|Bid||0.5600 x 800|
|Ask||0.7000 x 1300|
|Day's Range||0.5600 - 0.5600|
|52 Week Range||0.5100 - 8.4800|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Francesca’s also is working to improve the productivity of its boutique teams, among other efforts to cut costs.
[Editor's note: This story was originally published in March 2019. It has since been updated and republished.]The stock market's volatility at the start of 2019 didn't make me any less bullish on the five cheap stocks profiled in this article, and that mentality has paid off -- the Dow Jones is up 13.6% year-to-date. And my penny stock picks? While some are down from their first-quarter peaks, most of them remain considerably higher on a YTD basis.Among these stocks, market movements can cause some noise. But the investment thesis on cheap stocks is predicated on huge moves higher in the long-term. Thus, in the near-term, macro-driven movements amount to nothing more than a sideshow.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFrom this perspective, now might be a good time to pile into some stocks under $6. These stocks are a high-risk bunch. But they do have high-reward potential, too. * 10 High-Yielding Dividend Stocks That Won't Wilt With that in mind, here is a list of five of the best penny stocks that I think have more upside potential to ride the market's bullishness. Pier 1 (PIR)Source: Shutterstock PIR stock price: 44 cents Year-to-date gain: 45.2%Furniture retailer Pier 1 Imports (NYSE:PIR) has had a tough time getting its act together for several years. Peer Restoration Hardware (NYSE:RH) has seen its stock rise 30% over the past year thanks to a red-hot housing market and robust demand for home furnishings. PIR stock, however, has collapsed during that same stretch. These problems aren't new. Over the past five years, this stock has lost more than 90% of its value.Having said that, there is visibility for a turnaround in PIR stock in the near future.At its core, Pier 1 has been killed by rising e-commerce threats creating huge pricing and traffic headwinds. Pier 1, which stands somewhat square in the middle of price and quality, doesn't really have anything special about the business to protect against these headwinds. Consequently, sales and margins have dropped in a big way.But, the company has a three-year strategic plan to turn the business around. The plan includes bigger investments in omni-channel commerce capabilities and marketing.No one knows whether this plan will actually work. But home furnishings is a market with enduring demand, so that helps.Meanwhile, PIR stock is dirt cheap. This company used to have earnings power of $1 per share. Even half of that earnings power (50 cents) would be huge for a stock trading under $1. At 50 cents per share in earnings power, it wouldn't be unreasonable to see this stock hit $8 (a market-average 16x multiple). Groupon (GRPN)Source: Shutterstock GRPN stock price: $3.46 Year-to-date gain: 4.3%Much like Pier 1, savings-king Groupon (NASDAQ:GRPN) feels like one of those companies that were loved yesterday but will be forgotten tomorrow. But I don't think that's true. I get that the savings and deals market is commoditized now. I also understand that Groupon really isn't a household name for coupons like it used to be.But I'm a numbers guy. And Groupon's numbers are pretty good. Its margins are improving thanks to management's focus on higher-margin businesses. Operating expenses are also being removed from the system, so the company's overall profitability profile is improving.Aside from the numbers, Groupon launched an aggressive advertising campaign last year with hyper-relevant Tiffany Haddish that scored just shy of 100 million views. I think this campaign will have a long-term positive effect on usage, which could drive the stock higher. * 7 Red-Hot E-Commerce Stocks to Consider Put it all together, and it looks like GRPN stock could have a big-time rally in 2019. Zynga (ZNGA)Source: Shutterstock ZNGA stock price: $5.62 Year-to-date gain: 38.7%I'm not a huge fan of the mobile gaming sector. It's a tough space plagued with competition and low margins. Plus, competition is only building thanks to social media apps becoming increasingly multi-purpose. But mobile gaming company Zynga (NASDAQ:ZNGA) seems to have found the key to success in the mobile gaming world.Zynga used to be a mega-popular browser game company with tons of users. But then the company overreached by branching into games that had heavy overlap with the traditional video game market, like sports titles. They couldn't compete in that market. Eventually, the over-extension sparked user churn, and ZNGA stock spiraled downward.That forced Zynga to re-invent itself into something much more relevant and defensible. They did just that. Zynga has transitioned its business model from web-focused to mobile-first while narrowing its gaming title focus. This pivot has streamlined operations, re-invigorated top-line growth, cut costs and improved profitability.Consequently, the numbers supporting Zynga are pretty good. In Q4, its revenue rose 7% year-over-year and its bookings jumped 19% YoY. Finally, its operating cash flow soared 241%.From where I sit, this pivot appears to be in its early stages. Mobile is a secular growth narrative, and ZNGA has developed a gaming portfolio that is focused and tailored to that growth narrative. Thus, so long as mobile engagement heads higher, Zynga's numbers should get better. Better numbers will inevitably lead to a higher stock price. Arotech (ARTX)Source: arotech.com ARTX stock price: $2.91 Year-to-date gain: 10.2%There is no hiding the fact that the defense sector has been hot under President Donald Trump. Trump came into office, upped the ante on defense and military spending, and in response, the whole world is spending more on defense and military.Defense contractors win when this happens. That is why mega-cap defense contractors like Lockheed Martin (NYSE:LMT) and Boeing (NYSE:BA) have been on fire for the past several quarters. But one micro-cap defense contractor that has missed out on this rally is Arotech (NASDAQ:ARTX). Over the past several years, the financials at Arotech haven't gained any ground. Five years ago, its revenues were $103.5 million and its net income was $3.5 million. In 2017, its revenues were $98.7 million and its net income was $3.8 million.In other words, its profits haven't risen much in five years. When profits don't go up, the stock tends not to go up. It is a simple relationship. But its profits are stabilizing. When profits go from declining to stabilizing, they usually go to growth next. * 7 Small-Cap Growth ETFs For Adventurous Investors And, when profits go up, stocks tend to go up. As such, it looks like Arotech is finally joining the tide when it comes to big boosts in defense and military spending. This tide will inevitably lift Arotech's earnings power substantially, and ARTX will rally as a result. Blink Charging (BLNK)Source: Shutterstock BLNK stock price: $3.14 Year-to-date gain: 74.4%When it comes to cheap stocks, there are few as volatile as Blink Charging (NASDAQ:BLNK).Over the past two years, BLNK stock has gone from $10 to $3, and popped from $4.50 to $8 … it now sits at a paltry $3.14. This volatility won't give up any time soon. Thus, if you want to avoid volatility, I'd normally say avoid BLNK stock …That being said, if this company's secular growth narrative surrounding building a network of electric vehicle charging stations globally materializes within the next five years, this stock could be a 5- or even 10-bagger.It is a big risk. But, eventually, global infrastructure will need to match demand. At that point in time, there will be some huge contracts awarded to electric vehicle charging station companies.Will Blink be one of them? Perhaps. Tough to tell. But if they do land some big contracts, this stock could have another huge pop in a short amount of time.As of this writing, Luke Lango was long FB, PIR, GRPN and ARTX. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 5 Cheap Stocks to Buy That Are $6 or Less appeared first on InvestorPlace.
The job cuts began taking effect earlier this year and are the primary contributing factor to approximately $15 million in annualized gross SG&A; savings.
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We don't wish catastrophic capital loss on anyone. Anyone who held Francesca'sRead More...
Katy-based Academy Ltd., which does business as Academy Sports + Outdoors, has hired the former CEO of Houston-based Francesca’s Holdings Corp. (Nasdaq: FRAN). Steven Lawrence will become executive vice president and chief merchandising officer at Academy on Feb. 11.
A sale or other deal could be in store for the struggling retailer, which already had planned to close a significant number of boutiques this year.
Francesca's Holdings (FRAN) operates a nationwide chain of boutiques with a unique, diverse mix of apparel, jewelry, accessories and gifts. The company has 738 boutiques in 47 states with e-commerce. Francesca is high risk! But, the price trades as if it's a going concern over the next six to 12 months.
The retailer also plans to open far fewer stores in 2019 than it has in previous years, representing a shift in the ratio of openings and closings for the company.
Francesca's (FRAN) earnings and sales surpass the Zacks Consensus Estimate but decline year over year. Management lowers outlook for fiscal 2018.
This is down from the company’s earnings per share of one penny from the third quarter of 2017. Net loss reported in the Francesca’s earnings report for the third quarter of 2018 came in at $16.22 million. Francesca’s earnings report for the third quarter of the year also includes an operating loss of $23.06 million.
Francesca's Holdings (FRAN) delivered earnings and revenue surprises of 5.56% and 0.50%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?
HOUSTON (AP) _ Francesca's Holdings Corp. (FRAN) on Tuesday reported a fiscal third-quarter loss of $16.2 million, after reporting a profit in the same period a year earlier. For the current quarter ending in January, Francesca's Holdings said it expects revenue in the range of $118 million to $124 million. Analysts surveyed by Zacks had expected revenue of $135.6 million.
Francesca's Holdings (FRAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Francesca's (FRAN) announces preliminary estimated financial results for the third quarter. Dismal sales and soft comps continued to linger during the same period.
Soft store traffic and dismal comps are likely to dent Francesca's (FRAN) top-line growth. However, strong performance of e-commerce business may provide cushion to the stock.
Francesca's (FRAN) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Few business statistics are more important than net profit margins. Understanding what to expect in this regard can lead to spectacular failures or triumphs for stock traders. It explains much of what already happened to a stock's price and can be quite predictive about what's likely to occur next.