Franchise Group (NASDAQ: FRG) is expected to report results after market close on Tuesday, November 2. Analysts expect the company to report earnings of $ 0.80 per share for the quarter. Franchise Group has set its forecast for FY2021 at $ 3.450 – $ EPS and its forecast for FY21 at at least $ 3.45 EPS.

Franchise Group (NASDAQ: FRG) last released its quarterly results on Tuesday, August 3. The company reported EPS of $ 1.16 for the quarter, beating the consensus estimate of $ 0.85 by $ 0.31. Franchise Group had a net margin of 1.57% and a return on equity of 17.53%. The company posted revenue of $ 862.76 million in the quarter, compared to a consensus estimate of $ 794.09 million. On average, analysts expect Franchise Group to post EPS of $ 4 for the current fiscal year and EPS of $ 4 for the next fiscal year.

NASDAQ: FRG shares traded down $ 0.88 on Tuesday, reaching $ 38.35. 1,472 shares of the company were traded, for an average volume of 171,960. The company has a current ratio of 1.51, a quick ratio of 0.65 and a debt ratio of 2.55. Franchise Group has a one-year minimum at $ 22.76 and a one-year maximum at $ 41.50. The company has a market cap of $ 1.54 billion, a price / earnings ratio of 45.68, a price / earnings / growth ratio of 0.65, and a beta of 1.98. The company has a 50-day moving average of $ 35.61 and a 200-day moving average of $ 35.96.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 15. Investors of record on Friday October 1 received a dividend of $ 0.375. The ex-dividend date was Thursday, September 30. This represents a dividend of $ 1.50 on an annualized basis and a return of 3.91%. The Franchise Group’s payout rate is 94.94%.

An institutional investor recently increased its position in Franchise Group shares. Morgan Stanley increased its stake in Franchise Group, Inc. (NASDAQ: FRG) by 226.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The company held 163,169 company shares after acquiring an additional 113,230 shares during the period. Morgan Stanley owned approximately 0.41% of Franchise Group valued at $ 5,754,000 at the time of its last filing with the SEC. 42.25% of the shares are currently held by hedge funds and other institutional investors.

A number of research companies have published reports on RFA. Barrington Research reaffirmed a “buy” rating and issued a target price of $ 48.00 on Franchise Group shares in a report released on Tuesday, September 28. Zacks Investment Research downgraded Franchise Group shares from a “sell” rating to a “keep” rating and set a price target of $ 39.00 for the company in a research report released on Tuesday 3 August. Finally, Aegis assumed coverage of Franchise Group shares in a research report on Wednesday, July 14. They set a “buy” rating and a price target of $ 50.00 for the company. One investment analyst rated the stock with a conservation rating and six gave the stock a buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $ 46.00.

Franchise Group Company Profile

Franchise Group, Inc. is a holding company that provides tax preparation services and related products and services. It operates through the following segments: Vitamin Shoppe, American Freight, Liberty Tax and Buddy’s. The Vitamin Shoppe segment is an omnichannel specialty retailer of vitamins, herbs, specialty supplements, sports nutrition and other health and wellness products.

Recommended story: what is operating profit?

This instant news alert was powered by narrative science technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Franchise Group now?

Before you consider Franchise Group, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold… and Franchise Group was not on the list.

While Franchise Group currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks to be better buys.

See the 5 actions here