Francesca’s Holdings Corp. (NASDAQ:FRAN) – Investment analysts at Jefferies Group upped their Q3 2017 earnings per share estimates for shares of Francesca’s Holdings Corp. in a research report issued to clients and investors on Wednesday. Jefferies Group analyst R. Konik now forecasts that the brokerage will post earnings of $0.18 per share for the quarter, up from their prior forecast of $0.15. Jefferies Group currently has a “Hold” rating on the stock. Jefferies Group also issued estimates for Francesca’s Holdings Corp.’s Q4 2017 earnings at $0.39 EPS, FY2017 earnings at $1.01 EPS and FY2018 earnings at $1.15 EPS.
Francesca’s Holdings Corp. (NASDAQ:FRAN) last posted its quarterly earnings data on Wednesday, September 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.09. During the same period in the previous year, the business earned $0.22 earnings per share. The company had revenue of $115.30 million for the quarter, compared to analysts’ expectations of $109.16 million. The business’s revenue for the quarter was up 8.8% on a year-over-year basis.
A number of other research firms also recently commented on FRAN. FBR & Co upped their price objective on shares of Francesca’s Holdings Corp. from $12.00 to $14.00 and gave the company a “mkt perform” rating in a research note on Thursday. Nomura increased their target price on shares of Francesca’s Holdings Corp. from $14.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday. Wedbush increased their target price on shares of Francesca’s Holdings Corp. from $14.00 to $16.00 and gave the stock a “neutral” rating in a research report on Thursday. SunTrust Banks Inc. increased their target price on shares of Francesca’s Holdings Corp. from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Stifel Nicolaus reissued a “hold” rating and set a $16.00 target price (up previously from $14.00) on shares of Francesca’s Holdings Corp. in a research report on Thursday. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $16.08.
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Francesca’s Holdings Corp. (NASDAQ:FRAN) traded up 7.08% during trading on Thursday, reaching $16.03. 2,822,628 shares of the company’s stock traded hands. Francesca’s Holdings Corp. has a one year low of $9.75 and a one year high of $19.90. The stock has a market cap of $643.70 million, a P/E ratio of 17.52 and a beta of 1.23. The firm’s 50 day moving average price is $13.37 and its 200-day moving average price is $14.49.
In other Francesca’s Holdings Corp. news, insider Laurie Hummel bought 9,500 shares of Francesca’s Holdings Corp. stock in a transaction dated Friday, June 24th. The stock was bought at an average cost of $10.46 per share, for a total transaction of $99,370.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Richard W. Kunes bought 20,000 shares of Francesca’s Holdings Corp. stock in a transaction dated Monday, June 13th. The shares were acquired at an average price of $10.56 per share, with a total value of $211,200.00. Following the completion of the purchase, the chief executive officer now owns 20,000 shares in the company, valued at approximately $211,200. The disclosure for this purchase can be found here. Insiders own 1.13% of the company’s stock.
Francesca’s Holdings Corp. Company Profile
Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.
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