Franklin Covey (NYSE:FC) Receives “Buy” Rating from Roth Mkm

Franklin Covey (NYSE:FC)‘s stock had its “buy” rating reaffirmed by equities research analysts at Roth Mkm in a report issued on Thursday, Benzinga reports. They currently have a $50.00 price target on the business services provider’s stock. Roth Mkm’s target price suggests a potential upside of 36.02% from the stock’s previous close.

FC has been the subject of a number of other research reports. Barrington Research reaffirmed an “outperform” rating and set a $45.00 price target on shares of Franklin Covey in a research report on Thursday. Northland Securities lowered their price target on Franklin Covey from $100.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, March 28th. Finally, StockNews.com lowered Franklin Covey from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 21st. Four equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Franklin Covey presently has a consensus rating of “Buy” and a consensus target price of $63.33.

Franklin Covey Trading Up 5.2 %

Shares of NYSE FC traded up $1.83 during midday trading on Thursday, reaching $36.76. The company had a trading volume of 118,090 shares, compared to its average volume of 83,069. Franklin Covey has a one year low of $32.19 and a one year high of $48.76. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. The firm’s fifty day moving average price is $37.27 and its 200-day moving average price is $39.03. The stock has a market cap of $487.81 million, a PE ratio of 29.89, a price-to-earnings-growth ratio of 1.01 and a beta of 1.24.

Franklin Covey (NYSE:FC) last released its earnings results on Wednesday, March 27th. The business services provider reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. Franklin Covey had a return on equity of 23.23% and a net margin of 6.13%. The company had revenue of $61.34 million during the quarter, compared to analyst estimates of $62.03 million. On average, equities research analysts anticipate that Franklin Covey will post 1.71 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FC. Hancock Whitney Corp grew its stake in shares of Franklin Covey by 6.2% in the 1st quarter. Hancock Whitney Corp now owns 6,670 shares of the business services provider’s stock worth $262,000 after buying an additional 390 shares during the last quarter. Legato Capital Management LLC boosted its stake in shares of Franklin Covey by 8.8% in the 4th quarter. Legato Capital Management LLC now owns 6,047 shares of the business services provider’s stock worth $263,000 after buying an additional 489 shares during the last quarter. Barclays PLC boosted its stake in shares of Franklin Covey by 19.7% in the 3rd quarter. Barclays PLC now owns 5,921 shares of the business services provider’s stock worth $254,000 after buying an additional 975 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Franklin Covey by 46.3% in the 4th quarter. SG Americas Securities LLC now owns 3,566 shares of the business services provider’s stock worth $155,000 after buying an additional 1,128 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Franklin Covey in the 1st quarter worth $59,000. Institutional investors own 69.88% of the company’s stock.

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.