Francesca's Holdings Corp (FRAN) Expected to Earn FY2018 Earnings of $0.52 Per Share

Francesca's Holdings Corp (NASDAQ:FRAN) – Analysts at William Blair dropped their FY2018 EPS estimates for Francesca's in a report released on Thursday, Zacks Investment Research reports. William Blair analyst D. Carden now forecasts that the specialty retailer will post earnings of $0.52 per share for the year, down from their previous estimate of $0.68. William Blair also issued estimates for Francesca's’ Q1 2019 earnings at $0.16 EPS and Q2 2019 earnings at $0.25 EPS.

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 analysts’ consensus estimates of $0.04 by ($0.03). The firm had revenue of $105.80 million for the quarter, compared to the consensus estimate of $106.02 million. Francesca's had a net margin of 5.52% and a return on equity of 23.19%. The business’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.23 earnings per share.

A number of other brokerages have also issued reports on FRAN. BidaskClub raised Francesca's from a “hold” rating to a “buy” rating in a research note on Wednesday, December 20th. SunTrust Banks set a $8.00 price target on Francesca's and gave the company a “buy” rating in a research note on Friday, January 5th. ValuEngine lowered Francesca's from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. B. Riley reaffirmed a “hold” rating and set a $8.00 price target on shares of Francesca's in a research note on Tuesday, December 5th. Finally, Zacks Investment Research raised Francesca's from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Francesca's has a consensus rating of “Hold” and a consensus target price of $10.67.

Shares of Francesca's (FRAN) traded up $0.23 during midday trading on Monday, reaching $5.82. The company’s stock had a trading volume of 2,007,100 shares, compared to its average volume of 2,588,811. The company has a market cap of $210.57, a price-to-earnings ratio of 8.20, a P/E/G ratio of 0.89 and a beta of 0.23. Francesca's has a 52-week low of $5.31 and a 52-week high of $19.50.

In related news, CEO Steven Paul Lawrence acquired 10,000 shares of Francesca's stock in a transaction dated Thursday, January 11th. The stock was acquired at an average cost of $5.56 per share, with a total value of $55,600.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 1.19% of the company’s stock.

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

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Earnings History and Estimates for Francesca's (NASDAQ:FRAN)

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