Insider Buying: Francesca's Holdings Corp (FRAN) CFO Acquires 2,000 Shares of Stock
Francesca's Holdings Corp (NASDAQ:FRAN) CFO Kelly Dilts acquired 2,000 shares of the firm’s stock in a transaction on Friday, January 12th. The stock was acquired at an average cost of $5.80 per share, with a total value of $11,600.00. The purchase was disclosed in a filing with the SEC, which is available at this link.
Shares of Francesca's Holdings Corp (NASDAQ:FRAN) traded up $0.23 on Friday, hitting $5.82. 2,006,951 shares of the stock traded hands, compared to its average volume of 2,588,811. Francesca's Holdings Corp has a 52 week low of $5.31 and a 52 week high of $19.50. The firm has a market capitalization of $210.57, a P/E ratio of 8.20, a price-to-earnings-growth ratio of 0.77 and a beta of 0.23.
Francesca's (NASDAQ:FRAN) last announced its quarterly earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). Francesca's had a net margin of 5.52% and a return on equity of 23.19%. The firm had revenue of $105.80 million for the quarter, compared to analyst estimates of $106.02 million. During the same period last year, the firm posted $0.23 EPS. The business’s revenue was down 11.5% compared to the same quarter last year. equities analysts forecast that Francesca's Holdings Corp will post 0.62 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently modified their holdings of FRAN. Paradigm Capital Management Inc. NY raised its stake in shares of Francesca's by 152.8% during the third quarter. Paradigm Capital Management Inc. NY now owns 1,935,300 shares of the specialty retailer’s stock valued at $14,244,000 after purchasing an additional 1,169,786 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Francesca's by 54.7% during the second quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock valued at $16,057,000 after purchasing an additional 519,206 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Francesca's by 11.5% during the second quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock valued at $42,673,000 after purchasing an additional 402,270 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of Francesca's by 8,143.2% during the second quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock valued at $4,055,000 after purchasing an additional 358,300 shares in the last quarter. Finally, Quantitative Investment Management LLC bought a new stake in shares of Francesca's during the second quarter valued at about $3,744,000.
Several equities analysts have recently issued reports on FRAN shares. BidaskClub raised shares of Francesca's from a “hold” rating to a “buy” rating in a report on Wednesday, December 20th. SunTrust Banks set a $8.00 price target on shares of Francesca's and gave the company a “buy” rating in a report on Friday, January 5th. ValuEngine downgraded shares of Francesca's from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. B. Riley reissued a “hold” rating and set a $8.00 price target on shares of Francesca's in a report on Tuesday, December 5th. Finally, Zacks Investment Research raised shares of Francesca's from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $10.67.
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Francesca's Company Profile
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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