Francesca's Holdings Corp (FRAN) to Post Q1 2018 Earnings of $0.14 Per Share, KeyCorp Forecasts

Francesca's Holdings Corp (NASDAQ:FRAN) – Analysts at KeyCorp decreased their Q1 2018 earnings per share (EPS) estimates for Francesca's Holdings Corp in a research note issued on Tuesday, according to Zacks Investment Research. KeyCorp analyst E. Yruma now forecasts that the specialty retailer will earn $0.14 per share for the quarter, down from their prior estimate of $0.20. KeyCorp also issued estimates for Francesca's Holdings Corp’s Q2 2018 earnings at $0.27 EPS, Q4 2018 earnings at $0.47 EPS and FY2019 earnings at $1.25 EPS.

Several other research firms have also recently issued reports on FRAN. Jefferies Group LLC set a $17.00 price target on shares of Francesca's Holdings Corp and gave the company a “hold” rating in a report on Tuesday, January 10th. Zacks Investment Research cut shares of Francesca's Holdings Corp from a “buy” rating to a “hold” rating in a report on Thursday, March 2nd. Wedbush dropped their target price on shares of Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating on the stock in a report on Tuesday, March 21st. Mizuho dropped their target price on shares of Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Tuesday, March 21st. Finally, FBR & Co reissued an “underperform” rating and set a $14.00 target price on shares of Francesca's Holdings Corp in a report on Tuesday, March 21st. One equities research 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. Francesca's Holdings Corp currently has a consensus rating of “Hold” and an average price target of $16.78.

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

COPYRIGHT VIOLATION WARNING: “Francesca's Holdings Corp (FRAN) to Post Q1 2018 Earnings of $0.14 Per Share, KeyCorp Forecasts” was first posted by BBNS and is owned by of BBNS. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://baseballnewssource.com/markets/q1-2018-earnings-forecast-for-francescas-holdings-corp-issued-by-keycorp-fran-updated-updated/525958.html.

Shares of Francesca's Holdings Corp (NASDAQ:FRAN) traded down 0.38% during trading on Thursday, reaching $15.53. 605,139 shares of the company’s stock traded hands. The stock has a 50-day moving average of $15.71 and a 200-day moving average of $17.07. The company has a market capitalization of $583.01 million, a price-to-earnings ratio of 14.25 and a beta of 0.77. Francesca's Holdings Corp has a 1-year low of $9.75 and a 1-year high of $22.39.

Francesca's Holdings Corp (NASDAQ:FRAN) last posted its quarterly earnings data on Tuesday, March 21st. The specialty retailer reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.02. The firm earned $146.30 million during the quarter, compared to analysts’ expectations of $145.77 million. Francesca's Holdings Corp had a net margin of 8.84% and a return on equity of 37.74%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter last year, the company posted $0.35 EPS.

In related news, insider Khalid Mir Malik sold 110,692 shares of the stock in a transaction dated Tuesday, March 28th. The shares were 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 can be accessed through this hyperlink. 1.13% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan boosted its stake in Francesca's Holdings Corp by 0.9% in the third quarter. Municipal Employees Retirement System of Michigan now owns 12,560 shares of the specialty retailer’s stock worth $194,000 after buying an additional 110 shares during the period. Louisiana State Employees Retirement System boosted its stake in Francesca's Holdings Corp by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 15,400 shares of the specialty retailer’s stock worth $236,000 after buying an additional 200 shares during the period. Thrivent Financial for Lutherans boosted its stake in Francesca's Holdings Corp by 3.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 20,400 shares of the specialty retailer’s stock worth $368,000 after buying an additional 670 shares during the period. Isthmus Partners LLC boosted its stake in Francesca's Holdings Corp by 3.5% in the third quarter. Isthmus Partners LLC now owns 37,813 shares of the specialty retailer’s stock worth $628,000 after buying an additional 1,273 shares during the period. Finally, Laurion Capital Management LP boosted its stake in Francesca's Holdings Corp by 10.0% in the third quarter. Laurion Capital Management LP now owns 16,000 shares of the specialty retailer’s stock worth $247,000 after buying an additional 1,458 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

Francesca's Holdings Corp 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.

5 Day Chart for NASDAQ:FRAN

Get a free copy of the Zacks research report on Francesca's Holdings Corp (FRAN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Francesca's Holdings Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Francesca's Holdings Corp and related companies with our FREE daily email newsletter.

 


Latest News

Gift Ngoepe Becomes First African to Play in MLB
Gift Ngoepe Becomes First African to Play in MLB
Eric Thames Pulled From Game With Tightness in Hamstring
Eric Thames Pulled From Game With Tightness in Hamstring
Julio Urias Returning to Dodgers Thursday
Julio Urias Returning to Dodgers Thursday
Tony Gwynn Jr. Like Father Like Son in Baseball and Brewing
Tony Gwynn Jr. Like Father Like Son in Baseball and Brewing
Sources Say Luis Robert Will Be Cleared by May 20 to Sign
Sources Say Luis Robert Will Be Cleared by May 20 to Sign
Colorado Rockies Bullpen Helping Them to NL West Lead
Colorado Rockies Bullpen Helping Them to NL West Lead


Leave a Reply

 
© 2006-2017 BBNS.