Francesca’s (FRAN) Downgraded by B. Riley to “Neutral”

B. Riley cut shares of Francesca’s (NASDAQ:FRAN) from a buy rating to a neutral rating in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. B. Riley currently has $4.00 target price on the specialty retailer’s stock, down from their previous target price of $9.00. B. Riley also issued estimates for Francesca’s’ FY2019 earnings at $0.57 EPS.

Several other research analysts also recently issued reports on the stock. ValuEngine upgraded shares of Francesca’s from a hold rating to a buy rating in a report on Wednesday, August 15th. Zacks Investment Research upgraded shares of Francesca’s from a sell rating to a hold rating in a report on Thursday, August 30th. BidaskClub downgraded shares of Francesca’s from a buy rating to a hold rating in a report on Wednesday, August 8th. Finally, TheStreet upgraded shares of Francesca’s from a d+ rating to a c- rating in a report on Friday, June 1st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Francesca’s has an average rating of Hold and an average price target of $5.67.

NASDAQ:FRAN opened at $4.06 on Wednesday. Francesca’s has a 52-week low of $3.53 and a 52-week high of $8.48. The stock has a market cap of $133.81 million, a PE ratio of 7.81 and a beta of 0.04.

Francesca’s (NASDAQ:FRAN) last posted its quarterly earnings data on Tuesday, September 11th. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.03). Francesca’s had a return on equity of 3.35% and a net margin of 0.12%. The company had revenue of $113.00 million for the quarter, compared to the consensus estimate of $120.77 million. During the same quarter in the previous year, the firm posted $0.20 EPS. The business’s revenue for the quarter was down 5.6% compared to the same quarter last year. equities research analysts forecast that Francesca’s will post 0.15 earnings per share for the current year.

Several large investors have recently bought and sold shares of the company. Nisa Investment Advisors LLC acquired a new stake in shares of Francesca’s during the 2nd quarter valued at about $196,000. Quantitative Systematic Strategies LLC acquired a new stake in shares of Francesca’s during the 2nd quarter valued at about $192,000. Spark Investment Management LLC acquired a new stake in shares of Francesca’s during the 2nd quarter valued at about $474,000. Systematic Financial Management LP boosted its position in shares of Francesca’s by 75.9% during the 1st quarter. Systematic Financial Management LP now owns 261,725 shares of the specialty retailer’s stock valued at $1,256,000 after acquiring an additional 112,965 shares in the last quarter. Finally, Matarin Capital Management LLC acquired a new stake in shares of Francesca’s during the 1st quarter valued at about $1,367,000. Institutional investors own 98.40% of the company’s stock.

About Francesca’s

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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