Zacks Investment Research lowered shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) from a buy rating to a hold rating in a research note issued to investors on Thursday.

According to Zacks, “Francesca’s Holdings Corporation is a specialty retailer of women’s apparel products. The Company operates a chain of retail boutiques in the United States. It offers apparel, jewelry, accessories, and gifts to female customers. The company also sells its products through e-commerce Website, francescascollections.com. Francesca’s Holdings Corporation is headquartered in Houston, Texas. “

Several other brokerages have also recently issued reports on FRAN. Stifel Nicolaus reissued a hold rating and set a $16.00 target price (up previously from $14.00) on shares of Francesca’s Holdings Corp. in a research report on Thursday, September 8th. FBR & Co reissued a market perform rating and set a $14.00 target price on shares of Francesca’s Holdings Corp. in a research report on Friday, September 23rd. Nomura raised their target price on Francesca’s Holdings Corp. from $14.00 to $16.00 and gave the stock a buy rating in a research report on Thursday, September 8th. Mizuho raised their target price on Francesca’s Holdings Corp. from $11.00 to $15.00 and gave the stock a neutral rating in a research report on Wednesday, September 7th. Finally, Jefferies Group raised their target price on Francesca’s Holdings Corp. from $13.00 to $15.00 and gave the stock a hold rating in a research report on Wednesday, September 21st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. Francesca’s Holdings Corp. presently has a consensus rating of Hold and a consensus price target of $16.58.

Shares of Francesca’s Holdings Corp. (NASDAQ:FRAN) opened at 16.484 on Thursday. Francesca’s Holdings Corp. has a 12 month low of $9.75 and a 12 month high of $19.90. The stock has a market cap of $625.06 million, a price-to-earnings ratio of 17.029 and a beta of 1.03. The company has a 50-day moving average price of $16.15 and a 200-day moving average price of $13.72.

Francesca’s Holdings Corp. (NASDAQ:FRAN) last announced its quarterly earnings data on Wednesday, September 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.09. The business earned $115.30 million during the quarter, compared to analysts’ expectations of $109.16 million. Francesca’s Holdings Corp. had a return on equity of 33.84% and a net margin of 8.54%. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.22 EPS. On average, analysts expect that Francesca’s Holdings Corp. will post $1.00 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Summit Securities Group LLC acquired a new stake in Francesca’s Holdings Corp. during the second quarter worth $111,000. Fox Run Management L.L.C. acquired a new stake in Francesca’s Holdings Corp. during the second quarter worth $119,000. Fuller & Thaler Asset Management Inc. acquired a new stake in Francesca’s Holdings Corp. during the third quarter worth $119,000. BNP Paribas Arbitrage SA increased its stake in Francesca’s Holdings Corp. by 99.3% in the second quarter. BNP Paribas Arbitrage SA now owns 13,189 shares of the company’s stock worth $146,000 after buying an additional 6,570 shares during the period. Finally, Hartford Investment Management Co. acquired a new stake in Francesca’s Holdings Corp. during the third quarter worth $156,000. 96.32% of the stock is currently owned by institutional investors and hedge funds.

About Francesca’s Holdings Corp.

Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.

5 Day Chart for NASDAQ:FRAN

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