Francesca’s Holdings Corp. Stock Rating Upgraded by Zacks (FRAN)
Francesca’s Holdings Corp. (NASDAQ:FRAN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a $21.70 price target on the stock. Zacks‘ target price would indicate a potential upside of 2.65% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Susquehanna raised their price target on shares of Francesca’s Holdings Corp. from $22.00 to $25.00 in a research note to investors on Tuesday. Separately, analysts at Cowen and Company raised their price target on shares of Francesca’s Holdings Corp. from $23.00 to $25.00 in a research note to investors on Tuesday. Finally, analysts at Mizuho raised their price target on shares of Francesca’s Holdings Corp. from $18.00 to $20.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $26.76.
Shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) traded down 1.54% on Wednesday, hitting $20.815. 581,363 shares of the company’s stock traded hands. Francesca’s Holdings Corp. has a 52-week low of $15.62 and a 52-week high of $32.43. The stock has a 50-day moving average of $18.3 and a 200-day moving average of $20.92. The company has a market cap of $874.5 million and a P/E ratio of 19.22.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last announced its earnings results on Thursday, December 5th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The company had revenue of $79.60 million for the quarter, compared to the consensus estimate of $79.20 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 10.6% on a year-over-year basis. Analysts expect that Francesca’s Holdings Corp. will post $1.06 EPS for the current fiscal year.
In other Francesca’s Holdings Corp. news, COO Theresa Rose Backes sold 30,700 shares of the stock on the open market in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $20.00, for a total value of $614,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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