Franchise Brands (LON:FRAN) Insider Buys £10,850 in Stock

Franchise Brands plc (LON:FRAN) insider Neil Miller purchased 7,000 shares of the stock in a transaction dated Monday, October 12th. The shares were purchased at an average cost of GBX 155 per share, for a total transaction of £10,850.

Neil Miller also recently made the following trade(s):

• On Thursday, August 20th, Neil Miller acquired 8,000 shares of Franchise Brands stock. The stock was purchased at an average cost of GBX 153 per share, with a total value of £12,240.

Franchise Brands Trading Up 0.3%

Shares of FRAN opened at GBX 152.50 on Friday. Franchise Brands plc has a 12-month low of GBX 104.66 and a 12-month high of GBX 161.04. The firm has a market capitalization of £292.16 million, a P/E ratio of 27.14 and a beta of 0.47. The firm has a 50-day moving average price of GBX 154.08 and a 200 day moving average price of GBX 145.09. The company has a current ratio of 1.18, a quick ratio of 1.57 and a debt-to-equity ratio of 35.66.

Franchise Brands (LON:FRAN) last issued its earnings results on Wednesday, July 29th. The company reported GBX 4.81 EPS for the quarter. Franchise Brands had a net margin of 7.37% and a return on equity of 4.87%. Sell-side analysts forecast that Franchise Brands plc will post 11.33 EPS for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 185 price objective on shares of Franchise Brands in a report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of GBX 197.50.

About Franchise Brands

Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise brands focused on essential services through a mobile workforce. We have clarity of purpose which is acquire, develop and scale proven franchise businesses. Our focus is to help our franchise partners grow their businesses, so that “as they grow, we grow”.

Our franchise partners benefit from our One Franchise Brands platform which includes shared, bespoke technology systems, a strategic growth maximisation methodology and management franchising expertise.

We have 7 franchise brands in 10 countries, 265 franchise partners in the three core B2B divisions, 261 B2C franchise partners and approximately 2,500 mobile service vehicles.