Shares of Francesca’s Holdings Corp (NASDAQ:FRAN) fell 8.3% during mid-day trading on Wednesday following a dissappointing earnings announcement. The company traded as low as $3.80 and last traded at $3.54. 74,559 shares traded hands during trading, a decline of 93% from the average session volume of 1,082,174 shares. The stock had previously closed at $3.86.

The specialty retailer reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.03). The company had revenue of $113.00 million during the quarter, compared to the consensus estimate of $120.77 million. Francesca’s had a return on equity of 9.35% and a net margin of 1.58%. The business’s revenue was down 5.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 EPS.

Several brokerages have commented on FRAN. BidaskClub raised shares of Francesca’s from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, June 26th. ValuEngine raised shares of Francesca’s from a “hold” rating to a “buy” rating in a research report on Wednesday, August 15th. B. Riley lifted their price objective on shares of Francesca’s from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, August 15th. Zacks Investment Research lowered shares of Francesca’s from a “buy” rating to a “sell” rating in a research report on Monday, August 20th. Finally, TheStreet raised shares of Francesca’s from a “d+” rating to a “c-” rating in a research report on Friday, June 1st. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $5.67.

Hedge funds and other institutional investors have recently bought and sold shares of the company. MetLife Investment Advisors LLC bought a new stake in shares of Francesca’s in the second quarter valued at approximately $133,000. Victory Capital Management Inc. bought a new stake in shares of Francesca’s in the first quarter valued at approximately $134,000. First Mercantile Trust Co. bought a new stake in shares of Francesca’s in the second quarter valued at approximately $159,000. Exencial Wealth Advisors LLC raised its position 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 period. Finally, Quantitative Systematic Strategies LLC bought a new stake in shares of Francesca’s in the second quarter valued at approximately $192,000. 98.40% of the stock is currently owned by institutional investors.

The stock has a market cap of $218.93 million, a PE ratio of 7.37 and a beta of 0.05.

Francesca’s Company Profile (NASDAQ:FRAN)

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.

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