Jefferies Group LLC reiterated their hold rating on shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) in a research report released on Friday morning. Jefferies Group LLC currently has a $11.00 target price on the specialty retailer’s stock.
A number of other analysts also recently weighed in on the stock. Zacks Investment Research raised shares of Francesca’s Holdings Corporation from a hold rating to a buy rating and set a $18.00 target price for the company in a research report on Wednesday, March 22nd. ValuEngine downgraded shares of Francesca’s Holdings Corporation from a strong-buy rating to a buy rating in a research report on Friday, June 2nd. FBR & Co raised shares of Francesca’s Holdings Corporation from an underperform rating to a market perform rating and set a $14.00 target price for the company in a research report on Wednesday, May 31st. Mizuho decreased their target price on shares of Francesca’s Holdings Corporation from $18.00 to $17.00 and set a neutral rating for the company in a research report on Tuesday, March 21st. Finally, Wedbush decreased their target price on shares of Francesca’s Holdings Corporation from $20.00 to $16.00 and set a neutral rating for the company in a research report on Tuesday, March 21st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $16.38.
Francesca’s Holdings Corporation (NASDAQ:FRAN) traded down 2.10% during midday trading on Friday, reaching $9.81. 534,856 shares of the company’s stock traded hands. Francesca’s Holdings Corporation has a 52-week low of $9.72 and a 52-week high of $22.39. The stock has a 50-day moving average of $12.17 and a 200 day moving average of $15.84. The company has a market cap of $364.18 million, a P/E ratio of 9.44 and a beta of 0.20.
Francesca’s Holdings Corporation (NASDAQ:FRAN) last released its quarterly earnings data on Tuesday, June 6th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.02. Francesca’s Holdings Corporation had a net margin of 8.03% and a return on equity of 36.12%. The firm had revenue of $107.70 million during the quarter, compared to analyst estimates of $113.15 million. During the same period in the prior year, the company earned $0.18 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, analysts anticipate that Francesca’s Holdings Corporation will post $1.07 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This piece was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another website, it was copied illegally and reposted in violation of United States & international trademark & copyright law. The original version of this piece can be accessed at https://stocknewstimes.com/2017/07/18/francescas-holdings-corporations-fran-hold-rating-reiterated-at-jefferies-group-llc.html.
Several institutional investors have recently modified their holdings of FRAN. Vanguard Group Inc. boosted its position in shares of Francesca’s Holdings Corporation by 3.5% in the first quarter. Vanguard Group Inc. now owns 3,498,328 shares of the specialty retailer’s stock worth $53,700,000 after buying an additional 119,693 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Francesca’s Holdings Corporation by 24.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,043,121 shares of the specialty retailer’s stock worth $31,364,000 after buying an additional 398,888 shares in the last quarter. State Street Corp boosted its position in shares of Francesca’s Holdings Corporation by 7.2% in the first quarter. State Street Corp now owns 1,208,729 shares of the specialty retailer’s stock worth $18,556,000 after buying an additional 80,769 shares in the last quarter. Norges Bank purchased a new position in shares of Francesca’s Holdings Corporation during the fourth quarter worth about $14,982,000. Finally, Teachers Advisors LLC boosted its position in shares of Francesca’s Holdings Corporation by 19.0% in the first quarter. Teachers Advisors LLC now owns 721,054 shares of the specialty retailer’s stock worth $11,068,000 after buying an additional 115,193 shares in the last quarter.
About Francesca’s Holdings Corporation
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.
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.
