Franklin Covey (NYSE:FC) issued its quarterly earnings data on Wednesday. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.08, MarketWatch Earnings reports. Franklin Covey had a positive return on equity of 2.73% and a negative net margin of 4.75%.
Shares of FC traded up $0.35 during trading hours on Friday, hitting $25.07. 99,410 shares of the company were exchanged, compared to its average volume of 78,146. The company has a market capitalization of $351.61 million, a PE ratio of -37.87, a PEG ratio of 50.16 and a beta of 1.62. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.99 and a quick ratio of 0.96. The firm has a fifty day simple moving average of $22.70 and a 200-day simple moving average of $20.18. Franklin Covey has a one year low of $12.61 and a one year high of $35.91.
In other news, Director Esther Kay Stepp sold 4,075 shares of the firm’s stock in a transaction on Tuesday, November 24th. The stock was sold at an average price of $22.61, for a total transaction of $92,135.75. Following the completion of the sale, the director now directly owns 20,615 shares of the company’s stock, valued at approximately $466,105.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 33.20% of the company’s stock.
A number of brokerages have issued reports on FC. Barrington Research increased their price target on Franklin Covey from $25.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday. They noted that the move was a valuation call. BidaskClub lowered Franklin Covey from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 31st. William Blair reaffirmed a “market perform” rating on shares of Franklin Covey in a research note on Friday, November 6th. Roth Capital increased their price target on Franklin Covey from $25.00 to $30.00 in a research note on Monday, November 9th. Finally, Zacks Investment Research raised Franklin Covey from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Wednesday, November 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. Franklin Covey presently has an average rating of “Buy” and a consensus price target of $28.00.
Franklin Covey Company Profile
Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, leadership, 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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