Franchise Brands (LON:FRAN – Get Free Report) issued its quarterly 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 return on equity of 4.06% and a net margin of 6.32%.
Franchise Brands Trading Up 1.6%
Shares of LON FRAN traded up GBX 2.31 during mid-day trading on Wednesday, hitting GBX 150.31. 355,291 shares of the company traded hands, compared to its average volume of 281,846. The company has a quick ratio of 1.57, a current ratio of 1.15 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 capitalization of £288.12 million, a price-to-earnings ratio of 32.39 and a beta of 0.49. The business has a 50 day moving average of GBX 144.11 and a two-hundred day moving average of GBX 135.27.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the company. Shore Capital Group restated a “buy” rating on shares of Franchise Brands in a report on Friday, April 24th. Berenberg Bank reiterated a “buy” rating and issued a GBX 185 price target on shares of Franchise Brands in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Franchise Brands has an average rating of “Buy” and an average target price of GBX 197.50.
Franchise Brands Company Profile
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.
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