Research analysts at Cowen began coverage on shares of Francesca’s (NASDAQ: FRAN) in a report released on Wednesday. The firm set an “outperform” rating on the stock.
Francesca’s opened at 24.87 on Wednesday. Francesca’s has a 1-year low of $20.93 and a 1-year high of $37.09. The stock’s 50-day moving average is currently $27.39. The company has a market cap of $1.091 billion and a price-to-earnings ratio of 27.42.
Francesca’s last announced its earnings results on Wednesday, December 5th. The company reported $0.24 EPS for the quarter. The company had revenue of $71.26 million for the quarter. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 44.0% on a year-over-year basis. Francesca’s has set its Q4 guidance at $0.27-0.28 EPS. Analysts expect that Francesca’s will post $1.02 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Francesca’s from an “outperform” rating to a “neutral” rating in a research note to investors on Monday. They now have a $31.30 price target on the stock. Separately, analysts at Wedbush reiterated an “outperform” rating on shares of Francesca’s in a research note to investors on Monday, January 14th. They now have a $40.00 price target on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Francesca’s from $31.00 to $34.00 in a research note to investors on Monday, January 14th. They now have a “buy” rating on the stock.
Nine equities research analysts have rated the stock with a buy rating, one has issued an overweight rating, and three have given a hold rating to the company’s stock. Francesca’s has a consensus rating of “overweight” and a consensus target price of $37.50.
Francesca’s Holdings Corporation (Holdings) is a holding company. The Company’s business operations are conducted through its wholly owned indirect subsidiary, Francesca’s Collections, Inc.
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