Q3 2018 EPS Estimates for Francesca’s Holdings Corporation (FRAN) Decreased by SunTrust Banks

Francesca’s Holdings Corporation (NASDAQ:FRAN) – Research analysts at SunTrust Banks dropped their Q3 2018 earnings per share estimates for shares of Francesca’s Holdings Corporation in a research note issued to investors on Wednesday. SunTrust Banks analyst P. Quintiliano now forecasts that the specialty retailer will post earnings of $0.00 per share for the quarter, down from their prior estimate of $0.22. SunTrust Banks currently has a “Buy” rating and a $10.00 target price on the stock. SunTrust Banks also issued estimates for Francesca’s Holdings Corporation’s FY2018 earnings at $0.73 EPS and FY2019 earnings at $0.80 EPS.

Other equities analysts have also recently issued research reports about the stock. ValuEngine cut shares of Francesca’s Holdings Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. BidaskClub lowered shares of Francesca’s Holdings Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Zacks Investment Research upgraded shares of Francesca’s Holdings Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Jefferies Group LLC set a $9.00 price objective on shares of Francesca’s Holdings Corporation and gave the company a “hold” rating in a report on Monday, August 21st. Finally, FBR & Co upgraded shares of Francesca’s Holdings Corporation from an “underperform” rating to a “market perform” rating and set a $14.00 price objective on the stock in a report on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $14.38.

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Shares of Francesca’s Holdings Corporation (NASDAQ:FRAN) traded up 2.45% during trading on Monday, reaching $7.11. 382,131 shares of the company were exchanged. The stock has a market capitalization of $263.94 million, a P/E ratio of 6.84 and a beta of 0.18. The firm has a 50-day moving average price of $8.28 and a 200-day moving average price of $12.41. Francesca’s Holdings Corporation has a 1-year low of $6.70 and a 1-year high of $22.39.

Francesca’s Holdings Corporation (NASDAQ:FRAN) last issued its quarterly earnings data on Wednesday, September 6th. The specialty retailer reported $0.20 EPS for the quarter, hitting analysts’ consensus estimates of $0.20. The company had revenue of $119.70 million during the quarter, compared to the consensus estimate of $119.80 million. Francesca’s Holdings Corporation had a net margin of 7.28% and a return on equity of 31.88%. Francesca’s Holdings Corporation’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 earnings per share.

A number of large investors have recently made changes to their positions in the stock. Koch Industries Inc. acquired a new stake in Francesca’s Holdings Corporation during the 2nd quarter worth $110,000. Verition Fund Management LLC acquired a new stake in Francesca’s Holdings Corporation during the 2nd quarter worth $224,000. Daruma Capital Management LLC raised its stake in Francesca’s Holdings Corporation by 2.7% during the 2nd quarter. Daruma Capital Management LLC now owns 3,253,125 shares of the specialty retailer’s stock worth $35,589,000 after acquiring an additional 86,734 shares in the last quarter. State Street Corp raised its stake in Francesca’s Holdings Corporation by 13.4% during the 2nd quarter. State Street Corp now owns 1,371,081 shares of the specialty retailer’s stock worth $15,000,000 after acquiring an additional 162,352 shares in the last quarter. Finally, Gotham Asset Management LLC raised its stake in Francesca’s Holdings Corporation by 26.0% during the 2nd quarter. Gotham Asset Management LLC now owns 101,220 shares of the specialty retailer’s stock worth $1,107,000 after acquiring an additional 20,865 shares in the last quarter.

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.

Earnings History and Estimates for Francesca`s Holdings Corporation (NASDAQ:FRAN)

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