SunTrust Reiterates Buy Rating for Francesca's Holdings Corp (FRAN)
Francesca's Holdings Corp (NASDAQ:FRAN)‘s stock had its “buy” rating restated by SunTrust in a research note issued on Wednesday. They currently have a $20.00 price objective on the stock, down from their previous price objective of $24.00. SunTrust’s price target suggests a potential upside of 47.60% from the company’s current price.
Francesca's Holdings Corp (NASDAQ:FRAN) traded up 2.03% during mid-day trading on Wednesday, hitting $13.825. 2,219,643 shares of the company’s stock traded hands. Francesca's Holdings Corp has a one year low of $13.12 and a one year high of $29.54. The stock has a 50-day moving average of $15.93 and a 200-day moving average of $18.07. The company has a market cap of $582.9 million and a price-to-earnings ratio of 13.28.
Francesca's Holdings Corp (NASDAQ:FRAN) last released its 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.
Several other analysts have also recently commented on the stock. Analysts at Avondale Partners downgraded shares of Francesca's Holdings Corp from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Separately, analysts at FBR Capital Markets cut their price target on shares of Francesca's Holdings Corp from $19.00 to $15.00 in a research note on Wednesday. They now have a “market perform” rating on the stock. Finally, analysts at RBC Capital cut their price target on shares of Francesca's Holdings Corp from $28.00 to $23.00 in a research note on Wednesday. They now have an “outperform” 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. Francesca's Holdings Corp currently has a consensus rating of “Hold” and an average price target of $20.98.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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