Zacks Investment Research upgraded shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) from a strong sell rating to a hold rating in a research report released on Tuesday, November 7th.
According to Zacks, “Francesca’s Holdings Corporation is a specialty retailer of women’s apparel products. The Company operates a chain of retail boutiques in the United States. It offers apparel, jewelry, accessories, and gifts to female customers. The company also sells its products through e-commerce Website, francescascollections.com. Francesca’s Holdings Corporation is headquartered in Houston, Texas. “
Other research analysts have also recently issued research reports about the stock. FBR & Co restated a neutral rating and issued a $8.00 target price (down previously from $10.00) on shares of Francesca’s Holdings Corporation in a research report on Wednesday, September 6th. SunTrust Banks, Inc. decreased their target price on shares of Francesca’s Holdings Corporation from $15.00 to $10.00 and set a buy rating for the company in a research report on Tuesday, August 22nd. ValuEngine cut shares of Francesca’s Holdings Corporation from a buy rating to a hold rating in a report on Friday, September 1st. KeyCorp reissued a hold rating on shares of Francesca’s Holdings Corporation in a research note on Friday, August 25th. Finally, BidaskClub lowered shares of Francesca’s Holdings Corporation from a sell rating to a strong sell rating in a research note on Thursday, August 17th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $13.50.
Shares of Francesca’s Holdings Corporation (NASDAQ FRAN) opened at $7.43 on Tuesday. Francesca’s Holdings Corporation has a 12 month low of $6.33 and a 12 month high of $22.39. The company has a market cap of $272.94, a P/E ratio of 7.66, a price-to-earnings-growth ratio of 0.57 and a beta of 0.18.
Francesca’s Holdings Corporation (NASDAQ:FRAN) last announced its quarterly earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Francesca’s Holdings Corporation had a net margin of 7.28% and a return on equity of 31.88%. The firm had revenue of $119.70 million during the quarter, compared to analysts’ expectations of $119.80 million. During the same period in the prior year, the company earned $0.27 EPS. The firm’s revenue was up 3.8% on a year-over-year basis. analysts predict that Francesca’s Holdings Corporation will post 0.75 EPS for the current year.
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Large investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in Francesca’s Holdings Corporation in the 1st quarter valued at $161,000. UBS Asset Management Americas Inc. bought a new position in shares of Francesca’s Holdings Corporation during the 1st quarter worth about $173,000. Karp Capital Management Corp bought a new position in shares of Francesca’s Holdings Corporation during the 1st quarter worth about $191,000. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Francesca’s Holdings Corporation by 57.3% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock worth $149,000 after acquiring an additional 4,980 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Francesca’s Holdings Corporation during the 2nd quarter worth about $151,000.
Francesca’s Holdings Corporation 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.
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