Franchise Group, Inc. (NASDAQ: FRG) director Martin Lamb sold 10,000 shares in a trade that took place on Friday, May 21. The shares were sold at an average price of $ 30.01, for a total trade of $ 300,100.00.

The NASDAQ FRG traded higher $ 0.98 on Tuesday, reaching $ 34.29. The company had a trading volume of 520 shares, compared to its average volume of 169,639. The company has a market capitalization of $ 1.38 billion, a price / earnings ratio of 30.79, a price / earnings ratio. -growth of 0.66 and a beta of 2.00. The company has a quick ratio of 0.70, a current ratio of 1.46 and a debt ratio of 2.68. Franchise Group, Inc. has a one-year minimum of $ 20.54 and a one-year maximum of $ 41.50. The fifty-day moving average share price is $ 36.02.

Franchise Group (NASDAQ: FRG) last released its quarterly results on Thursday, May 6. The company reported EPS of $ 0.90 for the quarter, beating analyst consensus estimates of $ 0.87 by $ 0.03. The company posted revenue of $ 621.35 million for the quarter, compared to analysts’ estimates of $ 709.82 million. Franchise Group recorded a positive return on equity of 11.75% and a negative net margin of 0.95%. The Franchise Group’s revenue for the quarter increased 23.5% year-over-year. Research analysts predict that Franchise Group, Inc. will post earnings per share of 3.37 for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 15. Shareholders of record on Thursday July 1 received a dividend of $ 0.375 per share. This represents a dividend of $ 1.50 on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend was Wednesday June 30. The Franchise Group’s dividend payout ratio (DPR) is currently 94.94%.

Several equity research analysts commented on the stock. Aegis began covering Franchise Group shares in a research note on Wednesday, July 14. They issued a “buy” note and a target price of $ 50.00 for the company. TheStreet upgraded Franchise Group shares from a “d +” rating to a “c-” rating in a research report released on Thursday, May 27. Zacks Investment Research downgraded Franchise Group’s rating from a “hold” rating to a “sell” rating in a Wednesday July 7 research note. Finally, Oppenheimer began covering Franchise Group in a research note on Wednesday, June 16. They issued a “buy” note and a target price of $ 50.00 for the company. One investment analyst rated the stock with a sell rating, another issued a custody rating, and six assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $ 44.50.

Institutional investors and hedge funds have recently changed their holdings in the company. Hodges Capital Management Inc. increased its position in Franchise Group shares by 95.2% in the second quarter. Hodges Capital Management Inc. now owns 20,200 shares of the company valued at $ 712,000 after purchasing an additional 9,850 shares in the last quarter. Millennium Management LLC purchased a new position in Franchise Group in the first quarter valued at $ 1,807,000. Punch & Associates Investment Management Inc. increased its stake in Franchise Group by 49.7% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 547,611 shares of the company valued at $ 19,774,000 after purchasing an additional 181,907 shares during the last quarter. Verition Fund Management LLC strengthened its position in Franchise Group by 85.8% during the 1st quarter. Verition Fund Management LLC now owns 28,534 shares of the company valued at $ 1,030,000 after purchasing an additional 13,178 shares in the last quarter. Finally, Morgan Stanley increased its stake in Franchise Group shares by 151.0% during the first quarter. Morgan Stanley now owns 49,939 shares of the company valued at $ 1,803,000 after purchasing an additional 30,042 shares in the last quarter. 45.65% of the capital is held by institutional investors.

Franchise Group Company Profile

Franchise Group, Inc. operates as a retailer, franchisor operator and acquirer of franchise and franchisable businesses. It operates through 4 segments: Liberty Tax, Buddy’s, Sears Outlet and Vitamin Shoppe. The company provides tax preparation services in the United States and Canada; and franchises and operates option-to-purchase rental stores that rent durable goods to customers, such as electronics, home furnishings, appliances and household accessories.

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This does not mean that e-commerce is going to disappear. In fact, a characteristic common to many of these stocks is that they expanded or improved their digital footprint during the pandemic.

This special presentation focuses on retailers who plan to increase their physical footprint in 2021. And some plan to do so with a substantial margin. Again, this doesn’t signal a transformative change in the overall trend, but it does mean that for the foreseeable future, brick and mortar will have some relevance.

Check out the “7 Retailers Who Are Going Against The Ecommerce Trend.”