Francesca’s Holdings Corporation (NASDAQ:FRAN) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “Francesca’s Holdings Corporation is a specialty retailer of women’s apparel products. The Company operates a chain of retail boutiques in the United States. It offers apparel, jewelry, accessories, and gifts to female customers. The company also sells its products through e-commerce Website, francescascollections.com. Francesca’s Holdings Corporation is headquartered in Houston, Texas. “

A number of other equities research analysts have also commented on the company. FBR & Co upgraded Francesca’s Holdings Corporation from an “underperform” rating to a “market perform” rating and set a $14.00 price objective for the company in a research report on Wednesday, May 31st. ValuEngine downgraded Francesca’s Holdings Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $11.00 price target on shares of Francesca’s Holdings Corporation in a research note on Friday, July 14th. Finally, BidaskClub raised Francesca’s Holdings Corporation from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $16.38.

Francesca’s Holdings Corporation (FRAN) traded up 1.87% during mid-day trading on Tuesday, reaching $9.28. 799,787 shares of the company were exchanged. The stock’s 50-day moving average is $10.15 and its 200-day moving average is $14.25. Francesca’s Holdings Corporation has a 12 month low of $8.68 and a 12 month high of $22.39. The company has a market cap of $344.50 million, a P/E ratio of 8.93 and a beta of 0.17.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last announced its quarterly earnings data on Tuesday, June 6th. The specialty retailer reported $0.12 EPS for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.02. Francesca’s Holdings Corporation had a return on equity of 36.12% and a net margin of 8.03%. The business had revenue of $107.70 million for the quarter, compared to analyst estimates of $113.15 million. During the same quarter in the previous year, the business posted $0.18 earnings per share. The company’s revenue was up 1.5% compared to the same quarter last year. Equities analysts expect that Francesca’s Holdings Corporation will post $1.07 earnings per share for the current year.

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Several hedge funds and other institutional investors have recently modified their holdings of FRAN. Chicago Equity Partners LLC increased its position in shares of Francesca’s Holdings Corporation by 1.5% in the first quarter. Chicago Equity Partners LLC now owns 25,150 shares of the specialty retailer’s stock worth $386,000 after buying an additional 360 shares during the last quarter. Wedge Capital Management L L P NC increased its position in shares of Francesca’s Holdings Corporation by 13.9% in the first quarter. Wedge Capital Management L L P NC now owns 14,306 shares of the specialty retailer’s stock worth $220,000 after buying an additional 1,745 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Francesca’s Holdings Corporation by 6.3% in the first quarter. Great West Life Assurance Co. Can now owns 52,694 shares of the specialty retailer’s stock worth $808,000 after buying an additional 3,106 shares during the last quarter. Geneva Advisors LLC increased its position in shares of Francesca’s Holdings Corporation by 175.9% in the first quarter. Geneva Advisors LLC now owns 35,442 shares of the specialty retailer’s stock worth $544,000 after buying an additional 22,598 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Francesca’s Holdings Corporation by 71.8% in the first quarter. Wells Fargo & Company MN now owns 67,160 shares of the specialty retailer’s stock worth $1,032,000 after buying an additional 28,078 shares during the last quarter.

Francesca’s Holdings Corporation Company Profile

Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.

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Analyst Recommendations for Francesca`s Holdings Corporation (NASDAQ:FRAN)

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