Mizuho Lowers Francesca's Holdings Corp Price Target to $13.00 (FRAN)
Investment analysts at Mizuho dropped their price target on shares of Francesca's Holdings Corp (NASDAQ:FRAN) from $14.00 to $13.00 in a note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock. Mizuho’s target price would indicate a potential downside of 3.56% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity cut their price target on shares of Francesca's Holdings Corp from $28.00 to $17.00 in a research note on Friday, July 18th. They now have a “buy” rating on the stock. Separately, 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. Finally, 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. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $18.81.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) opened at 13.48 on Wednesday. Francesca's Holdings Corp has a 52-week low of $13.12 and a 52-week high of $28.02. The stock has a 50-day moving average of $14.61 and a 200-day moving average of $17.33. The company has a market cap of $569.0 million and a price-to-earnings ratio of 13.91.
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. 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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