Shares of Francesca’s Holdings Corp (NASDAQ:FRAN) have been given a consensus rating of “Hold” by the ten research firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $6.75.
Several research analysts have recently commented on the company. ValuEngine downgraded Francesca’s from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Francesca’s from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. B. Riley set a $6.00 price objective on Francesca’s and gave the stock a “hold” rating in a report on Tuesday, March 27th. William Blair reiterated a “market perform” rating on shares of Francesca’s in a report on Tuesday, March 27th. Finally, Jefferies Group reiterated a “hold” rating and issued a $5.00 price objective on shares of Francesca’s in a report on Tuesday, March 27th.
A number of large investors have recently made changes to their positions in FRAN. JPMorgan Chase & Co. increased its holdings in Francesca’s by 66.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 58,191 shares of the specialty retailer’s stock valued at $427,000 after purchasing an additional 23,229 shares during the period. Wells Fargo & Company MN increased its holdings in Francesca’s by 22.3% during the 3rd quarter. Wells Fargo & Company MN now owns 76,344 shares of the specialty retailer’s stock valued at $562,000 after purchasing an additional 13,899 shares during the period. Legato Capital Management LLC increased its holdings in Francesca’s by 134.1% during the 4th quarter. Legato Capital Management LLC now owns 118,423 shares of the specialty retailer’s stock valued at $866,000 after purchasing an additional 67,836 shares during the period. Jennison Associates LLC increased its holdings in Francesca’s by 68.6% during the 4th quarter. Jennison Associates LLC now owns 106,738 shares of the specialty retailer’s stock valued at $780,000 after purchasing an additional 43,446 shares during the period. Finally, Engineers Gate Manager LP purchased a new position in Francesca’s during the 4th quarter valued at about $150,000. Institutional investors own 98.10% of the company’s stock.
Shares of Francesca’s traded down $0.09, hitting $5.77, during trading hours on Friday, according to MarketBeat. The company had a trading volume of 13,124 shares, compared to its average volume of 1,053,051. The company has a market cap of $206.83 million and a P/E ratio of 11.12. Francesca’s has a 52-week low of $5.68 and a 52-week high of $5.84.
Francesca’s (NASDAQ:FRAN) last released its quarterly earnings data on Tuesday, March 27th. The specialty retailer reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. The firm had revenue of $138.50 million for the quarter, compared to the consensus estimate of $138.50 million. Francesca’s had a return on equity of 16.52% and a net margin of 3.30%. The company’s quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.39 earnings per share. analysts expect that Francesca’s will post 0.56 earnings per share for the current year.
Francesca’s Company Profile
Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.
Receive News & Ratings for Francesca's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Francesca's and related companies with MarketBeat.com's FREE daily email newsletter.