Francesca's (NASDAQ:FRAN)‘s stock had its “hold” rating restated by investment analysts at B. Riley in a research note issued on Tuesday. They presently have a $6.00 price objective on the specialty retailer’s stock. B. Riley’s price target would indicate a potential upside of 3.09% 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.
Other equities analysts have also issued reports about the stock. SunTrust Banks set a $8.00 target price on shares of Francesca's and gave the stock a “buy” rating in a research report on Friday, January 5th. BidaskClub upgraded shares of Francesca's from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. TheStreet lowered shares of Francesca's from a “c” rating to a “d+” rating in a research report on Tuesday, December 5th. ValuEngine lowered shares of Francesca's from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Zacks Investment Research upgraded shares of Francesca's from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. Francesca's has an average rating of “Hold” and an average price target of $10.67.
Francesca's (NASDAQ:FRAN) traded up $0.23 during trading hours on Tuesday, reaching $5.82. 2,006,900 shares of the company’s stock were exchanged, compared to its average volume of 2,588,811. The firm has a market capitalization of $210.57, a price-to-earnings ratio of 8.20, a PEG ratio of 0.77 and a beta of 0.23. Francesca's has a 52-week low of $5.31 and a 52-week high of $19.50.
Francesca's (NASDAQ:FRAN) last announced its earnings results 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 company had revenue of $105.80 million for the quarter, compared to analyst estimates of $106.02 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. Francesca's’s revenue for the quarter was down 11.5% on a year-over-year basis. equities research analysts anticipate that Francesca's will post 0.62 earnings per share for the current year.
In other Francesca's news, CEO Steven Paul Lawrence acquired 10,000 shares of the business’s stock in a transaction that occurred on Thursday, January 11th. The shares were acquired at an average cost of $5.56 per share, for a total transaction of $55,600.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.19% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Francesca's by 11.5% in the second quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock valued at $42,673,000 after buying an additional 402,270 shares during the period. Daruma Capital Management LLC lifted its holdings in Francesca's by 2.7% in the second quarter. Daruma Capital Management LLC now owns 3,253,125 shares of the specialty retailer’s stock valued at $35,589,000 after buying an additional 86,734 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Francesca's by 6.8% in the second quarter. Dimensional Fund Advisors LP now owns 2,181,920 shares of the specialty retailer’s stock valued at $23,871,000 after buying an additional 138,799 shares during the period. Paradigm Capital Management Inc. NY increased its stake in Francesca's by 152.8% in 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 in the last quarter. Finally, Renaissance Technologies LLC increased its stake in Francesca's by 54.7% in the second quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock valued at $16,057,000 after purchasing an additional 519,206 shares in the last quarter.
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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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