Francesca’s Holdings Corporation (NASDAQ:FRAN) recently claimed $30.84M as the price has approached $0.82. There came a 0.66% growth with the closing bell on Wednesday. The stock remained range bound between $0.768 and $0.92. Trading activity significantly improved as the volume at ready counter increased to 3,701,064 shares versus 3,231,830 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 4,257,200 shares. The stock is now 28.13% above against its bear-market low of $0.64 on January 07, 2019. It has retreated -934.15% since it’s 52-week high of $8.48 reached in July. Now the market price is down -85.57% on the year and down -15.49% YTD.
FRAN’s 50 day simple moving average (SMA 50) price is $1.89 and its 200-day simple moving average (SMA 200) price is $4.79. The company’s stock currently has a total float of 35.71M shares. Its weekly volatility is hovering around 14.85% and felt 16.58% volatility in price over a month. On the upside, the share price will test short term resistance at around $0.9. On a downside, the stock is likely to find some support, which begins at $0.75. The failure to get near-term support could push it to $0.69.
Separately, it has been reported that multiple insider activity took place at Francesca’s Holdings Corporation (FRAN). Director Redgrave Martyn R acquired 15,000 shares for $70,353 in transaction occurred on 2018/09/25. After making this transaction, the Director owns a direct stake of 58,950 shares, worth $57,689, as per the last closing price. On 2018/09/14 Lawrence Steven Paul, President & CEO at FRAN, purchased 10,000 shares at an average price of $4.11 per share. The new stake is valued at $172,062.
Director, Emmett Richard J had invested in 10,000 shares for $54,353 through a trade on 2018/06/07. Following this activity, the insider holds 63,700 shares worth $44,569 as of recent close. Wall Street’s most bullish Francesca’s Holdings Corporation (NASDAQ:FRAN) analysts are predicting the share price to blow past $1.75 per share during the next 12 months. The current median share price forecast by them is $1.75, suggesting that the stock could increase 113.41% in that time frame. The average price target of $1.75 calls for a nearly 113.41% increase in the stock price.
It had seen a change in price target from analysts at B. Riley FBR, who reiterated the stock at Neutral on November 27 but moved PT from $3.50 to $2.50. Analysts at B. Riley FBR, shed their positive views on September 12 by lowering it fromBuy to Neutral. The stock won favor of B. Riley FBR, Inc. analysts who expressed their confidence in it using an upgrade from Neutral to Buy on June 18. FBR & Co., reiterated their call for Neutral, on September 06. On the other hand, they had set new target price to $8 versus $10.
Also, it is trading at rather inexpensive levels at just over 0.3x price/book and 0.07x price/sales. Compared to others, Francesca’s Holdings Corporation is in a different league with regards to profitability, having net margins of -3.6%. To put some perspective around this, the industry’s average net margin is 3.42%. FRAN’s ROE is -14.8%, which is also considerably worse than the industry’s ROE of 12.11%. It’s also very liquid in the near term, with a current ratio of 1.6. The stock has a debt/capital of 0.
Shares of Francesca’s Holdings Corporation (FRAN) have dropped -54.4% since the company’s Apr-19 earnings report. Over the past 12 fiscal quarters, Francesca’s Holdings Corporation (NASDAQ:FRAN) has topped consensus earnings estimates in 7 quarters (58%), missed earnings in 3 quarters (25%), whereas at 2 occasion EPS met analyst expectations. Revenue for the recent quarter stood at $113.03 million, down -6% on last year and below the $120.78 million predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $98.02 million to $98.02 million, which should be compared with $0 generated last year. EPS is seen in a range of -$0.08 to -$0.08, against the 0 reported a year ago.