Francesca’s Holdings Corp.’s “Buy” Rating Reaffirmed at Nomura (FRAN)
Francesca’s Holdings Corp. (NASDAQ:FRAN)‘s stock had its “buy” rating restated by research analysts at Nomura in a report released on Tuesday, StockRatingsNetwork.com reports.
Shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) traded up 4.55% during mid-day trading on Tuesday, hitting $20.45. 1,028,280 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’s 50-day moving average is $18.83 and its 200-day moving average is $20.48. The company has a market cap of $859.1 million and a price-to-earnings ratio of 17.78.
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 previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. On average, analysts predict that Francesca’s Holdings Corp. will post $1.06 earnings per share for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Francesca’s Holdings Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 15th. They now have a $21.70 price target on the stock. Separately, 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, January 14th. Finally, 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, January 14th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $27.13.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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