Francesca's Holdings Corp Given New $28.00 Price Target at Canaccord Genuity (FRAN)
Equities researchers at Canaccord Genuity dropped their price target on shares of Francesca's Holdings Corp (NASDAQ:FRAN) from $29.00 to $28.00 in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target would indicate a potential upside of 83.25% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Cowen and Company reiterated an “outperform” rating on shares of Francesca's Holdings Corp in a research note on Monday. They now have a $22.00 price target on the stock, down previously from $25.00. Separately, analysts at Mizuho cut their price target on shares of Francesca's Holdings Corp from $18.00 to $16.00 in a research note on Wednesday, June 4th. They now have a “neutral” rating on the stock. Finally, 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. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Francesca's Holdings Corp has a consensus rating of “Hold” and an average target price of $22.70.
Francesca's Holdings Corp (NASDAQ:FRAN) traded down 12.30% on Tuesday, hitting $13.40. 3,500,702 shares of the company’s stock traded hands. Francesca's Holdings Corp has a one year low of $14.77 and a one year high of $29.54. The stock has a 50-day moving average of $16.0 and a 200-day moving average of $18.12. The company has a market cap of $565.0 million and a price-to-earnings ratio of 14.98.
Francesca's Holdings Corp (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, June 10th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.22 by $0.02. The company had revenue of $85.40 million for the quarter, compared to the consensus estimate of $88.11 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 8.1% on a year-over-year basis. On average, analysts predict that Francesca's Holdings Corp will post $1.21 earnings per share for the current fiscal year.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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