Stock Analysis:Francesca’s Holdings (NASDAQ:FRAN) Upside Target Change
In analysts note shared with investors and clients by Suntrust Robinson on Thursday morning, Francesca’s Holdings (NASDAQ:FRAN) had its TP raised to $19.00. The firm presently has a solid “Buy” rating on shares.
From a total of 11 analysts covering Francesca’s Holdings (NASDAQ:FRAN) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 8 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is $18 while the lowest target price is $12. The mean of all analyst targets is $15.27 with a -11.05% below today’s ($16.02) stock price. Francesca’s Holdings was the topic of 10 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Mizuho maintained shares on November 23 with “Neutral” rating. Wolfe Research initiated FRAN stock in a recent report from August 18 with “Peer Perform” rating.
Approximately 400,412 shares of stock traded hands. Francesca’s Holdings Corp (NASDAQ:FRAN) has declined 4.05% since May 7, 2015 and is downtrending. It has underperformed by 2.12% the S&P500.
The overall sentiment of institutions has increased to 1.4 in Q2 2015. Its up 0.01, from 1.39 in 2015Q2. The ratio is positive, as 18 institutions have sold all the shares of Francesca’s Holdings Corp that they owned while 42 funds have taken shares off the table. 17 funds have purchased shares for the first time while 67 added to their positions. These institutions now hold 52.46 million shares or 11.13% more than the 47.21 million shares they owned in 2015Q2.
The Fund Cooper Creek Partners Management Llc currently is holding shares equating to 4.22% of its total portfolio in Francesca’s Holdings Corp representing a total of 341,933 shares. Another fund,Tieton Capital Management Llc, is holding a total of 269,890 shares equating to 3.08% of their holdings. Additionally, Buckingham Capital Management Inc has a 2.34 million share stake in Francesca’s Holdings Corp which represents 2.59% of their total portfolio. The Fund, Daruma Capital Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 2.36% of their total portfolio. Finally Cove Street Capital Llc, a fund which is based in the state of California reported a total holdings of 1.32 million shares.
Insider activity is a very important aspect to track on any stock. Going back to September 16, 2015, shareholders of Francesca’s Holdings Corp have witnessed 2 insider purchases, and a total of 0 selling transactions equating to a net activity of approximately $552,725 . Barnes Michael W bought 26,000 shares worth approximately $303,220. Redgrave Martyn R bought 21,000 shares worth approximately $249,505.
Francesca’s Holdings Corporation is a holding company. The company has a market cap of $690.45 million. The Company’s business are conducted through its subsidiaries. It has 23.04 P/E ratio. The Firm operates a national chain of retail boutiques designed and merchandised to feel like independently owned, upscale boutiques and provide its clients with an inviting shopping experience.
According to Zacks Investment Research, “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.” Get a free copy of the Zacks research report on Francesca’s Holdings Corp (FRAN).