Francesca’s Holdings Corp. (FRAN) Stock Price Down 2.8%
Francesca’s Holdings Corp. (NASDAQ:FRAN)’s share price dropped 2.8% on Tuesday . The company traded as low as $13.70 and last traded at $13.75, with a volume of 359,905 shares. The stock had previously closed at $14.14.
FRAN has been the subject of a number of research analyst reports. Stifel Nicolaus reaffirmed a “hold” rating on shares of Francesca’s Holdings Corp. in a research note on Saturday, June 11th. SunTrust Banks Inc. dropped their target price on shares of 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. Wedbush downgraded shares of Francesca’s Holdings Corp. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, May 17th. Zacks Investment Research upgraded shares of Francesca’s Holdings Corp. from a “strong sell” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Tuesday, August 9th. Finally, Wolfe Research cut shares of Francesca’s Holdings Corp. from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, May 17th. 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 an average price target of $14.67.
The company has a market cap of $539.90 million and a PE ratio of 14.694. The firm’s 50-day moving average price is $13.14 and its 200 day moving average price is $14.60.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last posted 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. The company earned $106.10 million during the quarter. During the same period in the prior year, the business earned $0.17 earnings per share. The company’s revenue was up 11.7% on a year-over-year basis. On average, equities research analysts expect that Francesca’s Holdings Corp. will post $0.87 EPS for the current year.
In other Francesca’s Holdings Corp. news, insider Laurie Hummel acquired 9,500 shares of the company’s stock in a transaction that occurred on Friday, June 24th. The stock was acquired at an average price of $10.46 per share, for a total transaction of $99,370.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Richard W. Kunes acquired 20,000 shares of the company’s stock in a transaction that occurred on Monday, June 13th. The stock was acquired at an average price of $10.56 per share, with a total value of $211,200.00. Following the acquisition, the chief executive officer now owns 20,000 shares in the company, 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.
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