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Tuesday, January 31, 2023

Franchise Group Inc. (NASDAQ: FRG) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Franchise Group Inc. (FRG) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $28.92. The Franchise Group Inc. has recorded 5,372 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Clean Eatz Meals Now Available at VitaminShoppe.com.


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Stocks Info

Franchise Group Inc. is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Personal Services industry. At the end of the last regular session, the stock closed at $28.92 and fluctuated between $28.98 as its day high and $27.14 as its day low. The current market capitalization of Franchise Group Inc. is $1.11B. A total of 0.79 million shares were traded on the day, compared to an average of 587.60K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, FRG has seen 5 BUY and 4 SELL insider trades, representing the acquisition of 601,264 and the disposition of 250,312 shares. Over the last 12 months, there were 33 BUYs and 13 SELLs from insiders. Insiders purchased 790,128 shares during that period but sold 302,420.

In the most recent transaction, Laurence Andrew M bought 109 shares of FRG for 31.64 per share on Aug 15. After the transaction, the EXECUTIVE VICE PRESIDENT now owns 431,258 company shares. In a previous transaction on May 09, KAHN BRIAN RANDALL bought 100,000 shares at 37.50 per share. FRG shares that Chief Executive Officer owns now total 8,864,610.

Among the insiders who bought shares, Cozza Patrick A acquired of 2,000 shares on Mar 11 at a per-share price of $42.50. This resulted in the Director holding 34,814 shares of FRG after the transaction. In another insider transaction, Cozza Patrick A bought 4,000 shares at $41.00 per share on Mar 07. Company shares held by the Director now total 30,459.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Franchise Group Inc. pays an annual dividend of $2.50, resulting in a dividend yield of 8.64%, and it has a price to earnings (P/E) ratio of 16.05. FRG’s most recent ex-dividend date was 12/30/2022 when it declared a $0.6250 quarterly dividend that was paid in cash on 1/17/2023. Previously, the company paid the dividend on 10/14/2022 with an ex-dividend date of 9/29/2022. The FRG stock dividend was $0.6250 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for FRG in the last 3 months, the mean price target is $38.20 with high estimates of $46.00 and low estimates of $28.00. In terms of 52-week highs and lows, FRG has a high of $54.00 and a low of $22.67.

As of this writing, FRG has an earnings estimate of $0.71 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.74 per share and a lower estimate of $0.66. The company reported an EPS of $1.29 in the last quarter, which was 18.30% higher than expectations of $1.09.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FRG is Overweight with a score of 4.50. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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