Brokers Offer Predictions for Francesca’s Holdings Corporation’s FY2018 Earnings (FRAN)
Francesca’s Holdings Corporation (NASDAQ:FRAN) – Stock analysts at B. Riley cut their FY2018 earnings estimates for shares of Francesca’s in a research note issued to investors on Tuesday. B. Riley analyst S. Anderson now anticipates that the specialty retailer will post earnings of $0.67 per share for the year, down from their previous estimate of $0.78. B. Riley has a “Hold” rating and a $8.00 price objective on the stock. B. Riley also issued estimates for Francesca’s’ Q4 2018 earnings at $0.35 EPS and FY2019 earnings at $0.71 EPS.
Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). Francesca’s had a net margin of 7.28% and a return on equity of 31.88%. The company had revenue of $105.80 million for the quarter, compared to analyst estimates of $106.02 million. During the same period last year, the company posted $0.23 earnings per share. The business’s revenue for the quarter was down 11.5% on a year-over-year basis.
Shares of Francesca’s (NASDAQ FRAN) traded down $0.86 during midday trading on Wednesday, reaching $6.94. The company had a trading volume of 6,252,200 shares, compared to its average volume of 1,021,551. Francesca’s has a 1 year low of $6.33 and a 1 year high of $22.39. The firm has a market capitalization of $286.53, a PE ratio of 8.04, a PEG ratio of 0.60 and a beta of 0.23.
A number of large investors have recently added to or reduced their stakes in FRAN. Paradigm Capital Management Inc. NY raised its stake in Francesca’s by 152.8% in the third quarter. Paradigm Capital Management Inc. NY now owns 1,935,300 shares of the specialty retailer’s stock valued at $14,244,000 after buying an additional 1,169,786 shares during the period. Renaissance Technologies LLC raised its stake in Francesca’s by 54.7% in the second quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock valued at $16,057,000 after buying an additional 519,206 shares during the period. Boston Partners bought a new stake in Francesca’s in the second quarter valued at approximately $4,979,000. Vanguard Group Inc. raised its stake in Francesca’s by 11.5% in the second quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock valued at $42,673,000 after buying an additional 402,270 shares during the period. Finally, Schroder Investment Management Group raised its stake in Francesca’s by 8,143.2% in the second quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock valued at $4,055,000 after buying an additional 358,300 shares during the period.
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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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