Francesca's Holdings Corp Shares Down 0.7% on Analyst Downgrade (FRAN)
Francesca's Holdings Corp (NASDAQ:FRAN) shares fell 0.7% on Thursday after Mizuho lowered their price target on the stock from $18.00 to $16.00, American Banking News.com reports. Mizuho currently has a neutral rating on the stock. Francesca's Holdings Corp traded as low as $14.80 and last traded at $15.04, with a volume of 549,740 shares trading hands. The stock had previously closed at $15.15.
Several other analysts have also recently commented on the stock. Analysts at KeyCorp cut their price target on shares of Francesca's Holdings Corp from $24.00 to $22.00 in a research note on Thursday, March 27th. Separately, analysts at Wedbush cut their price target on shares of Francesca's Holdings Corp from $25.00 to $24.00 in a research note on Thursday, March 27th. Finally, analysts at Susquehanna cut their price target on shares of Francesca's Holdings Corp from $24.00 to $21.00 in a research note on Thursday, March 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $23.06.
The stock’s 50-day moving average is $16.12 and its 200-day moving average is $18.23. The company has a market cap of $636.6 million and a price-to-earnings ratio of 14.85.
Francesca's Holdings Corp (NASDAQ:FRAN) last posted its quarterly earnings results on Wednesday, March 26th. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.28 by $0.01. The company had revenue of $92.10 million for the quarter, compared to the consensus estimate of $94.33 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The company’s quarterly revenue was up 6.2% on a year-over-year basis. Analysts expect that Francesca's Holdings Corp will post $1.22 EPS for the current fiscal year.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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