Franklin Covey (NYSE:FC) Receives “Outperform” Rating from Barrington Research

Barrington Research reiterated their outperform rating on shares of Franklin Covey (NYSE:FC) in a research note published on Thursday morning, Benzinga reports. Barrington Research currently has a $45.00 target price on the business services provider’s stock. Barrington Research also issued estimates for Franklin Covey’s FY2024 earnings at $1.67 EPS and FY2025 earnings at $1.95 EPS.

Other equities research analysts also recently issued reports about the company. StockNews.com downgraded Franklin Covey from a strong-buy rating to a buy rating in a research report on Friday, June 21st. Northland Securities dropped their price target on Franklin Covey from $100.00 to $95.00 and set an outperform rating on the stock in a research report on Thursday, March 28th. Four investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of Buy and an average price target of $63.33.

Franklin Covey Stock Up 5.1 %

Shares of Franklin Covey stock opened at $36.72 on Thursday. Franklin Covey has a 12-month low of $32.19 and a 12-month high of $48.76. The stock has a market capitalization of $487.13 million, a P/E ratio of 27.40, a PEG ratio of 1.01 and a beta of 1.24. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The stock has a 50 day moving average price of $37.25 and a two-hundred day moving average price of $39.01.

Franklin Covey (NYSE:FC) last posted its quarterly earnings data on Wednesday, March 27th. The business services provider reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.01. The business had revenue of $61.34 million during the quarter, compared to the consensus estimate of $62.03 million. Franklin Covey had a net margin of 6.13% and a return on equity of 23.23%. Equities analysts expect that Franklin Covey will post 1.71 earnings per share for the current year.

Institutional Trading of Franklin Covey

Hedge funds have recently modified their holdings of the company. Hancock Whitney Corp increased its position in shares of Franklin Covey by 6.2% during the first quarter. Hancock Whitney Corp now owns 6,670 shares of the business services provider’s stock valued at $262,000 after purchasing an additional 390 shares during the period. Bares Capital Management Inc. boosted its stake in Franklin Covey by 0.8% during the first quarter. Bares Capital Management Inc. now owns 461,661 shares of the business services provider’s stock worth $18,125,000 after buying an additional 3,570 shares in the last quarter. Silvercrest Asset Management Group LLC increased its holdings in Franklin Covey by 4.6% in the 1st quarter. Silvercrest Asset Management Group LLC now owns 140,838 shares of the business services provider’s stock valued at $5,529,000 after buying an additional 6,207 shares during the period. Price T Rowe Associates Inc. MD raised its position in Franklin Covey by 15.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 17,865 shares of the business services provider’s stock worth $702,000 after purchasing an additional 2,360 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its stake in Franklin Covey by 92.7% during the first quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock worth $220,000 after purchasing an additional 2,699 shares during the period. Institutional investors own 69.88% of the company’s stock.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.