Equities Analysts Set Expectations for Francesca's Holdings Corp’s FY2018 Earnings (FRAN)

Francesca's Holdings Corp (NASDAQ:FRAN) – Stock analysts at William Blair dropped their FY2018 EPS estimates for shares of Francesca's Holdings Corp in a note issued to investors on Tuesday, according to Zacks Investment Research. William Blair analyst A. Noblin now expects that the specialty retailer will post earnings of $1.17 per share for the year, down from their previous estimate of $1.20. William Blair also issued estimates for Francesca's Holdings Corp’s Q4 2018 earnings at $0.52 EPS.

Other research analysts have also issued research reports about the company. Zacks Investment Research raised 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. Wedbush dropped their price target on Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, March 21st. FBR & Co reiterated an “underperform” rating and set a $14.00 price target on shares of Francesca's Holdings Corp in a research report on Tuesday, March 21st. Mizuho dropped their price target on Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating for the company in a research report on Tuesday, March 21st. Finally, Jefferies Group LLC set a $17.00 price target on Francesca's Holdings Corp and gave the company a “hold” rating in a research report on Tuesday, January 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Francesca's Holdings Corp has an average rating of “Hold” and an average target price of $16.78.

Earnings History and Estimates for Francesca's Holdings Corp (NASDAQ:FRAN)

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Shares of Francesca's Holdings Corp (NASDAQ:FRAN) traded down 0.38% during trading on Thursday, reaching $15.53. 605,139 shares of the company were exchanged. The firm’s 50 day moving average price is $15.71 and its 200 day moving average price is $17.07. The company has a market capitalization of $583.01 million, a PE ratio of 14.25 and a beta of 0.77. Francesca's Holdings Corp has a one year low of $9.75 and a one year high of $22.39.

Francesca's Holdings Corp (NASDAQ:FRAN) last issued its earnings results on Tuesday, March 21st. The specialty retailer reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.02. The business had revenue of $146.30 million for the quarter, compared to the consensus estimate of $145.77 million. Francesca's Holdings Corp had a net margin of 8.84% and a return on equity of 37.74%. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 earnings per share.

In related news, insider Khalid Mir Malik sold 110,692 shares of the business’s stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of $15.95, for a total value of $1,765,537.40. Following the completion of the sale, the insider now owns 66,781 shares in the company, valued at approximately $1,065,156.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.13% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Hartford Investment Management Co. purchased a new stake in Francesca's Holdings Corp during the third quarter worth $156,000. Acrospire Investment Management LLC increased its stake in Francesca's Holdings Corp by 106.8% in the third quarter. Acrospire Investment Management LLC now owns 11,781 shares of the specialty retailer’s stock worth $182,000 after buying an additional 6,085 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in Francesca's Holdings Corp by 0.9% in the third quarter. Municipal Employees Retirement System of Michigan now owns 12,560 shares of the specialty retailer’s stock worth $194,000 after buying an additional 110 shares during the last quarter. Stevens Capital Management LP purchased a new stake in Francesca's Holdings Corp during the third quarter worth $197,000. Finally, Louisiana State Employees Retirement System increased its stake in Francesca's Holdings Corp by 1.3% in the first quarter. Louisiana State Employees Retirement System now owns 15,400 shares of the specialty retailer’s stock worth $236,000 after buying an additional 200 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

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.

5 Day Chart for NASDAQ:FRAN

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