|Bid||0.6801 x 3200|
|Ask||0.6890 x 800|
|Day's Range||0.6800 - 0.7000|
|52 Week Range||0.6400 - 8.4800|
|Beta (3Y Monthly)||1.68|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 28, 2019 - Mar 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.75|
[Editor's note: This story was originally published in August 2018. It has since been updated and republished.]The stock market's volatility in recent months has not made me less bullish on the five cheap stocks profiled in this article. 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.From this perspective, now might be a good time to pile into some stocks under $5. These stocks are a high-risk bunch. But they do have high-reward potential, too.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 7 Best Bond Funds to Buy for a Shifting Interest Rates With that in mind, here is a list of five cheap stocks, which I think have big upside potential. Pier 1 (PIR)Source: Shutterstock PIR Stock Price: 75 centsFurniture 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: $3.46Much 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 SaaS Stocks to Buy for Long-Term Gains 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: $5.22Note: ZNGA stock rose over $5 since this article was originally published.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: $2.88There 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. * 10 F-Rated Stocks to Sell in This Narrow Market 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: $2.86When 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 $3.04. This volatility won't give up any time soon. Thus, if you want to avoid volatility, I'd 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-to-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 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post 5 Stocks to Buy That Are $5 or Under appeared first on InvestorPlace.
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.
Women’s clothing retailer Francesca’s Holdings Corp. has hired Rothschild & Co. and other advisers to help explore its options as it faces declining sales and slow foot traffic in stores.
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 Corp. said Thursday that it is exploring strategic alternatives, including a potential sale of the company or a financing or refinancing. The struggling boutique retailer has not set a timeline for the analysis and doesn't expect to discuss it further unless a transaction or other resolution is determined. Francesca's says it also expects to appoint Michael Prendergast interim chief executive, succeeding Steve Lawrence, who resigned from the company to pursue other opportunities, effective Feb. 1, 2019. Francesca's shares were up 1.8% in premarket trading before being put on hold. The stock has plummeted 86% over the past year while the S&P 500 index is down 5.1% for the period.
Francesca’s Holdings Corporation (FRAN) today announced that it is exploring strategic alternatives and a change to senior management. On January 31, 2019, Francesca’s Holding Corp. (the “Company”) announced that its Board of Directors has initiated a review of its strategic and financial alternatives to maximize value, including a potential sale of the Company, a financing or a refinancing. The Company has engaged Rothschild & Co and other advisors to assist in the process.
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.
NEW YORK, Jan. 23, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
NEW YORK , Dec. 20, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Thursday, January 3 : Arlo Technologies ...
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.
Net sales decreased 10% to $95.4 million and comparable sales decreased 14%Diluted loss per share was $0.47 Adjusted diluted loss per share was $0.17 Company recorded non-cash.
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.
A non-cash asset impairment of approximately $15 million is expected to be taken in the third quarter. This non-cash asset impairment is primarily associated with long-lived boutique assets and will have a $0.32 diluted loss per share impact. GAAP loss per share is expected to be between ($0.51) to ($0.49). Excluding the expected non-cash asset impairment (see Non-GAAP Information below), adjusted loss per share is expected to be between ($0.19) and ($0.17). Average ending inventory per boutique is expected to be approximately 6% lower as compared to the same prior year period, excluding last year’s $2.6 million reserve taken on back-to-school product.
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.