Somewhat Favorable News Coverage Extremely Likely to Impact Francesca's Holdings Corp (FRAN) Stock Price
News headlines about Francesca's Holdings Corp (NASDAQ:FRAN) have trended somewhat positive this week, Alpha One reports. The research firm, a subsidiary of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Francesca's Holdings Corp earned a daily sentiment score of 0.05 on Alpha One’s scale. Alpha One also assigned news headlines about the specialty retailer an impact score of 91 out of 100, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) traded up 3.73% during trading on Thursday, reaching $15.59. The company’s stock had a trading volume of 979,436 shares. The firm has a market capitalization of $585.26 million, a P/E ratio of 14.30 and a beta of 0.77. Francesca's Holdings Corp has a 52 week low of $9.75 and a 52 week high of $22.39. The company has a 50 day moving average price of $15.71 and a 200 day moving average price of $17.07.
Francesca's Holdings Corp (NASDAQ:FRAN) last posted its earnings results on Tuesday, March 21st. The specialty retailer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Francesca's Holdings Corp had a return on equity of 37.74% and a net margin of 8.84%. The firm had revenue of $146.30 million for the quarter, compared to analyst estimates of $145.77 million. During the same quarter in the prior year, the company earned $0.35 EPS. Francesca's Holdings Corp’s revenue was up 8.7% on a year-over-year basis. On average, equities research analysts expect that Francesca's Holdings Corp will post $1.15 EPS for the current fiscal year.
A number of brokerages have recently commented on FRAN. Zacks Investment Research upgraded Francesca's Holdings Corp from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research note on Wednesday, March 22nd. Jefferies Group LLC set a $17.00 price target on Francesca's Holdings Corp and gave the stock a “hold” rating in a research report on Tuesday, January 10th. Mizuho lowered their price target on Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 21st. Wedbush lowered their price target on Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 21st. Finally, FBR & Co reiterated an “underperform” rating and set a $14.00 price target on shares of Francesca's Holdings Corp in a research report on Tuesday, March 21st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $16.78.
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In related news, insider Khalid Mir Malik sold 110,692 shares of the company’s stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of $15.95, for a total value of $1,765,537.40. Following the sale, the insider now owns 66,781 shares of the company’s stock, valued at approximately $1,065,156.95. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.13% of the stock is currently owned by corporate insiders.
About Francesca's Holdings Corp
Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.
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