Francesca's Holdings Corp (NASDAQ:FRAN) – KeyCorp cut their FY2018 EPS estimates for shares of Francesca's in a report released on Wednesday. KeyCorp analyst E. Yruma now anticipates that the specialty retailer will post earnings per share of $0.52 for the year, down from their previous forecast of $0.69. KeyCorp also issued estimates for Francesca's’ Q4 2018 earnings at $0.20 EPS, Q1 2019 earnings at $0.12 EPS, Q4 2019 earnings at $0.21 EPS and FY2019 earnings at $0.57 EPS.
Francesca's (NASDAQ:FRAN) last announced its quarterly earnings data on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03). The business had revenue of $105.80 million during the quarter, compared to the consensus estimate of $106.02 million. Francesca's had a return on equity of 23.19% and a net margin of 5.52%. The business’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 EPS.
A number of other analysts have also commented on FRAN. B. Riley reissued a “neutral” rating on shares of Francesca's in a research report on Wednesday, November 1st. ValuEngine lowered shares of Francesca's from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. SunTrust Banks set a $8.00 price objective on shares of Francesca's and gave the stock a “buy” rating in a research report on Friday, January 5th. 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 equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $10.67.
Shares of Francesca's (FRAN) traded up $0.17 during mid-day trading on Monday, hitting $5.95. 947,771 shares of the stock were exchanged, compared to its average volume of 2,337,309. The company has a market capitalization of $212.55, a price-to-earnings ratio of 8.38, a PEG ratio of 0.88 and a beta of 0.23. Francesca's has a twelve month low of $5.31 and a twelve month high of $19.09.
In other news, CEO Steven Paul Lawrence bought 10,000 shares of the stock in a transaction that occurred on Thursday, January 11th. The shares were acquired at an average cost of $5.56 per share, for a total transaction of $55,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.19% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Dalton Greiner Hartman Maher & Co. increased its holdings in Francesca's by 36.3% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 547,320 shares of the specialty retailer’s stock worth $4,001,000 after buying an additional 145,649 shares during the last quarter. Cetera Advisor Networks LLC acquired a new position in Francesca's during the third quarter worth $124,000. Cubist Systematic Strategies LLC increased its holdings in Francesca's by 233.9% during the third quarter. Cubist Systematic Strategies LLC now owns 77,084 shares of the specialty retailer’s stock worth $567,000 after buying an additional 53,998 shares during the last quarter. KBC Group NV increased its holdings in Francesca's by 45.0% during the third quarter. KBC Group NV now owns 154,351 shares of the specialty retailer’s stock worth $1,136,000 after buying an additional 47,882 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Francesca's during the third 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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