Francesca's Holdings Corp (FRAN) CEO Buys $55,600.00 in Stock
Francesca's Holdings Corp (NASDAQ:FRAN) CEO Steven Paul Lawrence bought 10,000 shares of the business’s stock in a transaction on Thursday, January 11th. The stock was bought at an average price of $5.56 per share, for a total transaction of $55,600.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) opened at $5.82 on Friday. The firm has a market capitalization of $202.24, a PE ratio of 8.08, a price-to-earnings-growth ratio of 0.80 and a beta of 0.23. Francesca's Holdings Corp has a twelve month low of $5.31 and a twelve month high of $19.50.
Francesca's (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.02 million. Francesca's had a return on equity of 23.19% and a net margin of 5.52%. Francesca's’s revenue was down 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.23 EPS. research analysts anticipate that Francesca's Holdings Corp will post 0.56 earnings per share for the current fiscal year.
Several equities analysts have issued reports on FRAN shares. BidaskClub upgraded Francesca's from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. SunTrust Banks set a $8.00 target price on Francesca's and gave the company a “buy” rating in a research note on Friday, January 5th. TheStreet lowered Francesca's from a “c” rating to a “d+” rating in a research note on Tuesday, December 5th. B. Riley reiterated a “hold” rating and issued a $6.00 target price on shares of Francesca's in a research note on Tuesday. Finally, ValuEngine lowered Francesca's from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Francesca's currently has an average rating of “Hold” and a consensus price target of $10.67.
A number of hedge funds and other institutional investors have recently modified their holdings of FRAN. Schwab Charles Investment Management Inc. boosted its holdings in Francesca's by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 237,427 shares of the specialty retailer’s stock worth $2,598,000 after acquiring an additional 1,206 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Francesca's in the second quarter worth about $151,000. Legal & General Group Plc boosted its holdings in Francesca's by 6.3% in the second quarter. Legal & General Group Plc now owns 71,347 shares of the specialty retailer’s stock worth $782,000 after acquiring an additional 4,238 shares in the last quarter. Schroder Investment Management Group boosted its holdings in Francesca's by 8,143.2% in the second quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock worth $4,055,000 after acquiring an additional 358,300 shares in the last quarter. Finally, Engineers Gate Manager LP boosted its holdings in Francesca's by 147.7% in the second quarter. Engineers Gate Manager LP now owns 136,550 shares of the specialty retailer’s stock worth $1,494,000 after acquiring an additional 81,426 shares in the last quarter.
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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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