Insider Buying: Franchise Brands (LON:FRAN) Insider Purchases 8,000 Shares

Franchise Brands plc (LON:FRANGet Free Report) insider Neil Miller purchased 8,000 shares of Franchise Brands stock in a transaction on Thursday, August 20th. The stock was bought at an average cost of GBX 153 per share, for a total transaction of £12,240.

Franchise Brands Price Performance

Shares of FRAN opened at GBX 153.20 on Thursday. The firm has a market capitalization of £293.50 million, a price-to-earnings ratio of 27.26 and a beta of 0.49. The firm’s fifty day simple moving average is GBX 145.34 and its 200-day simple moving average is GBX 137. Franchise Brands plc has a twelve month low of GBX 104.66 and a twelve month high of GBX 158. The company has a current ratio of 1.18, a quick ratio of 1.57 and a debt-to-equity ratio of 35.66.

Franchise Brands (LON:FRANGet Free Report) last posted its earnings results on Wednesday, July 29th. The company reported GBX 4.81 earnings per share for the quarter. Franchise Brands had a return on equity of 4.87% and a net margin of 7.37%. Equities analysts forecast that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FRAN shares. Shore Capital Group reiterated a “buy” rating on shares of Franchise Brands in a research report on Friday, April 24th. Berenberg Bank reissued a “buy” rating and issued a GBX 185 target price on shares of Franchise Brands in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 197.50.

Read Our Latest Analysis on Franchise Brands

Franchise Brands Company Profile

(Get Free Report)

Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise brands focused on essential services through a mobile workforce. We have clarity of purpose which is acquire, develop and scale proven franchise businesses. Our focus is to help our franchise partners grow their businesses, so that “as they grow, we grow”.

Our franchise partners benefit from our One Franchise Brands platform which includes shared, bespoke technology systems, a strategic growth maximisation methodology and management franchising expertise.

We have 7 franchise brands in 10 countries, 265 franchise partners in the three core B2B divisions, 261 B2C franchise partners and approximately 2,500 mobile service vehicles.

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