Franklin Covey (NYSE:FC) Releases Quarterly Earnings Results, Misses Expectations By $0.09 EPS

Franklin Covey (NYSE:FC) announced its quarterly earnings data on Wednesday. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.09), Zacks reports. Franklin Covey had a net margin of 3.81% and a return on equity of 19.08%. The business had revenue of $71.25 million during the quarter, compared to analyst estimates of $71.11 million. Franklin Covey updated its FY 2026 guidance to EPS.

Franklin Covey Trading Down 6.4%

Shares of Franklin Covey stock traded down $1.01 during trading hours on Friday, hitting $14.89. The company’s stock had a trading volume of 136,912 shares, compared to its average volume of 128,617. Franklin Covey has a 12 month low of $14.87 and a 12 month high of $40.15. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.81. The company has a market capitalization of $188.24 million, a PE ratio of 18.85, a price-to-earnings-growth ratio of 1.06 and a beta of 0.85. The stock has a 50 day moving average of $18.58 and a 200 day moving average of $20.33.

Institutional Trading of Franklin Covey

Several hedge funds have recently bought and sold shares of FC. Goldman Sachs Group Inc. boosted its holdings in shares of Franklin Covey by 26.9% in the first quarter. Goldman Sachs Group Inc. now owns 238,547 shares of the business services provider’s stock valued at $6,589,000 after buying an additional 50,568 shares during the period. Federated Hermes Inc. raised its holdings in shares of Franklin Covey by 15.9% during the second quarter. Federated Hermes Inc. now owns 204,681 shares of the business services provider’s stock worth $4,671,000 after acquiring an additional 28,062 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in Franklin Covey by 54.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 197,021 shares of the business services provider’s stock valued at $4,496,000 after acquiring an additional 69,168 shares in the last quarter. Jane Street Group LLC boosted its stake in Franklin Covey by 274.3% in the 1st quarter. Jane Street Group LLC now owns 84,874 shares of the business services provider’s stock worth $2,344,000 after purchasing an additional 62,201 shares during the period. Finally, AQR Capital Management LLC boosted its stake in Franklin Covey by 14.1% in the 1st quarter. AQR Capital Management LLC now owns 68,376 shares of the business services provider’s stock worth $1,889,000 after purchasing an additional 8,441 shares during the period. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Franklin Covey in a research note on Friday, October 31st. Barrington Research lowered their price target on Franklin Covey from $27.00 to $22.00 and set an “outperform” rating for the company in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $24.50.

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.