As of Wednesday close, Franchise Group Inc.’s (NASDAQ:FRG) stock was up $0.02, moving up 0.08 percent to $25.72. The average number of shares traded per day over the past five days has been 466,380 shares. 3 times new highs have been achieved over the past 5 days, with a $0.84 gain in that time frame. In the last twenty days, the average volume was 698,835, while in the previous 50 days, it was 586,450.
Since last month, FRG stock retreated -10.10%. Shares of the company fell to $23.62 on 11/07/22, the lowest level in the past month. A 52-week high of $55.10 was reached on 01/03/22 after having rallying from a 52-week low of $22.93. Since the beginning of this year, FRG’s stock price has dropped by -50.69% or -$26.44, and marked a new high 1 time. However, the stock has declined by -53.32% since its 52-week high.
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FRG stock investors should be aware that Franchise Group Inc. (FRG) stock had its last reported insider trading activity 101 days ago on Aug 15. Laurence Andrew M, the EXECUTIVE VICE PRESIDENT of the company, purchased of 109 shares for $31.64 on Aug 15. It resulted in a $3,449 investment by the insider. KAHN BRIAN RANDALL added 100,000 shares at an average price of $37.50 on May 09. The insider now owns 8,864,610 shares following the transaction. On Mar 11, Director Cozza Patrick A bought 2,000 shares at $42.50 apiece. The transaction was valued at $85,000.
Right now, Franchise Group Inc. (FRG) has a P/E ratio of about 14.27. The stock’s beta is 1.70. Besides these, the trailing price-to-sales (P/S) ratio of 0.23, the price-to-book (PB) ratio of 1.88.
The latest dividend of $0.6250 per share was paid out, remained unchanged from last year’s $0.6250. On Tuesday December 7 2021, a $0.25 dividend increase was announced.
In the three months ended June 29, Franchise Group Inc.’s quick ratio stood at 0.60, while its current ratio was 1.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.36, and the total debt-to-equity ratio was 3.08. On the profitability front, the trailing twelve-month gross margin is 42.90% percent. In the year ended June 29, operating margins totaled 5.70%. Based on annual data, FRG earned $1.33 billion in gross profit and brought in $3.26 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.90%. Return on equity (ROE) for the past 12 months was 10.30%.
In Franchise Group Inc.’s quarter-end financial report for June 29, it reported total debt of $1.29 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. FRG’s revenue rose 21.17% to $1.09 billion during the quarter, while net income inched up to $1.05 billion. While analysts expected Franchise Group Inc. to report $1.28 quarterly earnings, the actual figure was $1.19 per share, beating the consensus estimate by -7.00%. During the quarter, the company generated $79.0 million in EBITDA. The liabilities of Franchise Group Inc. were 3.12 billion at the end of its most recent quarter ended June 29, and its total debt was $2.48 billion. The value of shareholders’ equity is $38.21 million.
This quick technical analysis looks at Franchise Group Inc.’s (FRG) price momentum. With a historical volatility rate of 54.94%, the RSI 9-day stood at 47.13% on 23 November.
With respect to its five-day moving average, the current Franchise Group Inc. price is up by +3.38% percent or $0.84. At present, FRG shares trade -11.25% below its 20-day simple moving average and -17.98% percent below its 100-day simple moving average. However, the stock is currently trading approximately -22.86% below its SMA50 and -48.35% below its SMA200.
Stochastic coefficient K was 35.13% and Stochastic coefficient D was 27.91%, while ATR was 1.27. Given the Stochastic reading of 51.34% for the 14-day period, the RSI (14) reading has been calculated as 45.87%. As of today, the MACD Oscillator reading stands at -0.23, while the 14-day reading stands at 0.01.
Oppenheimer launched its rating on Franchise Group Inc. (NASDAQ: FRG) to an Outperform in a note to investors on April 22, 2021. Franchise Group Inc. (FRG) has been rated Buy by analysts. According to 0 brokerage firms, FRG is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Franchise Group Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $40.00, the current consensus forecast for the stock is $28.00 – $46.00. Based on these forecasts, analysts predict Franchise Group Inc. (FRG) will achieve an average price target of $38.20.