened at $6.06 on Friday. The company has a market capitalization of $228.29, a P/E ratio of 8.42, a P/E/G ratio of 0.95 and a beta of 0.23. Francesca's has a fifty-two week low of $5.31 and a fifty-two week high of $19.09.
Francesca's (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $105.80 million during the quarter, compared to analysts’ expectations of $106.02 million. Francesca's had a return on equity of 23.19% and a net margin of 5.52%. The company’s revenue was down 11.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.23 earnings per share. research analysts predict that Francesca's will post 0.53 earnings per share for the current fiscal year.
In other Francesca's news, CEO Steven Paul Lawrence purchased 10,000 shares of the business’s stock in a transaction on Thursday, January 11th. The shares were bought at an average cost of $5.56 per share, for a total transaction of $55,600.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.19% of the stock is owned by company insiders.
A number of institutional investors have recently bought and sold shares of FRAN. Schwab Charles Investment Management Inc. raised its stake in Francesca's by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 237,427 shares of the specialty retailer’s stock valued at $2,598,000 after buying an additional 1,206 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Francesca's during the second quarter worth about $151,000. Legal & General Group Plc increased its position in shares of Francesca's by 6.3% during the second quarter. Legal & General Group Plc now owns 71,347 shares of the specialty retailer’s stock worth $782,000 after purchasing an additional 4,238 shares in the last quarter. Federated Investors Inc. PA increased its position in shares of Francesca's by 103.3% during the second quarter. Federated Investors Inc. PA now owns 172,021 shares of the specialty retailer’s stock worth $1,882,000 after purchasing an additional 87,388 shares in the last quarter. Finally, Airain ltd increased its position in shares of Francesca's by 19.7% during the second quarter. Airain ltd now owns 21,125 shares of the specialty retailer’s stock worth $231,000 after purchasing an additional 3,477 shares in the last quarter.
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Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.
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