Monday, February 18, 2019

Francesca’s Holdings Corp (FRAN) Given Consensus Rating of “Hold” by Brokerages

Francesca’s Holdings Corp (NASDAQ:FRAN) has been given an average recommendation of “Hold” by the seven ratings firms that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $3.50.

FRAN has been the topic of several analyst reports. Zacks Investment Research raised Francesca’s from a “sell” rating to a “hold” rating in a research report on Tuesday, November 13th. B. Riley cut their target price on Francesca’s from $4.00 to $3.50 and set a “neutral” rating on the stock in a research report on Wednesday, November 14th. ValuEngine raised Francesca’s from a “hold” rating to a “buy” rating in a research report on Wednesday, November 28th. Finally, TheStreet downgraded Francesca’s from a “c-” rating to a “d” rating in a research report on Wednesday, December 12th.

Get Francesca's alerts:

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FRAN. Rhumbline Advisers lifted its holdings in shares of Francesca’s by 16.5% in the 4th quarter. Rhumbline Advisers now owns 98,116 shares of the specialty retailer’s stock worth $95,000 after buying an additional 13,864 shares during the period. B. Riley Financial Inc. purchased a new stake in shares of Francesca’s in the 3rd quarter worth $74,000. Two Sigma Securities LLC purchased a new stake in shares of Francesca’s in the 4th quarter worth $25,000. Symons Capital Management Inc. lifted its holdings in shares of Francesca’s by 130.8% in the 4th quarter. Symons Capital Management Inc. now owns 53,068 shares of the specialty retailer’s stock worth $52,000 after buying an additional 30,076 shares during the period. Finally, Citigroup Inc. lifted its holdings in shares of Francesca’s by 14,059.6% in the 4th quarter. Citigroup Inc. now owns 33,275 shares of the specialty retailer’s stock worth $32,000 after buying an additional 33,040 shares during the period.

NASDAQ:FRAN traded up $0.01 during trading hours on Tuesday, reaching $0.92. The stock had a trading volume of 457,722 shares, compared to its average volume of 2,025,263. Francesca’s has a 52 week low of $0.64 and a 52 week high of $8.48. The company has a market cap of $33.28 million, a price-to-earnings ratio of 1.77 and a beta of 1.01.

Francesca’s (NASDAQ:FRAN) last released its earnings results on Tuesday, December 11th. The specialty retailer reported ($0.17) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.01. The firm had revenue of $95.40 million for the quarter, compared to the consensus estimate of $95.10 million. Francesca’s had a negative return on equity of 2.36% and a negative net margin of 3.56%. The company’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 EPS. On average, equities research analysts expect that Francesca’s will post -0.38 EPS for the current fiscal year.

About Francesca’s

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts 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.

Featured Story: Why is the ex-dividend date different from the record date?

No comments:

Post a Comment