Franchise Brands (LON:FRAN) Insider Neil Miller Buys 7,000 Shares of Company Stock

Key Points

• Insider buying: Neil Miller purchased 7,000 Franchise Brands shares at GBX 155 each, worth £10,850, following an 8,000-share purchase in August.
• Share performance and financials: FRAN shares opened at GBX 152.97, with a market capitalization of £293.07 million and a price-to-earnings ratio of 27.22. The company reported quarterly EPS of GBX 4.81 and analysts expect full-year EPS of 11.33 pence.
• Analyst outlook: Berenberg reaffirmed a “Buy” rating with a GBX 185 target price; the broader analyst consensus is also “Buy,” with an average target of GBX 197.50.

Franchise Brands plc (LON:FRAN - Get Free Report) insider Neil Miller purchased 7,000 shares of the business's stock in a transaction dated Monday, October 12th. The shares were purchased at an average price 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 acquired 8,000 shares of Franchise Brands stock. The stock was purchased at an average cost of GBX 153 per share, with a total value of £12,240.

Franchise Brands Trading Up 0.6%

Shares of FRAN stock opened at GBX 152.97 on Wednesday. The stock has a market capitalization of £293.07 million, a price-to-earnings ratio of 27.22 and a beta of 0.47. The company's fifty day simple moving average is GBX 153.74 and its two-hundred day simple moving average is GBX 144.59. Franchise Brands plc has a 1 year low of GBX 104.66 and a 1 year high of GBX 161.04. 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 posted 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%. As a group, analysts anticipate that Franchise Brands plc will post 11.33 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

Franchise Brands Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.