Franchise Brands (LON:FRAN) Reaches New 1-Year High – Here’s Why

by · The Markets Daily

Shares of Franchise Brands plc (LON:FRAN – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 159 and last traded at GBX 159, with a volume of 56082 shares changing hands. The stock had previously closed at GBX 157.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 185 price objective on shares of Franchise Brands in a research report on Wednesday, July 29th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 197.50.

Get Our Latest Report on FRAN

Franchise Brands Trading Down 0.2%

The firm has a market capitalization of £302.22 million, a price-to-earnings ratio of 28.07 and a beta of 0.51. The business’s 50 day moving average price is GBX 150.85 and its 200-day moving average price is GBX 141.23. The company has a debt-to-equity ratio of 35.66, a current ratio of 1.18 and a quick ratio of 1.57.

Franchise Brands (LON:FRAN – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported GBX 4.81 earnings per share (EPS) for the quarter. Franchise Brands had a return on equity of 4.87% and a net margin of 7.37%. Equities analysts forecast that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

Insider Transactions at Franchise Brands

In other Franchise Brands news, insider Neil Miller bought 8,000 shares of Franchise Brands stock in a transaction on Thursday, August 20th. The stock was bought at an average price of GBX 153 per share, with a total value of £12,240. Insiders own 32.04% of the company’s stock.

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.

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