Francesca's Holdings Corp (FRAN) Receives $11.00 Consensus PT from Analysts
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) have received a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $10.67.
A number of brokerages have weighed in on FRAN. B. Riley reiterated a “hold” rating and set a $6.00 price target on shares of Francesca's in a report on Tuesday. 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. ValuEngine downgraded Francesca's from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. BidaskClub upgraded Francesca's from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. Finally, TheStreet downgraded Francesca's from a “c” rating to a “d+” rating in a research note on Tuesday, December 5th.
Hedge funds have recently modified their holdings of the company. Koch Industries Inc. purchased a new stake in shares of Francesca's during the 2nd quarter worth approximately $110,000. Cetera Advisor Networks LLC purchased a new stake in shares of Francesca's during the 3rd quarter worth approximately $124,000. FNY Managed Accounts LLC purchased a new stake in shares of Francesca's during the 3rd quarter worth approximately $135,000. SG Americas Securities LLC purchased a new stake in shares of Francesca's during the 2nd quarter worth approximately $151,000. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Francesca's during the 3rd quarter worth approximately $186,000.
Shares of Francesca's (NASDAQ:FRAN) remained flat at $$5.41 on Monday. 2,206,300 shares of the company’s stock traded hands, compared to its average volume of 2,840,257. The company has a market capitalization of $195.73, a P/E ratio of 7.62, 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 issued its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share 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 business 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 business posted $0.23 earnings per share. The business’s revenue was down 11.5% on a year-over-year basis. research analysts forecast that Francesca's will post 0.62 EPS for the current fiscal year.
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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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