Franchise Brands (LON:FRAN) Trading Up 0.8% – What’s Next?

Franchise Brands plc (LON:FRAN) traded up 0.8% on Tuesday . The company traded as high as GBX 150 and last traded at GBX 147.22. Approximately 234,622 shares changed hands during mid-day trading, a decline of 20% from the average session volume of 292,894 shares. The stock had previously closed at GBX 146.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Berenberg Bank reissued a “buy” rating and issued a GBX 185 price objective on shares of Franchise Brands in a report on Tuesday, May 26th. Shore Capital Group reaffirmed a “buy” rating on shares of Franchise Brands in a report on Friday, April 24th. Finally, Stifel Nicolaus reduced their price target on shares of Franchise Brands from GBX 260 to GBX 210 and set a “buy” rating for the company in a research report on Thursday, March 26th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Franchise Brands presently has a consensus rating of “Buy” and an average price target of GBX 197.50.

Franchise Brands Price Performance

The company has a market cap of £283.69 million, a price-to-earnings ratio of 31.90 and a beta of 0.46. The company has a current ratio of 1.15, a quick ratio of 1.57 and a debt-to-equity ratio of 36.34. The company’s 50 day moving average price is GBX 139.94 and its 200 day moving average price is GBX 134.73.

Franchise Brands (LON:FRAN) last issued its quarterly earnings results on Wednesday, March 25th. The company reported GBX 9 earnings per share (EPS) for the quarter. Franchise Brands had a net margin of 6.32% and a return on equity of 4.06%. Equities research analysts forecast that Franchise Brands plc will post 11.3266098 earnings per share for the current year.

Insiders Place Their Bets

In other Franchise Brands news, insider Stephen Hemsley bought 72,500 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were bought at an average price of GBX 116 per share, for a total transaction of £84,100. Corporate insiders own 32.01% of the company’s stock.

About Franchise Brands

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.