Francescas Holdings Corporation (NASDAQ:FRAN) : The consensus on Francescas Holdings Corporation (NASDAQ:FRAN) based on 11 analyst recommendation on the company stock is 2.64, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Francescas Holdings Corporation (NASDAQ:FRAN) : The highest short term price target forecast on Francescas Holdings Corporation (NASDAQ:FRAN) is $16 and the lowest target price is $10. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $11.83 with a standard deviation of $2.14.
Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Goldman Sachs maintains its outlook on Francescas Holdings Corporation (NASDAQ:FRAN). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $16 per share to $14 per share. The rating by the firm was issued on June 10, 2016.
Francescas Holdings Corporation (NASDAQ:FRAN): stock turned positive on Tuesday. Though the stock opened at $10.51, the bulls momentum made the stock top out at $10.9 level for the day. The stock recorded a low of $10.5 and closed the trading day at $10.59, in the green by 3.22%. The total traded volume for the day was 1,062,555. The stock had closed at $10.26 in the previous days trading.
In an insider trading activity, Kunes Richard W, CEO of Francescas Holdings Corp, executed a transaction worth $211,200 on June 13, 2016. A total of 20,000 shares were purchased at an average price of $10.56. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Francescas Holdings Corporation is a holding company. The Companys 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 Companys 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.