Francesca’s Holdings Corp. CFO Acquires $79,200 in Stock (FRAN)
Francesca’s Holdings Corp. (NASDAQ:FRAN) CFO Mark Vendetti bought 4,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were purchased at an average price of $19.80 per share, for a total transaction of $79,200.00. Following the completion of the transaction, the chief financial officer now directly owns 4,000 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on FRAN. Analysts at JPMorgan Chase & Co. cut their price target on shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) from $32.00 to $22.00 in a research note to investors on Thursday, September 12th. They now have a “neutral” rating on the stock. Separately, analysts at Nomura initiated coverage on shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) in a research note to investors on Monday, September 9th. They set a “buy” rating and a $23.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, September 6th. They now have a $17.40 price target on the stock.
One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $29.26.
Shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) traded down 0.36% during mid-day trading on Tuesday, hitting $19.35. 1,342,908 shares of the company’s stock traded hands. Francesca’s Holdings Corp. has a 52 week low of $17.62 and a 52 week high of $32.43. The stock has a 50-day moving average of $22.90 and a 200-day moving average of $26.76. The company has a market cap of $853.1 million and a price-to-earnings ratio of 17.04.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last posted its quarterly earnings results on Wednesday, September 4th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.02. The company had revenue of $89.60 million for the quarter, compared to the consensus estimate of $94.63 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 17.3% on a year-over-year basis. Analysts expect that Francesca’s Holdings Corp. will post $1.14 EPS for the current fiscal year.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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