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Hot Stocks
Franchise Group's The Vitamin Shoppe launches franchising model » 16:03
05/26/21
05/26
16:03
05/26/21
16:03
FRG

Franchise Group

$36.87 /

+0.07 (+0.19%)

The Vitamin Shoppe…

The Vitamin Shoppe announced the launch of an innovative franchising model for independent operators to open The Vitamin Shoppe stores in their own communities around the United States. This is the first time in its 44-year history that The Vitamin Shoppe will partner with business owners to operate franchise stores. The Vitamin Shoppe's unique franchise model rewards franchise partners for driving VitaminShoppe.com and VShoppe app sales, via a commission structure that creates a seamless omnichannel experience for both franchisees and their customers. The customer experience across franchise stores is designed to be identical and indistinguishable from the 680+ retail locations owned by The Vitamin Shoppe. The first franchised locations of The Vitamin Shoppe stores are expected to open later this year.

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FRG Franchise Group
$36.87 /

+0.07 (+0.19%)

FRG Franchise Group
$36.87 /

+0.07 (+0.19%)

04/21/21 Oppenheimer
Opco starts Franchise Group at Outperform, sees 'interesting' opportunity
04/21/21 Oppenheimer
Franchise Group initiated with an Outperform at Oppenheimer
03/11/21 Barrington
Franchise Group price target raised to $48 from $40 at Barrington
03/11/21 DA Davidson
Franchise Group price target raised to $49 from $40 at DA Davidson
FRG Franchise Group
$36.87 /

+0.07 (+0.19%)

  • 26
    Jun
Over a month ago
Initiation
Opco starts Franchise Group at Outperform, sees 'interesting' opportunity » 16:30
04/21/21
04/21
16:30
04/21/21
16:30
FRG

Franchise Group

$37.15 /

+1.1 (+3.05%)

, DRVN

Driven Brands

$24.99 /

-0.13 (-0.52%)

Oppenheimer analyst Ian…

Oppenheimer analyst Ian Zaffino initiated coverage of Franchise Group (FRG) with an Outperform rating and $50 price target. The company represents an "interesting investment opportunity" with double-digit EBITDA growth, a double-digit free cash flow yield and a "substantial" opportunity to increase its mix of franchised locations, Zaffino tells investors in a research note. The analyst says Franchise Group can close some of its valuation gap with Driven Brands (DRVN) as it continues to grow same-store-sales, store count, its mix of franchised locations and margins.

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FRG Franchise Group
$37.15 /

+1.1 (+3.05%)

DRVN Driven Brands
$24.99 /

-0.13 (-0.52%)

FRG Franchise Group
$37.15 /

+1.1 (+3.05%)

04/21/21 Oppenheimer
Franchise Group initiated with an Outperform at Oppenheimer
03/11/21 Barrington
Franchise Group price target raised to $48 from $40 at Barrington
03/11/21 DA Davidson
Franchise Group price target raised to $49 from $40 at DA Davidson
03/11/21 B. Riley
Franchise Group price target raised to $46 from $38 at B. Riley Securities
DRVN Driven Brands
$24.99 /

-0.13 (-0.52%)

02/09/21 JPMorgan
Driven Brands initiated with an Overweight at JPMorgan
02/09/21
Fly Intel: Top five analyst initiations
02/09/21 William Blair
Driven Brands initiated with an Outperform at William Blair
02/09/21 Morgan Stanley
Driven Brands initiated with an Equal Weight at Morgan Stanley
FRG Franchise Group
$37.15 /

+1.1 (+3.05%)

DRVN Driven Brands
$24.99 /

-0.13 (-0.52%)

  • 15
    Jan
  • 26
    Jun
DRVN Driven Brands
$24.99 /

-0.13 (-0.52%)

DRVN Driven Brands
$24.99 /

-0.13 (-0.52%)

Initiation
Franchise Group initiated with an Outperform at Oppenheimer » 16:11
04/21/21
04/21
16:11
04/21/21
16:11
FRG

Franchise Group

$37.07 /

+1.02 (+2.83%)

Oppenheimer analyst Ian…

Oppenheimer analyst Ian Zaffino initiated coverage of Franchise Group with an Outperform rating and $50 price target.

