特许经营集团(纳斯达克：FRG)股价创下52周新低，至29.66美元

Shares of Franchise Group, Inc. (NASDAQ:FRG – Get Rating) reached a new 52-week low during trading on Thursday . The company traded as low as $29.66 and last traded at $29.71, with a volume of 761666 shares. The stock had previously closed at $31.36.

Separately, B. Riley dropped their price objective on Franchise Group from $65.00 to $63.00 in a report on Friday, May 6th.

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The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 3.44, a P/E/G ratio of 0.44 and a beta of 1.75. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.75 and a current ratio of 1.42. The business has a fifty day moving average price of $37.59 and a 200 day moving average price of $42.86.

Franchise Group (NASDAQ:FRG – Get Rating) last released its quarterly earnings data on Thursday, May 5th. The company reported $1.29 EPS for the quarter, topping analysts' consensus estimates of $1.08 by $0.21. Franchise Group had a return on equity of 26.34% and a net margin of 9.61%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the prior year, the firm posted $0.90 EPS. The business's revenue for the quarter was up 82.7% on a year-over-year basis. On average, analysts expect that Franchise Group, Inc. will post 4.97 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 15th. Investors of record on Friday, July 1st will be issued a $0.625 dividend. The ex-dividend date of this dividend is Thursday, June 30th. This represents a $2.50 annualized dividend and a yield of 8.41%. Franchise Group's dividend payout ratio is currently 28.97%.

In related news, CEO Brian Randall Kahn purchased 100,000 shares of the stock in a transaction that occurred on Monday, May 9th. The stock was purchased at an average cost of $37.50 per share, for a total transaction of $3,750,000.00. Following the acquisition, the chief executive officer now owns 8,864,610 shares in the company, valued at $332,422,875. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 32.30% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. TFO TDC LLC acquired a new stake in shares of Franchise Group during the first quarter valued at about $27,000. Point72 Hong Kong Ltd acquired a new stake in shares of Franchise Group during the fourth quarter valued at about $46,000. Financial Management Professionals Inc. acquired a new stake in shares of Franchise Group during the fourth quarter valued at about $65,000. Captrust Financial Advisors grew its stake in shares of Franchise Group by 44.9% during the third quarter. Captrust Financial Advisors now owns 1,985 shares of the company's stock valued at $71,000 after acquiring an additional 615 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC acquired a new stake in shares of Franchise Group during the first quarter valued at about $84,000. Hedge funds and other institutional investors own 45.51% of the company's stock.

Franchise Group Company Profile (NASDAQ:FRG)

Franchise Group, Inc owns and operates franchised and franchisable businesses. It operates through six segments: Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's, and Sylvan. The Vitamin Shoppe segment operates as an omnichannel specialty retailer of vitamins, minerals, herbs, specialty supplements, sports nutrition, and other health and wellness products under the BodyTech, True Athlete, plnt, The Vitamin Shoppe, ProBioCare, Fitfactor Weight Management System, and Vthrive The Vitamin Shoppe brands.

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