Francesca’s (NASDAQ:FRAN) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued 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 equities research analysts also recently commented on FRAN. B. Riley restated a “neutral” rating on shares of Francesca’s in a research note on Wednesday, November 1st. Jefferies Group set a $9.00 price target on shares of Francesca’s and gave the stock a “hold” rating in a research report on Monday, August 21st. FBR & Co set a $10.00 price target on shares of Francesca’s and gave the stock a “hold” rating in a research report on Tuesday, August 15th. BidaskClub downgraded shares of Francesca’s from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Finally, SunTrust Banks reduced their price target on shares of Francesca’s from $15.00 to $10.00 and set a “buy” rating on the stock in a research report on Tuesday, August 22nd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $11.33.

Shares of Francesca’s (NASDAQ FRAN) opened at $6.15 on Thursday. Francesca’s has a 52 week low of $6.04 and a 52 week high of $22.39. The company has a market cap of $222.14, a price-to-earnings ratio of 8.53, a PEG ratio of 0.72 and a beta of 0.23.

Francesca’s (NASDAQ:FRAN) last issued its earnings results on Tuesday, December 5th. The specialty retailer reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.03). Francesca’s had a net margin of 5.52% and a return on equity of 23.19%. The firm had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.02 million. During the same quarter in the prior year, the firm posted $0.23 EPS. The firm’s revenue for the quarter was down 11.5% on a year-over-year basis. equities research analysts forecast that Francesca’s will post 0.68 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in FRAN. Paradigm Capital Management Inc. NY lifted its position in Francesca’s by 152.8% during the 3rd quarter. Paradigm Capital Management Inc. NY now owns 1,935,300 shares of the specialty retailer’s stock valued at $14,244,000 after purchasing an additional 1,169,786 shares during the period. Renaissance Technologies LLC lifted its position in Francesca’s by 54.7% during the 2nd quarter. Renaissance Technologies LLC now owns 1,467,706 shares of the specialty retailer’s stock valued at $16,057,000 after purchasing an additional 519,206 shares during the period. Boston Partners acquired a new position in Francesca’s during the 2nd quarter valued at about $4,979,000. Vanguard Group Inc. lifted its position in Francesca’s by 11.5% during the 2nd quarter. Vanguard Group Inc. now owns 3,900,598 shares of the specialty retailer’s stock valued at $42,673,000 after purchasing an additional 402,270 shares during the period. Finally, Schroder Investment Management Group lifted its position in Francesca’s by 8,143.2% during the 2nd quarter. Schroder Investment Management Group now owns 362,700 shares of the specialty retailer’s stock valued at $4,055,000 after purchasing an additional 358,300 shares during the period.

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About Francesca’s

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.

Analyst Recommendations for Francesca`s (NASDAQ:FRAN)

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