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FRG Franchise Group
$37.07 /

+1.02 (+2.83%)

FRG Franchise Group
$37.07 /

+1.02 (+2.83%)

03/11/21 Barrington
Franchise Group price target raised to $48 from $40 at Barrington
03/11/21 DA Davidson
Franchise Group price target raised to $49 from $40 at DA Davidson
03/11/21 B. Riley
Franchise Group price target raised to $46 from $38 at B. Riley Securities
01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
FRG Franchise Group
$37.07 /

+1.02 (+2.83%)

  • 26
    Jun
Conference/Events
Franchise Group management to meet virtually with B. Riley » 04:55
04/20/21
04/20
04:55
04/20/21
04:55
FRG

Franchise Group

$37.16 /

-0.16 (-0.43%)

Virtual Meeting to be…

Virtual Meeting to be held on April 20 hosted by B. Riley.

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FRG Franchise Group
$37.16 /

-0.16 (-0.43%)

FRG Franchise Group
$37.16 /

-0.16 (-0.43%)

03/11/21 Barrington
Franchise Group price target raised to $48 from $40 at Barrington
03/11/21 DA Davidson
Franchise Group price target raised to $49 from $40 at DA Davidson
03/11/21 B. Riley
Franchise Group price target raised to $46 from $38 at B. Riley Securities
01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
FRG Franchise Group
$37.16 /

-0.16 (-0.43%)

  • 26
    Jun
Conference/Events
Franchise Group management to meet virtually with B. Riley » 11:54
04/14/21
04/14
11:54
04/14/21
11:54
FRG

Franchise Group

$36.86 /

+0.82 (+2.28%)

Virtual Meeting to be…

Virtual Meeting to be held on April 20 hosted by B. Riley.

ShowHide Related Items >><<
FRG Franchise Group
$36.86 /

+0.82 (+2.28%)

FRG Franchise Group
$36.86 /

+0.82 (+2.28%)

03/11/21 Barrington
Franchise Group price target raised to $48 from $40 at Barrington
03/11/21 DA Davidson
Franchise Group price target raised to $49 from $40 at DA Davidson
03/11/21 B. Riley
Franchise Group price target raised to $46 from $38 at B. Riley Securities
01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
FRG Franchise Group
$36.86 /

+0.82 (+2.28%)

  • 26
    Jun
Over a quarter ago
Recommendations
Franchise Group price target raised to $48 from $40 at Barrington » 10:08
03/11/21
03/11
10:08
03/11/21
10:08
FRG

Franchise Group

$41.25 /

+0.75 (+1.85%)

Barrington analyst…

Barrington analyst Alexander Paris raised the firm's price target on Franchise Group to $48 from $40 on higher earnings expectations, while keeping an Outperform rating on the shares. The analyst believes that as Franchise Group transitions its revenue base from company-owned stores to one that includes a greater proportion of franchised stores, valuation will expand. The combination of higher earnings, an expanding multiple and a sustainable and growing dividend, and is targeted to be 25% of adjusted EBITDA should provide shareholders with an above-average total return over time, Paris contends.

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FRG Franchise Group
$41.25 /

+0.75 (+1.85%)

FRG Franchise Group
$41.25 /

+0.75 (+1.85%)

03/11/21 DA Davidson
Franchise Group price target raised to $49 from $40 at DA Davidson
03/11/21 B. Riley
Franchise Group price target raised to $46 from $38 at B. Riley Securities
01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
01/14/21 B. Riley
Franchise Group price target raised to $38 from $34 at B. Riley Securities
FRG Franchise Group
$41.25 /

+0.75 (+1.85%)

  • 26
    Jun
FRG Franchise Group
$41.25 /

+0.75 (+1.85%)

Recommendations
Franchise Group price target raised to $49 from $40 at DA Davidson » 09:22
03/11/21
03/11
09:22
03/11/21
09:22
FRG

Franchise Group

$40.44 /

+1.44 (+3.69%)

DA Davidson analyst…

DA Davidson analyst Michael Baker raised the firm's price target on Franchise Group to $49 from $40 and keeps a Buy rating on the shares. The company's Q4 results and FY21 guidance were "favorable", while the management's plan for this year shows a "strong combination of organic growth and growth from acquisition", the analyst tells investors in a research note. Baker is also positive on the stock thanks to Franchise Group's "much improved" balance sheet, "compelling" free cash flow model, and "consistent" dividend payout.

