Key Points
- Insider buying: Neil Miller purchased 7,000 Franchise Brands shares at GBX 155 each, investing £10,850. He previously bought 8,000 shares worth £12,240 in August.
- Stock performance: Shares opened at GBX 151.50, down 0.3%, with a market capitalization of approximately £290.25 million and a 52-week trading range of GBX 104.66 to GBX 161.04.
- Analyst outlook: Analysts maintain a consensus “Buy” rating, with a consensus price target of GBX 197.50; Berenberg reiterated its “Buy” rating and set a GBX 185 target.
Franchise Brands plc (LON:FRAN - Get Free Report) insider Neil Miller acquired 7,000 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were bought at an average cost of GBX 155 per share, with a total value of £10,850.
Neil Miller also recently made the following trade(s):
- On Thursday, August 20th, Neil Miller bought 8,000 shares of Franchise Brands stock. The stock was bought at an average price of GBX 153 per share, with a total value of £12,240.
Franchise Brands Stock Down 0.3%
Franchise Brands stock opened at GBX 151.50 on Thursday. The company has a market capitalization of £290.25 million, a PE ratio of 26.96 and a beta of 0.47. The company has a debt-to-equity ratio of 35.66, a quick ratio of 1.57 and a current ratio of 1.18. Franchise Brands plc has a fifty-two week low of GBX 104.66 and a fifty-two week high of GBX 161.04. The firm has a 50 day moving average price of GBX 153.86 and a 200 day moving average price of GBX 144.80.
Franchise Brands (LON:FRAN - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX 4.81 EPS for the quarter. Franchise Brands had a return on equity of 4.87% and a net margin of 7.37%. Research analysts expect that Franchise Brands plc will post 11.33 earnings per share for the current year.
Analyst Ratings Changes
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 185 price objective on shares of Franchise Brands in a report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of GBX 197.50.
Read Our Latest Stock Analysis on FRAN
Franchise Brands Company Profile
(
Get Free Report)
Franchise Brands (FTSE AIM UK 50) is a platform of international B2B franchise brands focused on essential services through a mobile workforce. We have clarity of purpose which is acquire, develop and scale proven franchise businesses. Our focus is to help our franchise partners grow their businesses, so that "as they grow, we grow".
Our franchise partners benefit from our One Franchise Brands platform which includes shared, bespoke technology systems, a strategic growth maximisation methodology and management franchising expertise.
We have 7 franchise brands in 10 countries, 265 franchise partners in the three core B2B divisions, 261 B2C franchise partners and approximately 2,500 mobile service vehicles.
Further Reading
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