Revenue Update on Francesca's Holdings Corp(NASDAQ:FRAN)

Francesca's Holdings Corp(NASDAQ:FRAN) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-market on Jun 9, 2016. Company reported revenue of $106.11M. Analysts estimated a revenue of $107.25M. Earnings per share were $0.18. Analysts had estimated an EPS of $0.18.

In a different note, On May 18, 2016, Wolfe Research said it Downgrades its rating on Francesca's Holdings Corp. The shares have been rated ‘Peer Perform’ by the firm. On May 17, 2016, Jefferies said it Downgrades its rating on Francesca's Holdings Corp. The shares have been rated ‘Hold’ by the firm. On May 17, 2016, Cowen & Company said it Downgrades its rating on Francesca's Holdings Corp. The shares have been rated ‘Market Perform’ by the firm. On May 17, 2016, Wedbush said it Downgrades its rating on Francesca's Holdings Corp. The shares have been rated ‘Neutral’ by the firm. On Mar 29, 2016, Goldman Sachs said it Maintains its rating on Francesca's Holdings Corp. In the research note, the firm Raises the price-target to $20.00 per share. The shares have been rated ‘Neutral’ by the firm. On Mar 24, 2016, Macquarie said it Maintains its rating on Francesca's Holdings Corp. In the research note, the firm Raises the price-target to $13.00 per share. The shares have been rated ‘Neutral’ by the firm.

Francesca's Holdings Corp (FRAN) made into the market gainers list on Tuesdays trading session with the shares advancing 0.09% or 0.01 points. Due to strong positive momentum, the stock ended at $10.54, which is also near the day’s high of $10.96. The stock began the session at $10.61 and the volume stood at 13,02,909 shares. The 52-week high of the shares is $19.9 and the 52 week low is $9.75. The company has a current market capitalization of $423 M and it has 4,01,56,656 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Sep 16, 2015, Michael W Barnes (CEO) purchased 26,000 shares at $11.66 per share price.Also, On Sep 16, 2015, Martyn R Redgrave (director) purchased 21,000 shares at $11.88 per share price.

Francesca’s Holdings Corporation is a holding company. The Company’s business operations are conducted through its subsidiaries. The Company operates a national chain of retail boutiques designed and merchandised to feel like independently owned upscale boutiques and provide its customers with an inviting shopping experience. The Company offers a mix of apparel jewelry accessories and gifts. The Company operates approximately 539 boutiques which are located in 47 states throughout the United States and the District of Columbia and its direct-to-consumer Website. The Company’s direct-to-consumer business consists of its www.francescas.com Website. Through its Website its customers are able to purchase individual items shop the latest jewelry gift or fashion merchandise and special promotions.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *