Francesca's (NASDAQ:FRAN)‘s stock had its “hold” rating reiterated by analysts at B. Riley in a research note issued to investors on Tuesday, January 9th. They presently have a $6.00 price objective on the specialty retailer’s stock. B. Riley’s price target indicates a potential upside of 8.70% from the stock’s previous close. B. Riley also issued estimates for Francesca's’ Q4 2018 earnings at $0.22 EPS, FY2018 earnings at $0.55 EPS and FY2019 earnings at $0.63 EPS.
A number of other equities research analysts also recently issued reports on the company. SunTrust Banks set a $8.00 price objective on Francesca's and gave the stock a “buy” rating in a research report on Friday, January 5th. ValuEngine downgraded 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. TheStreet downgraded Francesca's from a “c” rating to a “d+” rating in a research report on Tuesday, December 5th. Finally, Zacks Investment Research downgraded Francesca's from a “hold” rating to a “sell” rating in a research 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 has an average rating of “Hold” and an average target price of $10.67.
Shares of Francesca's (NASDAQ FRAN) traded down $0.15 during mid-day trading on Tuesday, hitting $5.52. The company had a trading volume of 1,340,000 shares, compared to its average volume of 1,470,000. Francesca's has a one year low of $5.31 and a one year high of $19.09. The stock has a market capitalization of $199.71, a P/E ratio of 7.77, a PEG ratio of 0.70 and a beta of -0.05.
Francesca's (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03). Francesca's had a return on equity of 23.19% and a net margin of 5.52%. The business had revenue of $105.80 million during the quarter, compared to analysts’ expectations of $106.02 million. During the same quarter last year, the business posted $0.23 EPS. The company’s quarterly revenue was down 11.5% on a year-over-year basis. research analysts expect that Francesca's will post 0.53 EPS for the current year.
In other news, CEO Steven Paul Lawrence purchased 10,000 shares of the stock in a transaction on Thursday, January 11th. The shares were acquired at an average price 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 can be accessed through this link. Company insiders own 1.19% of the company’s stock.
Institutional investors have recently bought and sold shares of the business. Paradigm Capital Management Inc. NY lifted its holdings in shares of Francesca's by 152.8% during the third quarter. Paradigm Capital Management Inc. NY now owns 1,935,300 shares of the specialty retailer’s stock valued at $14,244,000 after purchasing an additional 1,169,786 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of Francesca's by 54.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock valued at $16,057,000 after acquiring an additional 519,206 shares during the period. Vanguard Group Inc. boosted its holdings in Francesca's by 11.5% in the 2nd quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock worth $42,673,000 after buying an additional 402,270 shares during the period. Schroder Investment Management Group lifted its stake in Francesca's by 8,143.2% in the 2nd quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock worth $4,055,000 after purchasing an additional 358,300 shares in the last quarter. Finally, Quantitative Investment Management LLC purchased a new stake in Francesca's in the 2nd quarter worth $3,744,000.
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Francesca's Company Profile
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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