$0.15 Earnings Per Share Expected for Franklin Covey Co. (NYSE:FC) This Quarter

Equities analysts forecast that Franklin Covey Co. (NYSE:FC) will post earnings of $0.15 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Franklin Covey’s earnings, with estimates ranging from $0.14 to $0.15. Franklin Covey also posted earnings of $0.15 per share in the same quarter last year. The business is expected to report its next earnings report after the market closes on Tuesday, November 9th.

According to Zacks, analysts expect that Franklin Covey will report full year earnings of $0.98 per share for the current financial year. For the next year, analysts expect that the business will post earnings of $0.53 per share, with EPS estimates ranging from $0.49 to $0.57. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Franklin Covey.

A number of research firms have recently weighed in on FC. Roth Capital increased their price target on Franklin Covey from $36.00 to $45.00 and gave the company a “buy” rating in a research note on Friday, July 2nd. Zacks Investment Research downgraded Franklin Covey from a “buy” rating to a “hold” rating in a research note on Monday, August 30th. TheStreet raised Franklin Covey from a “c” rating to a “b-” rating in a research note on Wednesday, June 30th. Finally, Barrington Research increased their price target on Franklin Covey from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Thursday, August 19th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Franklin Covey currently has an average rating of “Buy” and an average target price of $45.00.

FC stock opened at $41.57 on Monday. The business’s fifty day moving average is $40.43 and its 200-day moving average is $35.35. The company has a quick ratio of 0.91, a current ratio of 0.94 and a debt-to-equity ratio of 0.35. The company has a market cap of $588.51 million, a P/E ratio of 45.68, a price-to-earnings-growth ratio of 3.18 and a beta of 1.77. Franklin Covey has a twelve month low of $16.50 and a twelve month high of $43.64.

A number of institutional investors have recently modified their holdings of FC. O Shaughnessy Asset Management LLC bought a new position in Franklin Covey during the 1st quarter worth about $80,000. Metropolitan Life Insurance Co NY increased its holdings in Franklin Covey by 95,400.0% during the 2nd quarter. Metropolitan Life Insurance Co NY now owns 3,820 shares of the business services provider’s stock worth $124,000 after purchasing an additional 3,816 shares in the last quarter. Modera Wealth Management LLC bought a new position in Franklin Covey during the 2nd quarter worth about $224,000. Algert Global LLC bought a new position in shares of Franklin Covey in the 1st quarter valued at about $205,000. Finally, Marshall Wace LLP grew its holdings in shares of Franklin Covey by 305.4% in the 1st quarter. Marshall Wace LLP now owns 7,268 shares of the business services provider’s stock valued at $184,000 after acquiring an additional 5,475 shares in the last quarter. 54.73% of the stock is currently owned by institutional investors and hedge funds.

About Franklin Covey

Franklin Covey Co engages in consulting and training in the areas of strategy execution, customer loyalty, leadership, and individual effectiveness. It operates through the following three segments: Direct Offices, Education Practice, International Licensees and Corporate and Other. The Direct Offices segment includes sales personnel that serve the United States and Canada; international sales offices located in Japan, China, the United Kingdom, and Australia; governmental sales channel; and public program operations.

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Earnings History and Estimates for Franklin Covey (NYSE:FC)

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