Franchise Brands (LON:FRAN) Hits New 1-Year High – Still a Buy?

Franchise Brands plc (LON:FRAN) reached a new 52-week high during trading on Monday. The stock traded as high as GBX 160 and last traded at GBX 156, with a volume of 59869 shares traded. The stock had previously closed at GBX 158.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 185 price objective on shares of Franchise Brands in a report on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 197.50.

Franchise Brands Stock Performance

The company has a market cap of £298.87 million, a P/E ratio of 27.76 and a beta of 0.51. The company has a quick ratio of 1.57, a current ratio of 1.18 and a debt-to-equity ratio of 35.66. The business has a fifty day simple moving average of GBX 151.86 and a two-hundred day simple moving average of GBX 141.82.

Franchise Brands (LON:FRAN) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX 4.81 EPS for the quarter. Franchise Brands had a net margin of 7.37% and a return on equity of 4.87%. On average, sell-side analysts anticipate that Franchise Brands plc will post 11.3266098 EPS for the current year.

Insider Buying and Selling

In other Franchise Brands news, insider Neil Miller purchased 8,000 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were acquired at an average cost of GBX 153 per share, for a total transaction of £12,240. Corporate insiders own 32.04% of the company’s stock.

Franchise Brands Company Profile

Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise brands focused on essential services through a mobile workforce. We have clarity of purpose which is acquire, develop and scale proven franchise businesses. Our focus is to help our franchise partners grow their businesses, so that “as they grow, we grow”.

Our franchise partners benefit from our One Franchise Brands platform which includes shared, bespoke technology systems, a strategic growth maximisation methodology and management franchising expertise.

We have 7 franchise brands in 10 countries, 265 franchise partners in the three core B2B divisions, 261 B2C franchise partners and approximately 2,500 mobile service vehicles.