Francesca’s Holdings Corp. (FRAN) Stock Price Up 3.5%
Shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) rose 3.5% during trading on Thursday . The stock traded as high as $14.11 and last traded at $14.09, with a volume of 323,243 shares changing hands. The stock had previously closed at $13.62.
FRAN has been the subject of several analyst reports. Nomura reiterated a “buy” rating and set a $13.00 price objective on shares of Francesca’s Holdings Corp. in a report on Wednesday, July 6th. Zacks Investment Research upgraded Francesca’s Holdings Corp. from a “strong sell” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Tuesday, August 9th. Mizuho reiterated a “hold” rating and set a $11.00 price objective on shares of Francesca’s Holdings Corp. in a report on Friday, June 10th. Jefferies Group lowered Francesca’s Holdings Corp. from a “buy” rating to a “hold” rating and reduced their target price for the stock from $22.00 to $11.00 in a research note on Tuesday, May 17th. Finally, Wolfe Research lowered Francesca’s Holdings Corp. from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, May 17th. Nine analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $14.67.
The company’s 50 day moving average price is $12.57 and its 200-day moving average price is $14.85. The firm has a market cap of $569.41 million and a PE ratio of 15.50.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last issued its earnings results on Thursday, June 9th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.01. During the same period in the prior year, the firm posted $0.17 EPS. The firm had revenue of $106.10 million for the quarter. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, equities analysts predict that Francesca’s Holdings Corp. will post $0.87 earnings per share for the current fiscal year.
In other news, CEO Richard W. Kunes bought 20,000 shares of the stock in a transaction that occurred on Monday, June 13th. The stock was purchased at an average price of $10.56 per share, for a total transaction of $211,200.00. Following the completion of the purchase, the chief executive officer now owns 20,000 shares in the company, valued at approximately $211,200. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Laurie Hummel bought 9,500 shares of the stock in a transaction that occurred on Friday, June 24th. The shares were purchased at an average price of $10.46 per share, with a total value of $99,370.00. 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.
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