Worth Watching Stocks: LaSalle Hotel Properties (NYSE:LHO) , Francesca’s Holdings Corporation (NASDAQ:FRAN)

On 4/6/2017, Shares of LaSalle Hotel Properties (NYSE:LHO) closed at $28.93 in last trading day. After noting the initial trading entry at $28.53, it reached to a day’s high of $28.95 and moved to a day’s low of $28.24. The recent daily volume was 980.71 thousand as contrast to it’s an average volume of 1.5 million.

Technical Indicators:

The last close of the LaSalle Hotel Properties stock reflects that it traded -0.22% from its 50-day moving average of $29.00. The stock traded above +3.32% to its 200-day MA of $28.00. Furthermore, it moved lower -9.22% from its 52-week high of $31.87 and +34.18% up from $21.56, which is 52-week low of the stock.

LaSalle Hotel Properties’s (LHO) moved with shift of -0.03% in the past week. Over the last three months, the shares of the company have changed -3.02% and performed 25.48% over the last six months. The stock currently has Monthly Volatility of 2.18% and Weekly Volatility of 2.51%.

April 3, 2017 LaSalle Hotel Properties (LHO)  announced it has sold two hotel assets and is under contract to sell a third hotel for a combined $218.9 million of proceeds:

 

Lansdowne Resort for $133.0 million. The Company acquired the resort in June 2003 for $115.8 million.

Alexis Hotel for $71.6 million. The Company acquired the hotel in June 2006 for $38.0 million.

Hotel Triton is under contract for $14.25 million. The Company expects the sale to close in April 2017. The Company acquired the hotel in August 2013 for $10.9 million.

The Company will use proceeds from the asset sales to redeem the $68.8 million outstanding of 7.5 percent Series H Preferred Shares and for general corporate purposes. The Preferred Share redemption will close on May 4, 2017.

Francesca’s Holdings Corporation (NASDAQ:FRAN) finalized the last transaction at value of $14.74, with a daily change of +4.02% or +0.57 points. The company maintained volume of 929.5 thousand shares. In past trading day, the stock hit the maximum price of $14.92 and touched to minimum value of $14.25. It has a market cap of $ 553.35M.

Technical Indicators:

As of last trade close, the stock is trading  downside -34.17% from its one year high of $22.39 and moved +51.18% upward from $9.75, which is one year low of the stock.

The stock traded below -9.77% from its 50-day moving average of $16.34. Furthermore, the stock moved -13.70% to its 200-day MA of $ 17.08.

During the last month, Francesca’s Holdings Corporation’s (FRAN) has changed -11.15% and performed -7.76% over the last 6 months. The mean rating score for this stock is at 3.10. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 4.46% in recent month and observed Weekly Volatility of 5.11%.

April 3, 2017 Active Wall St. announces its post-earnings coverage on Francesca’s Holdings Corp. (NASDAQ: FRAN). The Company posted its fourth quarter fiscal and fiscal year 2016 financial results on March 21, 2017. The clothing retailer surpassed sales and earnings expectations.

One of Francesca’s Holdings’ competitors within the Apparel Stores space, The Cato Corp. (NYSE: CATO), reported on March 16, 2017, its earnings for the fourth quarter and year ended January 28, 2017. AWS will be initiating a research report on Cato in the coming days.

For the quarter ended January 28, 2017, Francesca’s net sales increased 9% to $146.3 million from $134.6 million in Q4 FY15. This increase was due to the addition of 55 net new boutiques since the prior year’s same period and a 42% increase in ecommerce sales driven by increased website traffic and conversion rate. Comparable sales were flat in the reported quarter compared to the same period last year as the increase in average transaction value offset the decrease in transactions. The Company’s revenue numbers came ahead of analysts’ consensus of $145.7 million. Francesca’s net sales increased 11% to $487.2 million for FY16 from $439.4 million in the prior year.

 

During Q4 FY16, Francesca’s gross profit, as a percent of net sales, decreased to 46.4% from 49.1% in the previous year’s same quarter. This unfavorable variance was principally due to the Company’s strategic move to take accelerated markdowns in January, which included marking some merchandise out-of-stock at the end of the year, in order to enter fiscal year 2017 with clean inventories.

 

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