Francesca’s (FRAN) Rating Reiterated by B. Riley

Francesca’s (NASDAQ:FRAN)‘s stock had its “hold” rating reiterated by analysts at B. Riley in a research report issued to clients and investors on Tuesday. They currently have a $8.00 target price on the specialty retailer’s stock. B. Riley’s target price indicates a potential upside of 22.70% from the stock’s current price. B. Riley also issued estimates for Francesca’s’ Q4 2018 earnings at $0.35 EPS, FY2018 earnings at $0.67 EPS and FY2019 earnings at $0.71 EPS.

Several other brokerages also recently weighed in on FRAN. Zacks Investment Research raised Francesca’s from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. FBR & Co set a $10.00 price target on Francesca’s and gave the stock a “hold” rating in a report on Tuesday, August 15th. BidaskClub downgraded Francesca’s from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. ValuEngine downgraded Francesca’s from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, KeyCorp reissued a “hold” rating on shares of Francesca’s in a report on Friday, August 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $11.33.

Shares of Francesca’s (NASDAQ FRAN) opened at $6.52 on Tuesday. The firm has a market capitalization of $286.53, a PE ratio of 8.04, a price-to-earnings-growth ratio of 0.60 and a beta of 0.23. Francesca’s has a twelve month low of $6.33 and a twelve month high of $22.39.

Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). The business had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.02 million. Francesca’s had a return on equity of 31.88% and a net margin of 7.28%. Francesca’s’s revenue was down 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.23 EPS. research analysts anticipate that Francesca’s will post 0.75 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. lifted its holdings in shares of Francesca’s by 0.3% during the second quarter. Alps Advisors Inc. now owns 29,733 shares of the specialty retailer’s stock worth $325,000 after purchasing an additional 77 shares during the period. Isthmus Partners LLC lifted its holdings in shares of Francesca’s by 0.8% during the second quarter. Isthmus Partners LLC now owns 38,419 shares of the specialty retailer’s stock worth $420,000 after purchasing an additional 318 shares during the period. Thrivent Financial For Lutherans lifted its holdings in shares of Francesca’s by 2.6% during the second quarter. Thrivent Financial For Lutherans now owns 22,100 shares of the specialty retailer’s stock worth $242,000 after purchasing an additional 570 shares during the period. Parametric Portfolio Associates LLC lifted its holdings in shares of Francesca’s by 1.6% during the second quarter. Parametric Portfolio Associates LLC now owns 47,751 shares of the specialty retailer’s stock worth $522,000 after purchasing an additional 772 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Francesca’s by 0.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 237,427 shares of the specialty retailer’s stock worth $2,598,000 after purchasing an additional 1,206 shares during the period.

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Francesca’s 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.

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