Francesca’s (FRAN) Lowered to “D+” at TheStreet

Francesca’s (NASDAQ:FRAN) was downgraded by TheStreet from a “c” rating to a “d+” rating in a note issued to investors on Tuesday.

A number of other brokerages have also commented on FRAN. B. Riley reaffirmed a “hold” rating and issued a $8.00 price target on shares of Francesca’s in a research note on Tuesday. Jefferies Group set a $9.00 price objective on Francesca’s and gave the company a “hold” rating in a research report on Monday, August 21st. Zacks Investment Research raised Francesca’s from a “sell” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub lowered Francesca’s from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Finally, KeyCorp reissued 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 one has assigned a buy rating to the company. Francesca’s currently has an average rating of “Hold” and a consensus target price of $11.33.

Shares of Francesca’s (NASDAQ:FRAN) traded down $0.38 during mid-day trading on Tuesday, reaching $6.14. The company had a trading volume of 3,145,800 shares, compared to its average volume of 1,039,838. Francesca’s has a 12 month low of $6.11 and a 12 month high of $22.39. The stock has a market capitalization of $235.89, a price-to-earnings ratio of 9.06, a price-to-earnings-growth ratio of 0.54 and a beta of 0.23.

Francesca’s (NASDAQ:FRAN) last announced its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Francesca’s had a return on equity of 23.19% and a net margin of 5.52%. The business had revenue of $105.80 million during the quarter, compared to analysts’ expectations of $106.02 million. During the same period in the previous year, the business earned $0.23 EPS. The business’s revenue was down 11.5% compared to the same quarter last year. sell-side analysts forecast that Francesca’s will post 0.68 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. Koch Industries Inc. purchased a new position in shares of Francesca’s in the 2nd quarter worth about $110,000. Cetera Advisor Networks LLC purchased a new position in shares of Francesca’s in the 3rd quarter worth about $124,000. FNY Managed Accounts LLC purchased a new position in shares of Francesca’s in the 3rd quarter worth about $135,000. Municipal Employees Retirement System of Michigan raised its position in shares of Francesca’s by 57.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 13,670 shares of the specialty retailer’s stock worth $149,000 after purchasing an additional 4,980 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of Francesca’s in the 2nd quarter worth about $151,000.

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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)

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