Franchise Brands (LON:FRAN) Posts Earnings Results

Franchise Brands (LON:FRAN) issued its quarterly earnings results on Wednesday. The company reported GBX 4.81 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Franchise Brands had a return on equity of 4.87% and a net margin of 7.37%.

Franchise Brands Price Performance

FRAN stock opened at GBX 148.44 on Friday. The company has a 50 day simple moving average of GBX 144.27 and a 200 day simple moving average of GBX 135.45. The stock has a market cap of £284.53 million, a price-to-earnings ratio of 31.99 and a beta of 0.49. Franchise Brands has a 1 year low of GBX 104.66 and a 1 year high of GBX 158. The company has a debt-to-equity ratio of 35.66, a current ratio of 1.18 and a quick ratio of 1.57.

Analysts Set New Price Targets

A number of analysts have recently weighed in on FRAN shares. Berenberg Bank reiterated a “buy” rating and set a GBX 185 target price on shares of Franchise Brands in a research report on Wednesday. Shore Capital Group reaffirmed a “buy” rating on shares of Franchise Brands in a research report on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Franchise Brands has an average rating of “Buy” and a consensus price target of GBX 197.50.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.