NEW YORK (TheStreet) -- Before Thursday's market open, Francesca's Holdings undefined stock rating was lowered to "sector weight" from "overweight" at KeyBanc Capital Markets on a valuation call.
Shares of the Houston-based apparel and accessories retailer have increased 30.9% since November, compared with a 3.2% decline for the S&P 500 in the same period, KeyBanc analysts wrote in a note this morning.
Francesca's stock closed up 3.63% to $19.11 on heavy trading volume today as shares continue to benefit from the company's strong fiscal 2015 fourth quarter financial results, which were released on Wednesday before the market open.
"FRAN posted a particularly impressive +11% comp in the quarter, especially considering the highly promotional measures taken in 4Q14 to clear through elevated inventory levels," analysts noted. "Strength was once again broad based with apparel up 35%, and jewelry and gifting increasing 23% and 26%, respectively."
By the end of the trading day, 2.5 million shares of Francesca's had exchanged hands, compared with its average daily volume of 774,654 shares.
Separately, Francesca's has a "hold" rating and a letter grade of C+ at TheStreet Ratings because of the company's strengths, such as revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance, and its weaknesses, including weak operating cash flow, deteriorating net income and disappointing return on equity.
You can view the full analysis from the report here: FRAN
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.