Francesca’s Holdings Corp. (FRAN) Trading Up 5.6%
Francesca’s Holdings Corp. (NASDAQ:FRAN) shares were up 5.6% during trading on Friday . The company traded as high as $13.28 and last traded at $13.28, with a volume of 648,264 shares trading hands. The stock had previously closed at $12.57.
A number of research analysts have commented on FRAN shares. Stifel Nicolaus restated a “hold” rating on shares of Francesca’s Holdings Corp. in a research note on Saturday, June 11th. SunTrust Banks Inc. decreased their price target on Francesca’s Holdings Corp. from $22.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, May 18th. Wolfe Research upgraded Francesca’s Holdings Corp. from a “peer perform” rating to an “outperform” rating and set a $20.00 price target for the company in a research note on Wednesday, April 13th. Wedbush downgraded Francesca’s Holdings Corp. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, May 17th. Finally, FBR & Co decreased their price target on Francesca’s Holdings Corp. from $19.00 to $12.00 and set a “market perform” rating for the company in a research note on Friday, June 10th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.83.
The stock has a market capitalization of $530.06 million and a PE ratio of 14.43. The company’s 50-day moving average is $11.85 and its 200-day moving average is $15.11.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last released its earnings results on Thursday, June 9th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The company earned $106.10 million during the quarter. The business’s revenue was up 11.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.17 earnings per share. Equities analysts expect that Francesca’s Holdings Corp. will post $0.87 earnings per share for the current year.
In related news, CEO Richard W. Kunes bought 20,000 shares of the stock in a transaction that occurred on Monday, June 13th. The shares were acquired at an average price of $10.56 per share, with a total value of $211,200.00. Following the completion of the transaction, the chief executive officer now owns 20,000 shares in the company, valued at $211,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Laurie Hummel bought 9,500 shares of the stock in a transaction that occurred on Friday, June 24th. The stock was bought at an average cost of $10.46 per share, for a total transaction of $99,370.00. The disclosure for this purchase can be found here.
An institutional investor recently raised its position in Francesca’s Holdings Corp. stock. Paradigm Capital Management Inc. NY increased its position in shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 713,366 shares of the company’s stock after buying an additional 8,066 shares during the period. Francesca’s Holdings Corp. comprises approximately 1.4% of Paradigm Capital Management Inc. NY’s investment portfolio, making the stock its 25th largest position. Paradigm Capital Management Inc. NY owned about 1.71% of Francesca’s Holdings Corp. worth $12,420,000 at the end of the most recent reporting period.
Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.
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