Franklin Covey (NYSE:FC) released its quarterly earnings results on Thursday. The business services provider reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04, Yahoo Finance reports. Franklin Covey had a negative net margin of 2.28% and a negative return on equity of 6.68%. The company had revenue of $65.17 million for the quarter, compared to analyst estimates of $67.99 million.
FC traded up $1.80 during midday trading on Friday, hitting $39.68. 127,379 shares of the company traded hands, compared to its average volume of 34,193. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $538.15 million, a PE ratio of -76.31, a price-to-earnings-growth ratio of 5.45 and a beta of 0.87. The company’s 50-day moving average is $36.22 and its 200 day moving average is $34.12. Franklin Covey has a 52 week low of $20.52 and a 52 week high of $41.85.
Several analysts recently commented on the stock. Zacks Investment Research raised shares of Franklin Covey from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Tuesday, October 29th. Barrington Research increased their price objective on shares of Franklin Covey from $40.00 to $45.00 in a research report on Friday. ValuEngine downgraded shares of Franklin Covey from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. William Blair reissued a “market perform” rating on shares of Franklin Covey in a research report on Tuesday, October 15th. Finally, B. Riley reissued a “buy” rating on shares of Franklin Covey in a research report on Monday, November 4th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $42.38.
Franklin Covey Co provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills for organizations and individuals worldwide. The company operates through three segments: Direct Offices, Education Practice, and International Licensees.
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