Francesca’s Holdings Corp. (FRAN) Shares Down 2.8%
Francesca’s Holdings Corp. (NASDAQ:FRAN) traded down 2.8% during trading on Tuesday . The company traded as low as $13.70 and last traded at $13.75, with a volume of 359,905 shares changing hands. The stock had previously closed at $14.14.
A number of research analysts recently commented on FRAN shares. Jefferies Group reaffirmed a “hold” rating on shares of Francesca’s Holdings Corp. in a research report on Monday, August 22nd. Zacks Investment Research raised shares of Francesca’s Holdings Corp. from a “strong sell” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Tuesday, August 9th. Nomura reaffirmed a “buy” rating and issued a $13.00 target price on shares of Francesca’s Holdings Corp. in a research report on Wednesday, July 6th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Francesca’s Holdings Corp. in a research report on Saturday, June 11th. Finally, Mizuho reaffirmed a “hold” rating and issued a $11.00 target price on shares of Francesca’s Holdings Corp. in a research report on Friday, June 10th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $14.67.
The stock has a market capitalization of $551.74 million and a P/E ratio of 15.02. The company has a 50 day moving average of $13.07 and a 200-day moving average of $14.63.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last posted its quarterly earnings data on Thursday, June 9th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. The company earned $106.10 million during the quarter. The firm’s revenue for the quarter was up 11.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.17 earnings per share. On average, equities analysts expect that Francesca’s Holdings Corp. will post $0.87 earnings per share for the current fiscal year.
In related news, insider Laurie Hummel acquired 9,500 shares of Francesca’s Holdings Corp. stock in a transaction that occurred on Friday, June 24th. The stock was acquired at an average price of $10.46 per share, with a total value of $99,370.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Richard W. Kunes acquired 20,000 shares of Francesca’s Holdings Corp. stock in a transaction that occurred on Monday, June 13th. The stock was bought at an average cost of $10.56 per share, with a total value of $211,200.00. Following the acquisition, the chief executive officer now directly owns 20,000 shares of the company’s stock, valued at $211,200. The disclosure for this purchase can be found here.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.