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FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

03/11/21 B. Riley
Franchise Group price target raised to $46 from $38 at B. Riley Securities
01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
01/14/21 B. Riley
Franchise Group price target raised to $38 from $34 at B. Riley Securities
01/05/21 B. Riley
Franchise Group benefiting from strong appliance demand, says B. Riley
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

  • 26
    Jun
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

Recommendations
Franchise Group price target raised to $46 from $38 at B. Riley Securities » 08:29
03/11/21
03/11
08:29
03/11/21
08:29
FRG

Franchise Group

$40.44 /

+1.44 (+3.69%)

B. Riley Securities…

B. Riley Securities analyst Susan Anderson raised the firm's price target on Franchise Group to $46 from $38 and keeps a Buy rating on the shares post the Q4 results and closing of the Pet Supplies Plus acquisition. The analyst believes Franchise Group is positioned to further drive shareholder returns through improved cash flows.

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FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
01/14/21 B. Riley
Franchise Group price target raised to $38 from $34 at B. Riley Securities
01/05/21 B. Riley
Franchise Group benefiting from strong appliance demand, says B. Riley
12/15/20
Fly Intel: Top five analyst initiations
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

  • 26
    Jun
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

Earnings
Franchise Group sees FY21 EPS at least $3.25, consensus $2.83 » 16:14
03/10/21
03/10
16:14
03/10/21
16:14
FRG

Franchise Group

$40.44 /

+1.44 (+3.69%)

For the fiscal year 2021,…

For the fiscal year 2021, the Company expects revenue of $3.0B - $3.1B net income of at least $40M or $1.00 per share, Adjusted EBITDA of at least $310 million and Non-GAAP EPS of at least $3.25 per share. In calculating EPS, the Company is using 40 million weighted average shares outstanding. Non-GAAP EPS is calculated by adding the tax effected impact of adjustments to EBITDA to net income on a per share basis. In calculating Non-GAAP EPS, the Company is currently using an effective tax rate of 26%. Actual cash taxes are expected to be minimal in 2021. Consensus for FY21 revenue is $2.44B.

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FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
01/14/21 B. Riley
Franchise Group price target raised to $38 from $34 at B. Riley Securities
01/05/21 B. Riley
Franchise Group benefiting from strong appliance demand, says B. Riley
12/15/20
Fly Intel: Top five analyst initiations
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

  • 26
    Jun
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

Earnings
Franchise Group reports Q4 EPS (12c), consensus 11c » 16:10
03/10/21
03/10
16:10
03/10/21
16:10
FRG

Franchise Group

$40.44 /

+1.44 (+3.69%)

Reports Q4 revenue…

Reports Q4 revenue $496.3M, consensus $498.12M. Brian Kahn, Franchise Group's President and CEO stated, "Our management teams, associates and franchisees overcame challenging obstacles in 2020 and adapted in a manner that has strengthened our brands and positioned them favorably for the future. In the fourth quarter of 2020, we continued to enhance our cash flow by driving revenue and cost synergies from an increasingly diverse set of operating brands. We expect to carry this momentum into 2021."

ShowHide Related Items >><<
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

01/25/21 Barrington
Franchise Group price target raised to $40 from $33 at Barrington
01/14/21 B. Riley
Franchise Group price target raised to $38 from $34 at B. Riley Securities
01/05/21 B. Riley
Franchise Group benefiting from strong appliance demand, says B. Riley
12/15/20
Fly Intel: Top five analyst initiations
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

  • 26
    Jun
FRG Franchise Group
$40.44 /

+1.44 (+3.69%)

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