Francesca’s Holdings Corp. (NASDAQ:FRAN) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday.

According to Zacks, “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. “

Several other research analysts have also issued reports on the stock. FBR & Co reissued a “market perform” rating and set a $14.00 target price on shares of Francesca’s Holdings Corp. in a research note on Friday, September 23rd. Wedbush increased their target price on shares of Francesca’s Holdings Corp. from $14.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, September 8th. Jefferies Group reissued a “hold” rating on shares of Francesca’s Holdings Corp. in a research note on Monday, September 12th. Mizuho increased their target price on shares of Francesca’s Holdings Corp. from $11.00 to $15.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 7th. Finally, SunTrust Banks Inc. increased their target price on shares of Francesca’s Holdings Corp. from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, September 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. Francesca’s Holdings Corp. currently has an average rating of “Hold” and an average target price of $16.58.

Analyst Recommendations for Francesca`s Holdings Corp. (NASDAQ:FRAN)

Francesca’s Holdings Corp. (NASDAQ:FRAN) traded up 0.36% during midday trading on Tuesday, reaching $16.61. 793,662 shares of the company traded hands. Francesca’s Holdings Corp. has a 12-month low of $9.75 and a 12-month high of $19.90. The company has a 50 day moving average of $16.36 and a 200-day moving average of $13.71. The stock has a market capitalization of $629.83 million, a P/E ratio of 17.16 and a beta of 1.03.

Francesca’s Holdings Corp. (NASDAQ:FRAN) last posted its quarterly earnings data on Wednesday, September 7th. The company reported $0.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.09. Francesca’s Holdings Corp. had a net margin of 8.54% and a return on equity of 33.84%. The company earned $115.30 million during the quarter, compared to analysts’ expectations of $109.16 million. During the same period in the prior year, the company posted $0.22 earnings per share. Francesca’s Holdings Corp.’s revenue for the quarter was up 8.8% compared to the same quarter last year. Equities analysts anticipate that Francesca’s Holdings Corp. will post $1.00 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Fund Advisors raised its position in Francesca’s Holdings Corp. by 1.0% in the third quarter. BlackRock Fund Advisors now owns 2,674,130 shares of the company’s stock worth $41,262,000 after buying an additional 26,846 shares during the last quarter. Prudential Financial Inc. increased its stake in Francesca’s Holdings Corp. by 75.6% in the third quarter. Prudential Financial Inc. now owns 1,745,728 shares of the company’s stock worth $26,937,000 after buying an additional 751,540 shares during the period. Dimensional Fund Advisors LP increased its stake in Francesca’s Holdings Corp. by 2.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,559,082 shares of the company’s stock worth $17,228,000 after buying an additional 39,956 shares during the period. State Street Corp increased its stake in Francesca’s Holdings Corp. by 13.5% in the second quarter. State Street Corp now owns 1,349,218 shares of the company’s stock worth $14,912,000 after buying an additional 160,867 shares during the period. Finally, Weatherbie Capital LLC increased its stake in Francesca’s Holdings Corp. by 79.6% in the second quarter. Weatherbie Capital LLC now owns 1,151,802 shares of the company’s stock worth $12,727,000 after buying an additional 510,437 shares during the period. 95.71% of the stock is currently owned by institutional investors.

About Francesca’s Holdings Corp.

Francesca’s Holdings Corporation is a holding company, which conducts its business operations through its subsidiaries. The Company is a specialty retailer that operates a nationwide-chain of boutiques. It is engaged in the operation of boutiques and its direct-to-consumer Website segment. The merchandise assortment is a mix of apparel, jewelry, accessories and gifts.

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