Franchise Brands (LON:FRAN) Insider Buys £60,500 in Stock

Key Points

• Stephen Hemsley, an insider at Franchise Brands plc, bought 50,000 shares of the company for a total of £60,500, reflecting confidence in the company’s prospects.
• Franchise Brands' stock experienced a 2.2% increase, opening at GBX 123.63 following the insider purchase.
• The company's latest quarterly earnings report showed an EPS of GBX 4.42 and a net margin of 6.43%, indicating moderate profitability.

Franchise Brands plc (LON:FRAN - Get Free Report) insider Stephen Hemsley purchased 50,000 shares of the stock in a transaction that occurred on Wednesday, October 8th. The shares were acquired at an average cost of GBX 121 per share, with a total value of £60,500.

Franchise Brands Stock Up 2.2%

FRAN stock opened at GBX 123.63 on Thursday. The company has a quick ratio of 1.57, a current ratio of 1.39 and a debt-to-equity ratio of 42.67. The business has a 50 day moving average of GBX 134.52 and a 200 day moving average of GBX 141.09. Franchise Brands plc has a twelve month low of GBX 117.50 and a twelve month high of GBX 185. The firm has a market cap of £237.91 million, a PE ratio of 3,075.45 and a beta of 0.82.

Franchise Brands (LON:FRAN - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported GBX 4.42 EPS for the quarter. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%. On average, research analysts forecast that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

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.

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