Francesca's Holdings Corp (NASDAQ:FRAN) – Analysts at Wedbush decreased their Q1 2018 earnings per share (EPS) estimates for Francesca's Holdings Corp in a research report issued on Tuesday, according to Zacks Investment Research. Wedbush analyst M. Brown now anticipates that the specialty retailer will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.22. Wedbush currently has a “Neutral” rating and a $16.00 target price on the stock. Wedbush also issued estimates for Francesca's Holdings Corp’s Q2 2018 earnings at $0.23 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.50 EPS, FY2018 earnings at $1.11 EPS and FY2019 earnings at $1.13 EPS.
Francesca's Holdings Corp (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, March 21st. The specialty retailer reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.02. Francesca's Holdings Corp had a return on equity of 37.74% and a net margin of 8.84%. The firm earned $146.30 million during the quarter, compared to the consensus estimate of $145.77 million. During the same quarter in the previous year, the company posted $0.35 EPS. The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another website, it was stolen and republished in violation of international copyright and trademark laws. The correct version of this piece of content can be read at https://www.com-unik.info/2017/04/21/q1-2018-earnings-forecast-for-francescas-holdings-corp-fran-issued-by-wedbush-updated-updated.html.
Other analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Francesca's Holdings Corp from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Wednesday, March 22nd. Jefferies Group LLC set a $17.00 price target on shares of Francesca's Holdings Corp and gave the stock a “hold” rating in a research note on Tuesday, January 10th. Mizuho decreased their price target on shares of Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating for the company in a research note on Tuesday, March 21st. Finally, FBR & Co reissued an “underperform” rating and issued a $14.00 price target on shares of Francesca's Holdings Corp in a research note on Tuesday, March 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $16.78.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) traded down 0.38% during trading on Thursday, reaching $15.53. The company’s stock had a trading volume of 605,139 shares. The company has a market cap of $583.01 million, a PE ratio of 14.25 and a beta of 0.77. Francesca's Holdings Corp has a 52-week low of $9.75 and a 52-week high of $22.39. The firm’s 50-day moving average is $15.71 and its 200 day moving average is $17.07.
Several large investors have recently bought and sold shares of the stock. LSV Asset Management purchased a new stake in Francesca's Holdings Corp during the third quarter worth approximately $257,000. Prudential Financial Inc. boosted its stake in Francesca's Holdings Corp by 75.6% in the third quarter. Prudential Financial Inc. now owns 1,745,728 shares of the specialty retailer’s stock worth $26,937,000 after buying an additional 751,540 shares during the last quarter. Advisors Preferred LLC purchased a new stake in Francesca's Holdings Corp during the third quarter worth approximately $321,000. Smith Asset Management Group LP boosted its stake in Francesca's Holdings Corp by 444.8% in the third quarter. Smith Asset Management Group LP now owns 34,483 shares of the specialty retailer’s stock worth $532,000 after buying an additional 28,153 shares during the last quarter. Finally, Alps Advisors Inc. purchased a new stake in Francesca's Holdings Corp during the third quarter worth approximately $426,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.
In other Francesca's Holdings Corp news, insider Khalid Mir Malik sold 110,692 shares of the firm’s stock in a transaction that occurred on Tuesday, March 28th. The shares were sold at an average price of $15.95, for a total transaction of $1,765,537.40. Following the completion of the transaction, the insider now owns 66,781 shares of the company’s stock, valued at $1,065,156.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.13% of the stock is currently owned by company insiders.
Francesca's Holdings Corp Company Profile
Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
What are top analysts saying about Francesca's Holdings Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Francesca's Holdings Corp and related companies.