Franchise Brands (LON:FRAN) Posts Quarterly Earnings Results

Franchise Brands (LON:FRANGet Free Report) posted its earnings results on Wednesday. The company reported GBX 9 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Franchise Brands had a net margin of 6.32% and a return on equity of 4.06%.

Franchise Brands Stock Performance

LON:FRAN opened at GBX 118.70 on Friday. The company has a debt-to-equity ratio of 36.34, a current ratio of 1.15 and a quick ratio of 1.57. The firm has a market capitalization of £228.42 million, a price-to-earnings ratio of 29.53 and a beta of 0.39. The company’s 50-day moving average is GBX 128.27 and its two-hundred day moving average is GBX 130.55. Franchise Brands has a 1-year low of GBX 104.66 and a 1-year high of GBX 160.

Insider Activity

In other news, insider Stephen Hemsley purchased 72,500 shares of the business’s stock in a transaction dated Wednesday, March 25th. The stock was acquired 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.

Analysts Set New Price Targets

A number of research firms have weighed in on FRAN. Stifel Nicolaus cut their price objective on shares of Franchise Brands from GBX 260 to GBX 210 and set a “buy” rating for the company in a report on Thursday. Berenberg Bank restated a “buy” rating and set a GBX 185 target price on shares of Franchise Brands in a research report on Wednesday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 197.50.

Read Our Latest Stock Analysis on Franchise Brands

About Franchise Brands

(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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