Q2 2019 EPS Estimates for Francesca’s Holdings Corp Raised by B. Riley (FRAN)

Francesca’s Holdings Corp (NASDAQ:FRAN) – Stock analysts at B. Riley lifted their Q2 2019 earnings per share (EPS) estimates for shares of Francesca’s in a research note issued to investors on Monday, June 18th. B. Riley analyst S. Anderson now anticipates that the specialty retailer will earn $0.08 per share for the quarter, up from their prior estimate of $0.04. B. Riley currently has a “Buy” rating and a $8.00 target price on the stock. B. Riley also issued estimates for Francesca’s’ FY2019 earnings at $0.63 EPS.

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Francesca’s (NASDAQ:FRAN) last issued its quarterly earnings results on Tuesday, June 5th. The specialty retailer reported ($0.11) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.11). Francesca’s had a net margin of 1.58% and a return on equity of 9.35%. The company had revenue of $100.40 million during the quarter, compared to the consensus estimate of $101.48 million. During the same quarter in the prior year, the firm posted $0.12 EPS. The firm’s quarterly revenue was down 6.8% on a year-over-year basis.

FRAN has been the subject of a number of other research reports. Zacks Investment Research raised shares of Francesca’s from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. ValuEngine raised shares of Francesca’s from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. William Blair reaffirmed a “market perform” rating on shares of Francesca’s in a report on Tuesday, March 27th. TheStreet raised shares of Francesca’s from a “d+” rating to a “c-” rating in a report on Friday, June 1st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $5.00 price target on shares of Francesca’s in a report on Tuesday, March 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $7.25.

Shares of Francesca’s opened at $7.43 on Wednesday, MarketBeat reports. Francesca’s has a 1-year low of $4.51 and a 1-year high of $11.53. The company has a market cap of $247.78 million, a PE ratio of 22.90, a PEG ratio of 0.99 and a beta of 0.05.

A number of hedge funds have recently added to or reduced their stakes in FRAN. Towle & Co. acquired a new position in Francesca’s during the 1st quarter worth approximately $16,175,000. Arrowstreet Capital Limited Partnership increased its position in Francesca’s by 161.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,150,548 shares of the specialty retailer’s stock valued at $8,411,000 after acquiring an additional 711,304 shares during the period. GSA Capital Partners LLP increased its position in Francesca’s by 238.0% in the 1st quarter. GSA Capital Partners LLP now owns 444,893 shares of the specialty retailer’s stock valued at $2,135,000 after acquiring an additional 313,271 shares during the period. Dimensional Fund Advisors LP increased its position in Francesca’s by 16.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,170,907 shares of the specialty retailer’s stock valued at $10,420,000 after acquiring an additional 311,847 shares during the period. Finally, Wells Fargo & Company MN increased its position in Francesca’s by 143.9% in the 1st quarter. Wells Fargo & Company MN now owns 94,450 shares of the specialty retailer’s stock valued at $454,000 after acquiring an additional 309,507 shares during the period. Institutional investors and hedge funds own 92.46% of the company’s stock.

In related news, Director Richard J. Emmett acquired 10,000 shares of the stock in a transaction that occurred on Thursday, June 7th. The stock was acquired at an average cost of $6.37 per share, for a total transaction of $63,700.00. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.20% of the stock is owned by corporate insiders.

Francesca’s Company Profile

Francesca's Holdings Corporation, through its subsidiaries, operates a chain of retail boutiques. It offers fashion apparel, jewelry, accessories, and gifts primarily for women between the ages of 18 and 35. The company's apparel products comprise dresses, fashion tops, sweaters, cardigans and wraps, bottoms, outerwear and jackets, tees and tanks, and intimates; and jewelry includes necklaces, earrings, bracelets, and rings.

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