Francesca's Holdings Corp’s Buy Rating Reaffirmed at Nomura (FRAN)
Francesca's Holdings Corp (NASDAQ:FRAN)‘s stock had its “buy” rating reiterated by equities research analysts at Nomura in a research note issued to investors on Friday. They currently have a $19.00 target price on the stock, down from their previous target price of $22.00. Nomura’s price objective suggests a potential upside of 41.26% from the company’s current price.
A number of other firms have also recently commented on FRAN. Analysts at Buckingham Research initiated coverage on shares of Francesca's Holdings Corp in a research note on Thursday, July 24th. They set a “neutral” rating and a $14.00 price target on the stock. Separately, analysts at Mizuho cut their price target on shares of Francesca's Holdings Corp from $14.00 to $13.00 in a research note on Wednesday, July 23rd. They now have a “neutral” rating on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Francesca's Holdings Corp has an average rating of “Hold” and a consensus price target of $18.86.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) opened at 13.45 on Friday. Francesca's Holdings Corp has a 52-week low of $12.39 and a 52-week high of $24.81. The stock has a 50-day moving average of $13. and a 200-day moving average of $16.73. The company has a market cap of $567.8 million and a price-to-earnings ratio of 13.22.
Francesca's Holdings Corp (NASDAQ:FRAN) last released its earnings data on Tuesday, June 10th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.26 earnings per share. Francesca's Holdings Corp’s revenue was up 8.1% compared to the same quarter last year. Analysts expect that Francesca's Holdings Corp will post $1.06 EPS for the current fiscal year.
Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer. As of February 1, 2014, the Company’s operated 451 boutiques in 45 states and the District of Columbia and also served its customers through www.
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