Francesca’s Holdings Corporation (NASDAQ:FRAN) Sets New 1-Year Low at $8.50

Shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) reached a new 52-week low on Thursday . The company traded as low as $8.50 and last traded at $8.49, with a volume of 875,372 shares changing hands. The stock had previously closed at $8.69.

A number of analysts recently weighed in on the company. ValuEngine downgraded Francesca’s Holdings Corporation from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. FBR & Co upgraded Francesca’s Holdings Corporation from an “underperform” rating to a “market perform” rating and set a $14.00 price objective for the company in a report on Wednesday, May 31st. Zacks Investment Research raised shares of Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday. BidaskClub raised shares of Francesca’s Holdings Corporation from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $11.00 price target on shares of Francesca’s Holdings Corporation in a research report on Friday, July 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. Francesca’s Holdings Corporation presently has a consensus rating of “Hold” and an average price target of $16.38.

The stock has a market capitalization of $315.55 million, a PE ratio of 8.18 and a beta of 0.17. The company’s 50 day moving average is $9.99 and its 200-day moving average is $14.02.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last issued its quarterly earnings data on Tuesday, June 6th. The specialty retailer reported $0.12 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.14 by $0.02. The company had revenue of $107.70 million for the quarter, compared to the consensus estimate of $113.15 million. Francesca’s Holdings Corporation had a net margin of 8.03% and a return on equity of 36.12%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the company earned $0.18 EPS. Equities research analysts forecast that Francesca’s Holdings Corporation will post $1.07 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the stock. Trexquant Investment LP acquired a new stake in shares of Francesca’s Holdings Corporation during the first quarter worth approximately $2,022,000. Credit Suisse AG boosted its stake in shares of Francesca’s Holdings Corporation by 56.8% in the first quarter. Credit Suisse AG now owns 275,713 shares of the specialty retailer’s stock worth $4,232,000 after buying an additional 99,907 shares during the period. Norges Bank purchased a new stake in shares of Francesca’s Holdings Corporation during the fourth quarter worth about $14,982,000. Dalton Greiner Hartman Maher & Co. purchased a new stake in shares of Francesca’s Holdings Corporation during the first quarter worth about $3,404,000. Finally, Alambic Investment Management L.P. boosted its stake in shares of Francesca’s Holdings Corporation by 35.4% in the first quarter. Alambic Investment Management L.P. now owns 37,100 shares of the specialty retailer’s stock worth $569,000 after buying an additional 9,700 shares during the period.

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About Francesca’s Holdings Corporation

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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