Francesca’s Holdings Corporation (FRAN) Receives Consensus Recommendation of “Hold” from Brokerages

Francesca’s Holdings Corporation (NASDAQ:FRAN) has been given a consensus rating of “Hold” by the twelve ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $13.50.

Several research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Francesca’s Holdings Corporation from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 22nd. FBR & Co reissued 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 note on Wednesday, September 6th. B. Riley reissued a “neutral” rating on shares of Francesca’s Holdings Corporation in a research note on Wednesday, November 1st. SunTrust Banks, Inc. cut 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 note on Tuesday, August 22nd. Finally, ValuEngine downgraded shares of Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Francesca’s Holdings Corporation by 11.5% in the 2nd quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock valued at $42,673,000 after buying an additional 402,270 shares during the period. Daruma Capital Management LLC grew its holdings in shares of Francesca’s Holdings Corporation by 2.7% during the 2nd quarter. Daruma Capital Management LLC now owns 3,253,125 shares of the specialty retailer’s stock worth $35,589,000 after purchasing an additional 86,734 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Francesca’s Holdings Corporation by 6.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,181,920 shares of the specialty retailer’s stock worth $23,871,000 after purchasing an additional 138,799 shares during the period. Paradigm Capital Management Inc. NY grew its holdings in shares of Francesca’s Holdings Corporation by 152.8% during the 3rd quarter. Paradigm Capital Management Inc. NY now owns 1,935,300 shares of the specialty retailer’s stock worth $14,244,000 after purchasing an additional 1,169,786 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in shares of Francesca’s Holdings Corporation by 54.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock worth $16,057,000 after purchasing an additional 519,206 shares during the period.

Francesca’s Holdings Corporation (NASDAQ FRAN) traded up $0.33 during trading hours on Friday, hitting $7.43. The stock had a trading volume of 924,761 shares, compared to its average volume of 675,455. The firm has a market cap of $272.94, a P/E ratio of 7.66, a PEG ratio of 0.57 and a beta of 0.18. Francesca’s Holdings Corporation has a fifty-two week low of $6.33 and a fifty-two week high of $22.39.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last announced its earnings results on Wednesday, September 6th. The specialty retailer reported $0.20 earnings per share for the quarter, meeting the consensus estimate 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 the consensus estimate of $119.80 million. During the same quarter in the previous year, the company posted $0.27 EPS. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. equities analysts expect that Francesca’s Holdings Corporation will post 0.75 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This news story was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international trademark & copyright laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/11/19/francescas-holdings-corporation-fran-receives-consensus-recommendation-of-hold-from-brokerages.html.

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.

Analyst Recommendations for Francesca`s Holdings Corporation (NASDAQ:FRAN)

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

Leave a Reply