Francesca’s Holdings Corp (NASDAQ:FRAN) – Investment analysts at William Blair decreased their Q2 2019 earnings per share estimates for shares of Francesca’s in a report released on Tuesday, June 5th. William Blair analyst D. Carden now forecasts that the specialty retailer will post earnings of $0.03 per share for the quarter, down from their previous estimate of $0.23. William Blair currently has a “Market Perform” rating on the stock. William Blair also issued estimates for Francesca’s’ Q4 2019 earnings at $0.43 EPS and FY2019 earnings at $0.55 EPS.
Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings data on Tuesday, June 5th. The specialty retailer reported ($0.11) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.11). The company had revenue of $100.40 million during the quarter, compared to analysts’ expectations of $101.48 million. Francesca’s had a return on equity of 9.35% and a net margin of 1.58%. Francesca’s’s revenue for the quarter was down 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 EPS.
Several other equities analysts have also recently weighed in on the company. TheStreet upgraded Francesca’s from a “d+” rating to a “c-” rating in a report on Friday, June 1st. ValuEngine cut Francesca’s from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Zacks Investment Research upgraded Francesca’s from a “sell” rating to a “hold” rating in a report on Wednesday, May 30th. Jefferies Group restated a “hold” rating and issued a $5.00 price objective on shares of Francesca’s in a report on Tuesday, March 27th. Finally, B. Riley set a $6.00 price objective on Francesca’s and gave the company a “hold” rating in a report on Tuesday, March 27th. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $6.75.
Shares of NASDAQ FRAN opened at $6.51 on Friday. The stock has a market capitalization of $218.63 million, a PE ratio of 12.52, a P/E/G ratio of 0.92 and a beta of 0.05. Francesca’s has a fifty-two week low of $4.51 and a fifty-two week high of $11.91.
A number of large investors have recently modified their holdings of the stock. Highbridge Capital Management LLC acquired a new stake in Francesca’s in the 1st quarter valued at about $245,000. Wexford Capital LP acquired a new stake in Francesca’s in the 1st quarter valued at about $534,000. A.R.T. Advisors LLC lifted its stake in Francesca’s by 305.0% in the 1st quarter. A.R.T. Advisors LLC now owns 58,360 shares of the specialty retailer’s stock valued at $280,000 after purchasing an additional 43,950 shares during the last quarter. D.C. Capital Advisors Ltd acquired a new stake in Francesca’s in the 1st quarter valued at about $1,440,000. Finally, Mutual Advisors LLC acquired a new stake in Francesca’s in the 1st quarter valued at about $718,000. Institutional investors and hedge funds own 96.09% of the company’s stock.
In other news, Director Richard J. Emmett bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, June 7th. The stock was acquired at an average cost of $6.37 per share, for a total transaction of $63,700.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.20% of the company’s stock.
Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.
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