Franchise Brands (LON:FRAN) Sets New 1-Year Low – Here’s What Happened

Franchise Brands plc (LON:FRAN) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 125 ($1.64) and last traded at GBX 125 ($1.64), with a volume of 27578 shares traded. The stock had previously closed at GBX 130 ($1.70).

Franchise Brands Stock Performance

The company has a current ratio of 1.39, a quick ratio of 1.57 and a debt-to-equity ratio of 42.67. The firm has a market capitalization of £241.61 million, a P/E ratio of 31.38 and a beta of 0.82. The business’s 50 day simple moving average is GBX 142.82 and its two-hundred day simple moving average is GBX 150.81.

Franchise Brands (LON:FRAN) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 8.59 ($0.11) earnings per share for the quarter. Franchise Brands had a net margin of 6.43% and a return on equity of 3.60%. Sell-side analysts anticipate that Franchise Brands plc will post 11.3266098 EPS for the current fiscal year.

Franchise Brands Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, May 8th will be issued a dividend of GBX 1.30 ($0.02) per share. This represents a dividend yield of 0.95%. This is a boost from Franchise Brands’s previous dividend of $1.10. The ex-dividend date is Thursday, May 8th. Franchise Brands’s payout ratio is presently 50.21%.

Insider Buying and Selling

In other news, insider Peter Kear acquired 35,000 shares of Franchise Brands stock in a transaction that occurred on Thursday, January 30th. The stock was bought at an average price of GBX 136 ($1.78) per share, for a total transaction of £47,600 ($62,279.21). Also, insider Louise George bought 100,000 shares of the company’s stock in a transaction on Monday, February 10th. The stock was purchased at an average cost of GBX 148 ($1.94) per share, for a total transaction of £148,000 ($193,641.24). Over the last quarter, insiders have purchased 235,000 shares of company stock worth $33,585,000. 39.04% of the stock is owned by insiders.

Franchise Brands Company Profile

Franchise Brands is an international, multi-brand franchisor focused on B2B van-based service with seven franchise brands and a presence in 10 countries across the UK, North America and Europe. The Group is focused on building market-leading businesses primarily via a franchise model and has a combined network of over 600 franchisees.

The Company owns several market-leading brands with long trading histories, including Pirtek in Europe, Filta, Metro Rod and Metro Plumb, all of which benefit from the Group’s central support services, particularly technology, marketing, and finance.