Analysts expect Francesca’s Holdings Corp (NASDAQ:FRAN) to report $101.35 million in sales for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for Francesca’s’ earnings, with the highest sales estimate coming in at $102.30 million and the lowest estimate coming in at $100.00 million. Francesca’s posted sales of $107.69 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 5.9%. The company is expected to report its next quarterly earnings results on Tuesday, June 5th.
On average, analysts expect that Francesca’s will report full year sales of $488.43 million for the current year, with estimates ranging from $486.10 million to $492.00 million. For the next financial year, analysts anticipate that the company will report sales of $505.33 million per share, with estimates ranging from $486.00 million to $519.10 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Francesca’s.
Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, March 27th. The specialty retailer reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. Francesca’s had a return on equity of 16.52% and a net margin of 3.30%. The company had revenue of $138.50 million for the quarter, compared to analyst estimates of $138.50 million. During the same period last year, the company earned $0.39 earnings per share. Francesca’s’s quarterly revenue was down 5.3% compared to the same quarter last year.
FRAN has been the topic of several research analyst reports. Zacks Investment Research lowered Francesca’s from a “hold” rating to a “sell” rating in a report on Friday, March 30th. ValuEngine upgraded Francesca’s from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Jefferies Group restated a “hold” rating and issued a $5.00 target price on shares of Francesca’s in a research report on Tuesday, March 27th. B. Riley set a $6.00 target price on Francesca’s and gave the company a “hold” rating in a research report on Tuesday, March 27th. Finally, William Blair restated a “market perform” rating on shares of Francesca’s in a research report on Tuesday, March 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $6.75.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in Francesca’s by 66.4% during the third quarter. JPMorgan Chase & Co. now owns 58,191 shares of the specialty retailer’s stock worth $427,000 after buying an additional 23,229 shares in the last quarter. Wells Fargo & Company MN lifted its position in Francesca’s by 22.3% during the third quarter. Wells Fargo & Company MN now owns 76,344 shares of the specialty retailer’s stock worth $562,000 after buying an additional 13,899 shares in the last quarter. Legato Capital Management LLC lifted its position in Francesca’s by 134.1% during the fourth quarter. Legato Capital Management LLC now owns 118,423 shares of the specialty retailer’s stock worth $866,000 after buying an additional 67,836 shares in the last quarter. Jennison Associates LLC lifted its position in Francesca’s by 68.6% during the fourth quarter. Jennison Associates LLC now owns 106,738 shares of the specialty retailer’s stock worth $780,000 after buying an additional 43,446 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new position in Francesca’s during the fourth quarter worth approximately $150,000. Institutional investors and hedge funds own 96.91% of the company’s stock.
FRAN traded up $0.04 during trading on Friday, hitting $5.77. The company’s stock had a trading volume of 280,099 shares, compared to its average volume of 1,046,875. Francesca’s has a twelve month low of $4.51 and a twelve month high of $13.89. The firm has a market cap of $198.85 million and a P/E ratio of 11.09.
Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.
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