Francesca's Holdings Corp PT Lowered to $17.00 (FRAN)
Investment analysts at Canaccord Genuity decreased their price objective on shares of Francesca's Holdings Corp (NASDAQ:FRAN) from $28.00 to $17.00 in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 23.46% from the company’s current price.
A number of other firms have also recently commented on FRAN. Analysts at Zacks downgraded shares of Francesca's Holdings Corp from a “neutral” rating to an “underperform” rating in a research note on Friday, June 13th. They now have a $13.50 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Francesca's Holdings Corp in a research note on Thursday, June 12th. They now have a $16.00 price target on the stock, down previously from $19.00. Finally, analysts at SunTrust reiterated a “buy” rating on shares of Francesca's Holdings Corp in a research note on Wednesday, June 11th. They now have a $20.00 price target on the stock, down previously from $24.00. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Francesca's Holdings Corp currently has an average rating of “Hold” and an average target price of $19.04.
Francesca's Holdings Corp (NASDAQ:FRAN) opened at 13.77 on Friday. Francesca's Holdings Corp has a 1-year low of $13.12 and a 1-year high of $29.10. The stock has a 50-day moving average of $14.7 and a 200-day moving average of $17.44. The company has a market cap of $581.3 million and a P/E ratio of 14.19.
Francesca's Holdings Corp (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, June 10th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.26 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. Analysts expect that Francesca's Holdings Corp will post $1.07 EPS for the current fiscal year.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is a holding company.
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