Franchise Brands (LON:FRAN) Posts Quarterly Earnings Results

Franchise Brands (LON:FRAN) posted its earnings results on Wednesday. The company reported GBX 4.81 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Franchise Brands had a net margin of 6.32% and a return on equity of 4.06%.

Franchise Brands Stock Up 0.2%

FRAN stock opened at GBX 148.44 on Thursday. The stock’s fifty day simple moving average is GBX 144.18 and its two-hundred day simple moving average is GBX 135.36. The company has a current ratio of 1.15, a quick ratio of 1.57 and a debt-to-equity ratio of 36.34. Franchise Brands has a 1-year low of GBX 104.66 and a 1-year high of GBX 158. The stock has a market cap of £284.53 million, a P/E ratio of 31.99 and a beta of 0.49.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 185 price target on shares of Franchise Brands in a research report on Wednesday. Shore Capital Group reaffirmed a “buy” rating on shares of Franchise Brands in a research report on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 197.50.

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.