BidaskClub Upgrades Francesca’s (FRAN) to “Strong-Buy”

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Francesca’s (NASDAQ:FRAN) was upgraded by research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Tuesday.

A number of other equities analysts also recently issued reports on the company. William Blair reissued a “market perform” rating on shares of Francesca’s in a research note on Tuesday, March 27th. TheStreet raised Francesca’s from a “d+” rating to a “c-” rating in a research note on Friday, June 1st. B. Riley raised Francesca’s from a “neutral” rating to a “buy” rating and increased their target price for the stock from $7.00 to $8.00 in a research note on Monday, June 18th. ValuEngine downgraded Francesca’s from a “hold” rating to a “sell” rating in a research note on Saturday, June 2nd. Finally, Zacks Investment Research raised Francesca’s from a “sell” rating to a “hold” rating in a research note on Wednesday, May 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $7.25.

FRAN opened at $7.60 on Tuesday. The company has a market cap of $276.27 million, a price-to-earnings ratio of 25.53, a P/E/G ratio of 1.08 and a beta of 0.05. Francesca’s has a 52 week low of $4.51 and a 52 week high of $11.53.

Francesca’s (NASDAQ:FRAN) last posted its quarterly earnings data on Tuesday, June 5th. The specialty retailer reported ($0.11) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.11). The firm had revenue of $100.40 million during the quarter, compared to the consensus estimate of $101.48 million. Francesca’s had a return on equity of 9.35% and a net margin of 1.58%. The firm’s revenue was down 6.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.12 EPS. equities research analysts predict that Francesca’s will post 0.57 earnings per share for the current year.

In other Francesca’s news, Director Richard J. Emmett bought 10,000 shares of the business’s stock in a transaction dated Thursday, June 7th. The stock was acquired at an average cost of $6.37 per share, with a total value of $63,700.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.20% of the company’s stock.

Several hedge funds have recently modified their holdings of the company. Northern Trust Corp raised its stake in shares of Francesca’s by 2.2% during the 1st quarter. Northern Trust Corp now owns 461,240 shares of the specialty retailer’s stock worth $2,214,000 after buying an additional 10,052 shares in the last quarter. Isthmus Partners LLC grew its holdings in shares of Francesca’s by 23.6% in the 1st quarter. Isthmus Partners LLC now owns 53,913 shares of the specialty retailer’s stock worth $259,000 after acquiring an additional 10,307 shares during the period. Rhumbline Advisers grew its holdings in shares of Francesca’s by 15.2% in the 4th quarter. Rhumbline Advisers now owns 83,085 shares of the specialty retailer’s stock worth $607,000 after acquiring an additional 10,980 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in shares of Francesca’s by 7.4% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 183,376 shares of the specialty retailer’s stock worth $881,000 after acquiring an additional 12,567 shares during the period. Finally, OppenheimerFunds Inc. grew its holdings in shares of Francesca’s by 27.6% in the 1st quarter. OppenheimerFunds Inc. now owns 58,723 shares of the specialty retailer’s stock worth $282,000 after acquiring an additional 12,705 shares during the period. 92.46% of the stock is owned by institutional investors and hedge funds.

About Francesca’s

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.

Analyst Recommendations for Francesca`s (NASDAQ:FRAN)

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