Franchise Brands (LON:FRAN) Posts Quarterly Earnings Results

Franchise Brands (LON:FRAN) issued its quarterly earnings results on Wednesday. The company reported GBX 4.81 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 Price Performance

LON:FRAN traded up GBX 2.31 during trading hours on Wednesday, reaching GBX 150.31. The company had a trading volume of 355,291 shares, compared to its average volume of 281,846. The firm has a market capitalization of £288.12 million, a PE ratio of 32.39 and a beta of 0.49. The stock has a 50-day moving average of GBX 144.11 and a two-hundred day moving average of GBX 135.27. The company has a quick ratio of 1.57, a current ratio of 1.15 and a debt-to-equity ratio of 36.34. Franchise Brands has a one year low of GBX 104.66 and a one year high of GBX 158.

Analyst Upgrades and Downgrades

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

About Franchise Brands

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.