Francesca’s Holdings Corp. (FRAN) Price Target Increased to $15.00 by Analysts at Jefferies Group
Francesca’s Holdings Corp. (NASDAQ:FRAN) had its price target boosted by investment analysts at Jefferies Group from $13.00 to $15.00 in a research note issued on Wednesday, StockTargetPrices.com reports. The brokerage presently has a “hold” rating on the stock. Jefferies Group’s target price suggests a potential downside of 1.12% from the company’s current price.
FRAN has been the topic of a number of other reports. Mizuho raised their price target on shares of Francesca’s Holdings Corp. from $11.00 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, September 7th. FBR & Co increased their price objective on shares of Francesca’s Holdings Corp. from $12.00 to $14.00 and gave the company a “mkt perform” rating in a research report on Thursday, September 8th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Francesca’s Holdings Corp. in a research report on Saturday, June 11th. Zacks Investment Research raised shares of Francesca’s Holdings Corp. from a “strong sell” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Tuesday, August 9th. Finally, SunTrust Banks Inc. increased their price objective on shares of Francesca’s Holdings Corp. from $16.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, September 8th. Eight investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $16.38.
Francesca’s Holdings Corp. (NASDAQ:FRAN) opened at 15.17 on Wednesday. Francesca’s Holdings Corp. has a 52-week low of $9.75 and a 52-week high of $19.90. The firm has a 50 day moving average of $14.09 and a 200-day moving average of $14.25. The company has a market capitalization of $575.23 million, a price-to-earnings ratio of 15.67 and a beta of 1.23.
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Francesca’s Holdings Corp. (NASDAQ:FRAN) last released its quarterly earnings results on Wednesday, September 7th. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. Francesca’s Holdings Corp. had a net margin of 8.54% and a return on equity of 33.84%. The business had revenue of $115.30 million for the quarter, compared to analysts’ expectations of $109.16 million. During the same period last year, the business earned $0.22 EPS. The company’s revenue was up 8.8% compared to the same quarter last year. Equities analysts expect that Francesca’s Holdings Corp. will post $1.00 EPS for the current year.
In other news, insider Laurie Hummel bought 9,500 shares of the business’s stock in a transaction dated Friday, June 24th. The stock was purchased at an average cost of $10.46 per share, with a total value of $99,370.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 1.13% of the company’s stock.
Institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new position in Francesca’s Holdings Corp. during the second quarter valued at $111,000. Fox Run Management L.L.C. bought a new stake in Francesca’s Holdings Corp. during the second quarter worth about $119,000. BNP Paribas Arbitrage SA boosted its stake in Francesca’s Holdings Corp. by 99.3% in the second quarter. BNP Paribas Arbitrage SA now owns 13,189 shares of the company’s stock worth $146,000 after buying an additional 6,570 shares in the last quarter. Pacific Ridge Capital Partners LLC bought a new stake in Francesca’s Holdings Corp. during the second quarter worth about $179,000. Finally, Capstone Asset Management Co. boosted its stake in Francesca’s Holdings Corp. by 5.7% in the second quarter. Capstone Asset Management Co. now owns 16,916 shares of the company’s stock worth $187,000 after buying an additional 910 shares in the last quarter. 96.01% of the stock is owned by hedge funds and other institutional investors.
About Francesca’s Holdings Corp.
Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.
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