SunTrust Banks Weighs in on Francesca's Holdings Corp’s Q1 2018 Earnings (FRAN)

Francesca's Holdings Corp (NASDAQ:FRAN) – Equities researchers at SunTrust Banks issued their Q1 2018 EPS estimates for shares of Francesca's Holdings Corp in a research report issued to clients and investors on Tuesday, Zacks Investment Research reports. SunTrust Banks analyst P. Quintiliano anticipates that the specialty retailer will post earnings of $0.16 per share for the quarter. SunTrust Banks also issued estimates for Francesca's Holdings Corp’s Q2 2018 earnings at $0.28 EPS, Q3 2018 earnings at $0.28 EPS and FY2019 earnings at $1.33 EPS.

A number of other brokerages have also issued reports on FRAN. Zacks Investment Research lowered 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 issued a $14.00 price objective on shares of Francesca's Holdings Corp in a report on Tuesday, March 21st. Wedbush lowered their target price on shares of 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 target price on shares of 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, Jefferies Group LLC set a $17.00 target price on shares of Francesca's Holdings Corp and gave the stock a “hold” rating in a research note on Tuesday, January 10th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average 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 mid-day trading on Thursday, reaching $15.53. 605,139 shares of the company’s stock were exchanged. 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. The stock has a market capitalization of $583.01 million, a PE ratio of 14.25 and a beta of 0.77.

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

In other news, insider Khalid Mir Malik sold 110,692 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $1,065,156.95. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.13% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Numeric Investors LLC raised its position in 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 valued at $22,368,000 after buying an additional 1,228,078 shares during the last quarter. Norges Bank acquired a new position in Francesca's Holdings Corp during the fourth quarter valued at approximately $14,982,000. Prudential Financial Inc. raised its position in 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 valued at $26,937,000 after buying an additional 751,540 shares during the last quarter. Paradigm Capital Management Inc. NY raised its position in 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 valued at $9,400,000 after buying an additional 567,200 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in Francesca's Holdings Corp during the third quarter valued at approximately $5,513,000. 97.73% of the stock is owned by institutional investors and hedge funds.

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.

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