Francesca's (FRAN) Earns “Hold” Rating from B. Riley

B. Riley reiterated their hold rating on shares of Francesca's (NASDAQ:FRAN) in a report issued on Tuesday. The firm currently has a $6.00 price objective on the specialty retailer’s stock. B. Riley also issued estimates for Francesca's’ Q4 2018 earnings at $0.22 EPS, FY2018 earnings at $0.55 EPS and FY2019 earnings at $0.63 EPS.

A number of other research analysts have also issued reports on the stock. SunTrust Banks set a $8.00 price target on shares of Francesca's and gave the company a buy rating in a research note on Friday, January 5th. ValuEngine lowered shares of Francesca's from a buy rating to a hold rating in a research note on Sunday, December 31st. BidaskClub upgraded shares of Francesca's from a hold rating to a buy rating in a research note on Wednesday, December 20th. TheStreet lowered shares of Francesca's from a c rating to a d+ rating in a research note on Tuesday, December 5th. Finally, Zacks Investment Research lowered shares of Francesca's from a hold rating to a sell rating in a research note on Thursday, December 7th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $10.67.

Shares of Francesca's (NASDAQ FRAN) traded up $0.23 during trading on Tuesday, reaching $5.82. 2,007,151 shares of the company’s stock were exchanged, compared to its average volume of 1,626,744. Francesca's has a twelve month low of $5.31 and a twelve month high of $19.50. The firm has a market cap of $202.24, a price-to-earnings ratio of 8.08, a price-to-earnings-growth ratio of 0.80 and a beta of 0.23.

Francesca's (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03). Francesca's had a net margin of 5.52% and a return on equity of 23.19%. The company 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 company posted $0.23 EPS. The company’s revenue for the quarter was down 11.5% compared to the same quarter last year. analysts expect that Francesca's will post 0.56 EPS for the current fiscal year.

In other Francesca's news, CEO Steven Paul Lawrence acquired 10,000 shares of the business’s stock in a transaction dated Thursday, January 11th. The shares were purchased at an average price of $5.56 per share, for a total transaction of $55,600.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.19% of the stock is owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in FRAN. Dalton Greiner Hartman Maher & Co. grew its position in Francesca's by 36.3% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 547,320 shares of the specialty retailer’s stock valued at $4,001,000 after buying an additional 145,649 shares during the period. Cetera Advisor Networks LLC acquired a new stake in Francesca's during the third quarter valued at $124,000. Cubist Systematic Strategies LLC grew its position in Francesca's by 233.9% during the third quarter. Cubist Systematic Strategies LLC now owns 77,084 shares of the specialty retailer’s stock valued at $567,000 after buying an additional 53,998 shares during the period. KBC Group NV grew its position in Francesca's by 45.0% during the third quarter. KBC Group NV now owns 154,351 shares of the specialty retailer’s stock valued at $1,136,000 after buying an additional 47,882 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC acquired a new stake in Francesca's during the third quarter valued at $186,000.

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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.

Analyst Recommendations for Francesca's (NASDAQ:FRAN)

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