Francesca’s (NASDAQ:FRAN) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

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. “

Several other research analysts have also commented on FRAN. FBR & Co set a $10.00 price objective on Francesca’s and gave the stock a “hold” rating in a report on Tuesday, August 15th. BidaskClub lowered Francesca’s from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Jefferies Group set a $9.00 price objective on Francesca’s and gave the stock a “hold” rating in a report on Monday, August 21st. SunTrust Banks cut their price objective on Francesca’s from $15.00 to $10.00 and set a “buy” rating for the company in a report on Tuesday, August 22nd. Finally, KeyCorp restated a “hold” rating on shares of Francesca’s in a research report on Friday, August 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. Francesca’s presently has a consensus rating of “Hold” and a consensus price target of $11.33.

Francesca’s (NASDAQ:FRAN) traded down $0.38 during mid-day trading on Thursday, reaching $6.14. The company’s stock had a trading volume of 3,145,879 shares, compared to its average volume of 1,039,808. The stock has a market cap of $254.94, a price-to-earnings ratio of 9.64, a PEG ratio of 0.59 and a beta of 0.23. Francesca’s has a 1-year low of $6.11 and a 1-year high of $22.39.

Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). Francesca’s had a return on equity of 23.03% and a net margin of 5.52%. The business had revenue of $105.80 million for the quarter, compared to analysts’ expectations of $106.02 million. During the same period in the previous year, the firm posted $0.23 EPS. The firm’s revenue for the quarter was down 11.5% compared to the same quarter last year. sell-side analysts predict that Francesca’s will post 0.67 earnings per share for the current fiscal year.

Hedge funds have recently made changes to their positions in the business. Koch Industries Inc. bought a new stake in Francesca’s in the second quarter valued at approximately $110,000. Verition Fund Management LLC bought a new stake in Francesca’s in the second quarter valued at approximately $224,000. Gotham Asset Management LLC lifted its position in Francesca’s by 26.0% in the second quarter. Gotham Asset Management LLC now owns 101,220 shares of the specialty retailer’s stock valued at $1,107,000 after purchasing an additional 20,865 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Francesca’s by 10.9% in the second quarter. Goldman Sachs Group Inc. now owns 300,769 shares of the specialty retailer’s stock valued at $3,290,000 after purchasing an additional 29,596 shares during the last quarter. Finally, Voya Investment Management LLC lifted its position in Francesca’s by 469.7% in the second quarter. Voya Investment Management LLC now owns 103,942 shares of the specialty retailer’s stock valued at $1,137,000 after purchasing an additional 85,698 shares during the last quarter.

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About Francesca’s

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 (NASDAQ:FRAN)

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