Franchise Brands (LON:FRAN) Hits New 1-Year High – Time to Buy?

Shares of Franchise Brands plc (LON:FRAN) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 159 and last traded at GBX 159, with a volume of 56082 shares trading hands. The stock had previously closed at GBX 157.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 185 price objective on shares of Franchise Brands in a report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 197.50.

Franchise Brands Stock Performance

The company has a debt-to-equity ratio of 35.66, a quick ratio of 1.57 and a current ratio of 1.18. The stock’s 50 day moving average price is GBX 150.11 and its 200 day moving average price is GBX 140.80. The company has a market capitalization of £304.62 million, a P/E ratio of 28.29 and a beta of 0.51.

Franchise Brands (LON:FRAN) last announced its earnings results on Wednesday, July 29th. The company reported GBX 4.81 earnings per share for the quarter. Franchise Brands had a net margin of 7.37% and a return on equity of 4.87%. As a group, equities analysts expect that Franchise Brands plc will post 11.3266098 EPS for the current year.

Insiders Place Their Bets

In other Franchise Brands news, insider Neil Miller acquired 8,000 shares of the stock in a transaction dated Thursday, August 20th. The stock was purchased at an average cost of GBX 153 per share, with a total value of £12,240. Insiders own 32.04% of the company’s stock.

Franchise Brands Company Profile

Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise brands focused on essential services through a mobile workforce. We have clarity of purpose which is acquire, develop and scale proven franchise businesses. Our focus is to help our franchise partners grow their businesses, so that “as they grow, we grow”.

Our franchise partners benefit from our One Franchise Brands platform which includes shared, bespoke technology systems, a strategic growth maximisation methodology and management franchising expertise.

We have 7 franchise brands in 10 countries, 265 franchise partners in the three core B2B divisions, 261 B2C franchise partners and approximately 2,500 mobile service vehicles.