Q3 2018 EPS Estimates for Francesca's Holdings Corp (FRAN) Increased by Analyst

Francesca's Holdings Corp (NASDAQ:FRAN) – Investment analysts at KeyCorp boosted their Q3 2018 earnings estimates for shares of Francesca's Holdings Corp in a research report issued to clients and investors on Tuesday. KeyCorp analyst E. Yruma now expects that the specialty retailer will post earnings of $0.29 per share for the quarter, up from their prior estimate of $0.28. KeyCorp also issued estimates for Francesca's Holdings Corp’s Q4 2018 earnings at $0.52 EPS and FY2018 earnings at $1.09 EPS.

Several other brokerages have also weighed in on FRAN. Zacks Investment Research lowered 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 set a $14.00 price objective on shares of Francesca's Holdings Corp in a report on Tuesday, March 21st. Wedbush reduced their price objective on Francesca's Holdings Corp from $20.00 to $16.00 and set a “neutral” rating for the company in a report on Tuesday, March 21st. ValuEngine raised Francesca's Holdings Corp from a “buy” rating to a “strong-buy” rating in a report on Thursday, May 18th. Finally, Mizuho reduced their price objective on Francesca's Holdings Corp from $18.00 to $17.00 and set a “neutral” rating for the company in a report on Tuesday, March 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target 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) opened at 11.39 on Thursday. Francesca's Holdings Corp has a 1-year low of $9.96 and a 1-year high of $22.39. The company has a 50-day moving average price of $14.06 and a 200 day moving average price of $16.52. The company has a market capitalization of $427.59 million, a P/E ratio of 10.45 and a beta of 0.77.

Francesca's Holdings Corp (NASDAQ:FRAN) last released its quarterly earnings results on Tuesday, June 6th. The specialty retailer reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.02. The firm had revenue of $107.70 million during the quarter, compared to the consensus estimate of $113.15 million. Francesca's Holdings Corp had a net margin of 10.00% and a return on equity of 52.77%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 earnings per share.

Several institutional investors have recently bought and sold shares of the company. Mason Street Advisors LLC increased its stake in shares of Francesca's Holdings Corp by 6.6% in the first quarter. Mason Street Advisors LLC now owns 8,835 shares of the specialty retailer’s stock worth $136,000 after buying an additional 549 shares during the period. Jane Street Group LLC acquired a new stake in shares of Francesca's Holdings Corp during the first quarter worth about $161,000. UBS Asset Management Americas Inc. acquired a new stake in shares of Francesca's Holdings Corp during the first quarter worth about $173,000. BlueCrest Capital Management Ltd acquired a new stake in shares of Francesca's Holdings Corp during the first quarter worth about $187,000. Finally, Karp Capital Management Corp acquired a new stake in shares of Francesca's Holdings Corp during the first quarter worth about $191,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

In other news, insider Khalid Mir Malik sold 110,692 shares of the firm’s stock in a transaction on Tuesday, March 28th. The stock was 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 directly owns 66,781 shares of the company’s stock, valued at $1,065,156.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.13% of the stock is owned by company insiders.

About Francesca's Holdings Corp

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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