Analysts Set Francesca's Holdings Corp (FRAN) Target Price at $16.78

Francesca's Holdings Corp (NASDAQ:FRAN) has been assigned an average recommendation of “Hold” from the thirteen research firms that are covering the company. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $16.78.

Several brokerages have recently commented on FRAN. Zacks Investment Research raised Francesca's Holdings Corp from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research note on Wednesday, March 22nd. Jefferies Group LLC set a $17.00 price objective on Francesca's Holdings Corp and gave the stock a “hold” rating in a research note on Tuesday, January 10th. Wedbush lowered their price objective on Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday, March 21st. Mizuho lowered their price objective on 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 objective on shares of Francesca's Holdings Corp in a research note on Tuesday, March 21st.

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Francesca's Holdings Corp (NASDAQ:FRAN) remained flat at $15.59 during mid-day trading on Tuesday. The stock had a trading volume of 262,894 shares. The stock has a market capitalization of $585.26 million, a P/E ratio of 14.30 and a beta of 0.77. Francesca's Holdings Corp has a 1-year low of $9.75 and a 1-year high of $22.39. The company’s 50 day moving average is $15.71 and its 200 day moving average is $17.07.

Francesca's Holdings Corp (NASDAQ:FRAN) last posted its quarterly earnings results on Tuesday, March 21st. The specialty retailer reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $146.30 million for the quarter, compared to the consensus estimate of $145.77 million. During the same period in the prior year, the business earned $0.35 EPS. The firm’s revenue for the quarter was up 8.7% on a year-over-year basis. Analysts forecast that Francesca's Holdings Corp will post $1.15 EPS for the current fiscal year.

In other Francesca's Holdings Corp news, insider Khalid Mir Malik sold 110,692 shares of the stock in a transaction on Tuesday, March 28th. The stock was 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 directly owns 66,781 shares of the company’s stock, valued at $1,065,156.95. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.13% of the stock is currently owned by corporate insiders.

Institutional investors have recently bought and sold shares of the company. Municipal Employees Retirement System of Michigan raised its position 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. Louisiana State Employees Retirement System raised its position 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. Thrivent Financial for Lutherans raised its position in Francesca's Holdings Corp by 3.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 20,400 shares of the specialty retailer’s stock worth $368,000 after buying an additional 670 shares during the last quarter. Isthmus Partners LLC raised its position in Francesca's Holdings Corp by 3.5% in the third quarter. Isthmus Partners LLC now owns 37,813 shares of the specialty retailer’s stock worth $628,000 after buying an additional 1,273 shares during the last quarter. Finally, Laurion Capital Management LP raised its position in Francesca's Holdings Corp by 10.0% in the third quarter. Laurion Capital Management LP now owns 16,000 shares of the specialty retailer’s stock worth $247,000 after buying an additional 1,458 shares during the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

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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