Q3 2018 EPS Estimates for Francesca's Holdings Corp Lifted by Analyst (FRAN)

Francesca's Holdings Corp (NASDAQ:FRAN) – Analysts at KeyCorp increased their Q3 2018 earnings per share (EPS) estimates for Francesca's Holdings Corp in a research note issued on Tuesday, according to Zacks Investment Research. KeyCorp analyst E. Yruma now forecasts that the specialty retailer will earn $0.28 per share for the quarter, up from their prior estimate of $0.25.

A number of other brokerages have also recently weighed in on FRAN. Zacks Investment Research cut shares of Francesca's Holdings Corp from a “buy” rating to a “hold” rating in a report on Thursday, March 2nd. FBR & Co reissued an “underperform” rating and set a $14.00 target price on shares of Francesca's Holdings Corp in a report on Tuesday, March 21st. Wedbush dropped their target price on shares of Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating on the stock in a report on Tuesday, March 21st. Mizuho dropped their price objective on shares of Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating on the stock in a report on Tuesday, March 21st. Finally, Jefferies Group LLC set a $17.00 price objective on shares of Francesca's Holdings Corp and gave the stock a “hold” rating in a report on Tuesday, January 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. Francesca's Holdings Corp currently has a consensus rating of “Hold” and a consensus 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 midday trading on Friday, hitting $15.53. 605,139 shares of the stock were exchanged. The firm has a market cap of $583.01 million, a P/E ratio of 14.25 and a beta of 0.77. Francesca's Holdings Corp has a 12-month low of $9.75 and a 12-month high of $22.39. The firm has a 50 day moving average of $15.71 and a 200 day moving average of $17.07.

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

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

Institutional investors have recently made changes to their positions in the stock. Numeric Investors LLC raised its position in shares of Francesca's Holdings Corp by 9,824.6% in the fourth quarter. Numeric Investors LLC now owns 1,240,578 shares of the specialty retailer’s stock worth $22,368,000 after buying an additional 1,228,078 shares in the last quarter. Norges Bank bought a new position in shares of Francesca's Holdings Corp during the fourth quarter worth about $14,982,000. Prudential Financial Inc. raised its position in shares of Francesca's Holdings Corp by 75.6% in the third quarter. Prudential Financial Inc. now owns 1,745,728 shares of the specialty retailer’s stock worth $26,937,000 after buying an additional 751,540 shares in the last quarter. Paradigm Capital Management Inc. NY raised its position in shares of Francesca's Holdings Corp by 1,350.5% in the third quarter. Paradigm Capital Management Inc. NY now owns 609,200 shares of the specialty retailer’s stock worth $9,400,000 after buying an additional 567,200 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Francesca's Holdings Corp during the third quarter worth about $5,513,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

About Francesca's Holdings Corp

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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