Francesca's Holdings Corp (NASDAQ:FRAN) – Stock analysts at B. Riley reduced their FY2018 EPS estimates for shares of Francesca's in a research note issued to investors on Tuesday. B. Riley analyst S. Anderson now forecasts that the specialty retailer will post earnings of $0.55 per share for the year, down from their previous forecast of $0.67. B. Riley has a “Hold” rating and a $6.00 price objective on the stock. B. Riley also issued estimates for Francesca's’ FY2019 earnings at $0.63 EPS.
A number of other equities analysts have also issued reports on the stock. SunTrust Banks set a $8.00 price target on shares of Francesca's and gave the stock a “buy” rating in a research report on Friday, January 5th. ValuEngine lowered shares of Francesca's from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. BidaskClub raised shares of Francesca's from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. TheStreet lowered shares of Francesca's from a “c” rating to a “d+” rating in a research report on Tuesday, December 5th. Finally, Zacks Investment Research lowered shares of Francesca's from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $10.67.
Francesca's (NASDAQ:FRAN) last released its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). The company 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 23.19% and a net margin of 5.52%. The firm’s revenue for the quarter was down 11.5% on a year-over-year basis. During the same quarter last year, the business earned $0.23 earnings per share.
Large investors have recently bought and sold shares of the company. Koch Industries Inc. purchased a new position in shares of Francesca's during the 2nd quarter valued at approximately $110,000. Cetera Advisor Networks LLC purchased a new position in shares of Francesca's during the 3rd quarter valued at approximately $124,000. FNY Managed Accounts LLC purchased a new stake in Francesca's in the 3rd quarter worth $135,000. SG Americas Securities LLC purchased a new stake in Francesca's in the 2nd quarter worth $151,000. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in Francesca's in the 3rd quarter worth $186,000.
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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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