Francesca’s (NASDAQ:FRAN)‘s stock had its “hold” rating reissued by research analysts at B. Riley in a report issued on Tuesday. They presently have a $8.00 price objective on the specialty retailer’s stock. B. Riley’s target price would indicate a potential upside of 15.27% from the stock’s current price. B. Riley also issued estimates for Francesca’s’ Q4 2018 earnings at $0.35 EPS, FY2018 earnings at $0.67 EPS and FY2019 earnings at $0.71 EPS.

Several other equities analysts also recently commented on the stock. Jefferies Group set a $9.00 price target on shares of Francesca’s and gave the company a “hold” rating in a report on Monday, August 21st. Zacks Investment Research upgraded shares of Francesca’s from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. BidaskClub downgraded shares of Francesca’s from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. KeyCorp reiterated a “hold” rating on shares of Francesca’s in a report on Friday, August 25th. Finally, ValuEngine downgraded shares of Francesca’s from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $12.71.

Shares of Francesca’s (FRAN) traded down $0.86 during midday trading on Tuesday, hitting $6.94. 6,252,200 shares of the stock traded hands, compared to its average volume of 1,021,551. The stock has a market cap of $286.53, a PE ratio of 8.04, a price-to-earnings-growth ratio of 0.60 and a beta of 0.23. Francesca’s has a 52-week low of $6.33 and a 52-week high of $22.39.

Francesca’s (NASDAQ:FRAN) last announced its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $105.80 million for the quarter, compared to analysts’ expectations of $106.02 million. Francesca’s had a net margin of 7.28% and a return on equity of 31.88%. The firm’s quarterly revenue was down 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 earnings per share. equities research analysts predict that Francesca’s will post 0.75 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of FRAN. Koch Industries Inc. bought a new position in Francesca’s in the 2nd quarter worth about $110,000. Cetera Advisor Networks LLC bought a new position in shares of Francesca’s during the third quarter valued at approximately $124,000. FNY Managed Accounts LLC bought a new position in shares of Francesca’s during the third quarter valued at approximately $135,000. Municipal Employees Retirement System of Michigan boosted its stake in shares of Francesca’s by 57.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock valued at $149,000 after purchasing an additional 4,980 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Francesca’s during the second quarter valued at approximately $151,000.

COPYRIGHT VIOLATION WARNING: “B. Riley Reaffirms “Hold” Rating for Francesca’s (FRAN)” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/06/b-riley-reaffirms-hold-rating-for-francescas-fran.html.

Francesca’s 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.

Analyst Recommendations for Francesca`s (NASDAQ:FRAN)

Receive News & Ratings for Francesca's Holdings Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Francesca's Holdings Corporation and related companies with MarketBeat.com's FREE daily email newsletter.