Francesca's Holdings Corp Upgraded by Zacks to “Neutral” (FRAN)
Francesca's Holdings Corp (NASDAQ:FRAN) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday. The firm currently has a $13.70 price target on the stock. Zacks‘s price target points to a potential upside of 2.47% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Francesca's Holdings Corp in a research note on Friday. They now have a $19.00 price target on the stock, down previously from $22.00. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Francesca's Holdings Corp currently has an average rating of “Hold” and an average target price of $18.51.
Francesca's Holdings Corp (NASDAQ:FRAN) traded down 4.04% during mid-day trading on Tuesday, hitting $12.83. The stock had a trading volume of 398,890 shares. Francesca's Holdings Corp has a 52-week low of $12.39 and a 52-week high of $24.81. The stock’s 50-day moving average is $13.92 and its 200-day moving average is $16.63. The company has a market cap of $541.6 million and a P/E ratio of 13.62.
Francesca's Holdings Corp (NASDAQ:FRAN) last released its 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. On average, analysts predict that Francesca's Holdings Corp will post $1.06 earnings per share 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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