Francesca’s (FRAN) Stock Rating Lowered by BidaskClub

Francesca’s (NASDAQ:FRAN) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Wednesday.

Other research analysts also recently issued research reports about the stock. ValuEngine downgraded shares of Francesca’s from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. TheStreet upgraded shares of Francesca’s from a “d+” rating to a “c-” rating in a report on Friday, June 1st. B. Riley upgraded shares of Francesca’s from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $7.00 to $8.00 in a report on Monday, June 18th. Finally, Zacks Investment Research upgraded shares of Francesca’s from a “sell” rating to a “hold” rating in a report on Wednesday, May 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Francesca’s has an average rating of “Hold” and an average price target of $7.25.

Shares of Francesca’s stock traded down $0.05 during trading on Wednesday, reaching $7.54. 18,085 shares of the company traded hands, compared to its average volume of 703,216. Francesca’s has a 1-year low of $4.51 and a 1-year high of $8.76. The company has a market capitalization of $267.26 million, a PE ratio of 14.42, a PEG ratio of 1.00 and a beta of 0.15.

Francesca’s (NASDAQ:FRAN) last released its quarterly earnings data on Tuesday, June 5th. The specialty retailer reported ($0.11) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.11). Francesca’s had a net margin of 1.58% and a return on equity of 9.35%. The firm had revenue of $100.40 million for the quarter, compared to the consensus estimate of $101.48 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The business’s revenue was down 6.8% on a year-over-year basis. analysts anticipate that Francesca’s will post 0.59 earnings per share for the current fiscal year.

In other news, Director Richard J. Emmett bought 10,000 shares of the stock in a transaction dated Thursday, June 7th. The stock was bought at an average price of $6.37 per share, for a total transaction of $63,700.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. MetLife Investment Advisors LLC purchased a new stake in shares of Francesca’s in the fourth quarter valued at about $137,000. First Mercantile Trust Co. purchased a new stake in shares of Francesca’s in the second quarter valued at about $159,000. Exencial Wealth Advisors LLC raised its holdings in shares of Francesca’s by 58.3% in the second quarter. Exencial Wealth Advisors LLC now owns 21,339 shares of the specialty retailer’s stock valued at $161,000 after purchasing an additional 7,855 shares during the last quarter. Symons Capital Management Inc. purchased a new stake in shares of Francesca’s in the first quarter valued at about $119,000. Finally, Quantitative Systematic Strategies LLC purchased a new stake in shares of Francesca’s in the second quarter valued at about $192,000. Institutional investors own 94.67% of the company’s stock.

About Francesca’s

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.

Featured Article: Average Daily Trade Volume – What It Means In Stock Trading

Analyst Recommendations for Francesca`s (NASDAQ:FRAN)

Receive News & Ratings for Francesca's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Francesca's and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply