Francesca’s (FRAN) Receives “Hold” Rating from B. Riley

B. Riley restated their hold rating on shares of Francesca’s (NASDAQ:FRAN) in a research report released on Tuesday. The firm currently has a $8.00 price target on the specialty retailer’s stock. 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 research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Francesca’s from a strong sell rating to a hold rating in a research note on Tuesday, November 7th. ValuEngine lowered shares of Francesca’s from a buy rating to a hold rating in a research note on Friday, September 1st. KeyCorp reissued a hold rating on shares of Francesca’s in a research note on Friday, August 25th. FBR & Co reissued a neutral rating and set a $8.00 target price (down from $10.00) on shares of Francesca’s in a research note on Wednesday, September 6th. Finally, SunTrust Banks cut their target price on shares of Francesca’s from $15.00 to $10.00 and set a buy rating on the stock in a research note on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $12.71.

Shares of Francesca’s (NASDAQ:FRAN) traded down $0.86 during midday trading on Tuesday, reaching $6.94. 6,252,200 shares of the company traded hands, compared to its average volume of 1,021,551. The company has a market capitalization of $286.53, a price-to-earnings ratio of 8.04, a PEG ratio of 0.60 and a beta of 0.23. Francesca’s has a fifty-two week low of $6.33 and a fifty-two week high of $22.39.

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

Institutional investors have recently added to or reduced their stakes in the business. Koch Industries Inc. bought a new position in shares of Francesca’s in the second quarter valued at $110,000. Cetera Advisor Networks LLC bought a new position in shares of Francesca’s in the third quarter valued at $124,000. FNY Managed Accounts LLC bought a new position in shares of Francesca’s in the third quarter valued at $135,000. Municipal Employees Retirement System of Michigan lifted its stake in shares of Francesca’s by 57.3% in 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 buying an additional 4,980 shares in the last quarter. Finally, SG Americas Securities LLC bought a new position in shares of Francesca’s in the second quarter valued at $151,000.

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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.

Analyst Recommendations for Francesca`s (NASDAQ:FRAN)

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