FRANCHISE GROUP INC (FRG) Forecast, Price Target & Analyst Ratings

NASDAQ:FRG • US35180X1054

Current stock price

29.88 USD
+0.03 (+0.1%)
At close:
29.94 USD
+0.06 (+0.2%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for FRANCHISE GROUP INC (FRG).

Forecast Snapshot

Consensus Price Target

Price Target
$31.88
+ 6.68% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Nov 1, 2023
Period
Q3 / 2023
EPS Estimate
$0.57
Revenue Estimate
1.058B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$31.88
Upside
+ 6.68%
From current price of $29.88 to mean target of $31.88, Based on 8 analyst forecasts
Low
$30.30
Median
$30.60
High
$36.75

Price Target Revisions

1 Month
0.00%
3 Months
-15.08%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for FRG. The average price target is 31.88 USD. This implies a price increase of 6.68% is expected in the next year compared to the current price of 29.88.
The average price target has been revised downward by 15.08% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

FRG Current Analyst RatingFRG Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

FRG Historical Analyst RatingsFRG Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
75.00%
FRG was analyzed by 8 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about FRG.
In the previous month the buy percentage consensus was at a similar level.
FRG was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-06-13CJS SecuritiesDowngrade Market Outperform -> Market Perform
2023-05-15Barrington ResearchDowngrade Outperform -> Market Perform
2023-05-11DA DavidsonDowngrade Buy -> Neutral
2023-05-11Stephens & Co.Maintains Equal-Weight
2023-04-20Barrington ResearchReiterate Outperform
2022-11-04Barrington ResearchMaintains Outperform
2022-08-08OppenheimerMaintains Outperform
2021-11-23Aegis CapitalMaintains Buy
2021-07-14Aegis CapitalInitiate Buy
2021-04-22OppenheimerInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Nov 1, 2023
Period
Q3 / 2023
EPS Estimate
$0.57
Revenue Estimate
1.058B
Revenue Q2Q
0.62%
EPS Q2Q
-2.99%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.00%
EPS (1 Month)
0.00%
EPS (3 Months)
10.03%

Next Earnings Summary

FRG is expected to report earnings on 11/1/2023. The consensus EPS estimate for the next earnings is 0.57 USD and the consensus revenue estimate is 1.06B USD.
The next earnings revenue estimate has been revised downward by 0% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2023 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
FRG revenue by date.FRG revenue by date.
2.153B
1,524.53%		3.255B
51.23%		4.398B
35.10%		4.374B
-0.54%		4.489B
2.63%		4.683B
4.32%		4.866B
3.91%		5.084B
4.48%
EBITDA
YoY % growth
FRG ebitda by date.FRG ebitda by date.
164.1M
589.50%		299.116M
82.28%		376.57M
25.89%		333.89M
-11.33%		373.39M
11.83%		392.23M
5.05%		501.47M
27.85%		531.06M
5.90%
EBIT
YoY % growth
FRG ebit by date.FRG ebit by date.
101.6M
896.08%		226.351M
122.79%		291.207M
28.65%		267.41M
-8.17%		335.79M
25.57%		369.46M
10.03%		427.53M
15.72%		452.48M
5.84%
Operating Margin
FRG operating margin by date.FRG operating margin by date.
4.72%6.95%6.62%6.11%7.48%7.89%8.79%8.90%
EPS
YoY % growth
FRG eps by date.FRG eps by date.
N/A
6,458.33%		3.80
43.42%		3.56
-6.32%		1.81
-49.12%		3.20
76.58%		2.69
-16.00%		5.52
105.64%		6.02
8.96%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.57
-2.99%		0.85
73.14%		0.23
111.18%		0.72
159.76%		0.49
-13.53%		0.41
-51.19%
Revenue
Q2Q % growth		1.058B
0.62%		1.098B
-1.60%		1.133B
2.55%		1.122B
8.02%		1.081B
2.17%		1.113B
1.37%
EBITDA
Q2Q % growth		86.984M
-18.23%		93.114M
-25.09%		98.24M
39.70%		91.465M
36.96%		80.807M
-7.10%		78.361M
-15.84%
EBIT
Q2Q % growth		68.087M
54.77%		83.427M
114.23%		99.889M
106.08%		92.011M
308.94%		70.094M
2.95%		72.316M
-13.32%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

FRG Yearly Revenue VS EstimatesFRG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B 5B
FRG Yearly EPS VS EstimatesFRG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-8.96%
EPS Next 5 Year
11.08%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.42%
Revenue Next 5 Year
3.12%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.27%
EBIT Next 5 Year
16.31%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

FRANCHISE GROUP INC / FRG Forecast FAQ

What do analysts expect the price target to be for FRANCHISE GROUP INC (FRG)?

8 analysts have analysed FRG and the average price target is 31.88 USD. This implies a price increase of 6.68% is expected in the next year compared to the current price of 29.88.

When does FRANCHISE GROUP INC (FRG) report earnings?

FRANCHISE GROUP INC (FRG) will report earnings on 2023-11-01, after the market close.

What are the consensus estimates for FRANCHISE GROUP INC (FRG) next earnings?

The consensus EPS estimate for the next earnings of FRANCHISE GROUP INC (FRG) is 0.57 USD and the consensus revenue estimate is 1.06B USD.

How many analysts have analysed FRANCHISE GROUP INC (FRG)?

The number of analysts covering FRANCHISE GROUP INC (FRG) is 8.