Franklin Covey Co. (NYSE:FC) – Stock analysts at Barrington Research boosted their FY2021 earnings per share (EPS) estimates for Franklin Covey in a research report issued on Monday, November 9th. Barrington Research analyst A. Paris. Jr now anticipates that the business services provider will post earnings per share of $0.02 for the year, up from their prior estimate of ($0.17). Barrington Research has a “Outperform” rating on the stock. Franklin Covey (NYSE:FC) last released its quarterly earnings data on Thursday, November 5th. The business services provider reported $0.15 EPS for the quarter, beating the consensus estimate of ($0.17) by $0.32. Franklin Covey had a negative net margin of 2.12% and a positive return on equity of 7.66%.
A number of other brokerages have also commented on FC. William Blair reaffirmed a “market perform” rating on shares of Franklin Covey in a research report on Friday, November 6th. Zacks Investment Research upgraded shares of Franklin Covey from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Wednesday. Roth Capital raised their target price on shares of Franklin Covey from $25.00 to $30.00 in a research note on Monday. Finally, ValuEngine upgraded shares of Franklin Covey from a “hold” rating to a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Franklin Covey currently has an average rating of “Buy” and a consensus target price of $26.75.
Franklin Covey stock traded down $0.96 during midday trading on Wednesday, reaching $23.58. The stock had a trading volume of 404 shares, compared to its average volume of 110,971. The company has a quick ratio of 1.11, a current ratio of 1.14 and a debt-to-equity ratio of 0.80. Franklin Covey has a 52-week low of $12.61 and a 52-week high of $40.30. The firm has a market cap of $340.57 million, a price-to-earnings ratio of -36.09 and a beta of 1.50. The company has a fifty day moving average of $18.13 and a 200 day moving average of $19.66.
A number of large investors have recently bought and sold shares of FC. BNP Paribas Arbitrage SA raised its stake in shares of Franklin Covey by 543.7% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,948 shares of the business services provider’s stock valued at $52,000 after acquiring an additional 2,490 shares during the period. SG Americas Securities LLC acquired a new stake in Franklin Covey during the 2nd quarter worth $146,000. American International Group Inc. boosted its stake in Franklin Covey by 32.8% during the 2nd quarter. American International Group Inc. now owns 7,661 shares of the business services provider’s stock worth $164,000 after purchasing an additional 1,894 shares during the period. Marshall Wace LLP boosted its stake in Franklin Covey by 305.4% during the 1st quarter. Marshall Wace LLP now owns 7,268 shares of the business services provider’s stock worth $184,000 after purchasing an additional 5,475 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of Franklin Covey in the 2nd quarter worth $230,000. Institutional investors own 61.02% of the company’s stock.
About Franklin Covey
Franklin Covey Co provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through three segments: Direct Offices, International Licensees, and Education Practice.
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