Insider Buying: Francesca’s Holdings Corp (FRAN) CEO Buys 10,000 Shares of Stock
Francesca’s Holdings Corp (NASDAQ:FRAN) CEO Steven Paul Lawrence purchased 10,000 shares of the business’s stock in a transaction on Friday, September 14th. The shares were purchased at an average cost of $4.11 per share, for a total transaction of $41,100.00. Following the transaction, the chief executive officer now directly owns 209,832 shares of the company’s stock, valued at approximately $862,409.52. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Shares of NASDAQ FRAN opened at $4.25 on Tuesday. Francesca’s Holdings Corp has a 1-year low of $3.53 and a 1-year high of $8.48. The stock has a market cap of $147.07 million, a PE ratio of 36.91 and a beta of 0.05.
Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings data on Tuesday, September 11th. The specialty retailer reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). Francesca’s had a net margin of 0.12% and a return on equity of 3.35%. The company had revenue of $113.00 million for the quarter, compared to analyst estimates of $120.77 million. During the same quarter in the prior year, the company posted $0.20 EPS. Francesca’s’s revenue for the quarter was down 5.6% on a year-over-year basis. sell-side analysts forecast that Francesca’s Holdings Corp will post 0.15 EPS for the current fiscal year.
A number of analysts have commented on FRAN shares. B. Riley upped their price target on shares of Francesca’s from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Wednesday, August 15th. ValuEngine lowered shares of Francesca’s from a “buy” rating to a “hold” rating in a report on Friday, September 7th. BidaskClub upgraded shares of Francesca’s from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 26th. TheStreet upgraded shares of Francesca’s from a “d+” rating to a “c-” rating in a report on Friday, June 1st. Finally, Zacks Investment Research upgraded shares of Francesca’s from a “sell” rating to a “hold” rating in a report on Thursday, September 6th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $5.67.
Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.
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