Franklin Covey (NYSE:FC) Posts Earnings Results, Beats Estimates By $0.08 EPS

Franklin Covey (NYSE:FC) posted its quarterly earnings data on Wednesday. The business services provider reported ($0.06) 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%.

NYSE FC traded up $0.35 during trading on Friday, reaching $25.07. 99,410 shares of the company traded hands, compared to its average volume of 78,146. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.96 and a current ratio of 0.99. The stock’s 50 day moving average price is $22.70 and its two-hundred day moving average price is $20.18. The company has a market cap of $351.61 million, a price-to-earnings ratio of -37.87, a P/E/G ratio of 50.16 and a beta of 1.62. Franklin Covey has a 1-year low of $12.61 and a 1-year high of $35.91.

In other Franklin Covey news, Director Esther Kay Stepp sold 4,075 shares of Franklin Covey stock in a transaction that occurred 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 sale, the director now directly owns 20,615 shares of the company’s stock, valued at $466,105.15. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 33.20% of the stock is currently owned by insiders.

Several equities analysts recently issued reports on FC shares. Barrington Research boosted 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. William Blair restated a “market perform” rating on shares of Franklin Covey in a research note on Friday, November 6th. ValuEngine upgraded Franklin Covey from a “hold” rating to a “buy” rating in a research note on Tuesday, November 10th. Zacks Investment Research upgraded Franklin Covey from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Wednesday, November 11th. Finally, BidaskClub lowered Franklin Covey from a “sell” rating to a “strong sell” rating in a research note on Thursday, December 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price 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.

Featured Article: What is the Producer Price Index (PPI)?