Franchise Brands (LON:FRAN) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Franchise Brands plc (LON:FRANGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 128.99 and traded as high as GBX 153.65. Franchise Brands shares last traded at GBX 151, with a volume of 321,151 shares traded.

Analyst Ratings Changes

Several research firms have issued reports on FRAN. Shore Capital Group restated a “buy” rating on shares of Franchise Brands in a report on Friday, April 24th. Stifel Nicolaus lowered their price target on shares of Franchise Brands from GBX 260 to GBX 210 and set a “buy” rating for the company in a report on Thursday, March 26th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 185 price target on shares of Franchise Brands in a report on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 197.50.

Get Our Latest Stock Analysis on Franchise Brands

Franchise Brands Trading Down 1.3%

The company has a debt-to-equity ratio of 36.34, a quick ratio of 1.57 and a current ratio of 1.15. The firm’s fifty day simple moving average is GBX 128.99 and its 200-day simple moving average is GBX 131.61. The stock has a market cap of £289.44 million, a P/E ratio of 32.54 and a beta of 0.46.

Franchise Brands (LON:FRANGet Free Report) last released its quarterly earnings results on Wednesday, March 25th. The company reported GBX 9 earnings per share (EPS) for the quarter. Franchise Brands had a net margin of 6.32% and a return on equity of 4.06%. Equities research analysts expect that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

Insider Buying and Selling at Franchise Brands

In related news, insider Stephen Hemsley acquired 72,500 shares of the stock in a transaction dated Wednesday, March 25th. The stock was bought at an average price of GBX 116 per share, for a total transaction of £84,100. 31.78% of the stock is owned by corporate insiders.

Franchise Brands Company Profile

(Get Free Report)

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.

Further Reading

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