Franklin Covey (NYSE:FC) Upgraded at StockNews.com

StockNews.com upgraded shares of Franklin Covey (NYSE:FC) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

A number of other research firms also recently commented on FC. Northland Securities lowered their target price 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. Roth Mkm reiterated a buy rating and set a $50.00 target price on shares of Franklin Covey in a research report on Thursday, June 27th. Finally, Barrington Research reiterated an outperform rating and set a $45.00 target price on shares of Franklin Covey in a research report on Thursday, June 27th.

Franklin Covey Trading Down 3.2 %

Shares of FC opened at $36.77 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.85. Franklin Covey has a 1 year low of $32.19 and a 1 year high of $48.76. The company has a 50 day simple moving average of $37.16 and a two-hundred day simple moving average of $38.96. The firm has a market cap of $487.94 million, a P/E ratio of 27.44, a price-to-earnings-growth ratio of 1.14 and a beta of 1.24.

Franklin Covey (NYSE:FC) last announced its quarterly earnings data on Wednesday, June 26th. The business services provider reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. The business had revenue of $73.37 million during the quarter, compared to analyst estimates of $72.12 million. Franklin Covey had a net margin of 6.50% and a return on equity of 24.90%. During the same period last year, the firm posted $0.32 EPS. On average, equities analysts expect that Franklin Covey will post 1.66 earnings per share for the current fiscal year.

Institutional Trading of Franklin Covey

A number of institutional investors have recently bought and sold shares of FC. Wasatch Advisors LP bought a new stake in Franklin Covey in the first quarter worth $6,862,000. Bares Capital Management Inc. lifted its position in Franklin Covey by 11.0% in the fourth quarter. Bares Capital Management Inc. now owns 458,091 shares of the business services provider’s stock worth $19,941,000 after buying an additional 45,290 shares during the last quarter. Acadian Asset Management LLC lifted its position in Franklin Covey by 12.2% in the first quarter. Acadian Asset Management LLC now owns 238,455 shares of the business services provider’s stock worth $9,357,000 after buying an additional 25,876 shares during the last quarter. Vanguard Group Inc. lifted its position in Franklin Covey by 3.5% in the first quarter. Vanguard Group Inc. now owns 703,603 shares of the business services provider’s stock worth $27,623,000 after buying an additional 24,062 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its position in Franklin Covey by 92.9% in the fourth quarter. Hsbc Holdings PLC now owns 27,444 shares of the business services provider’s stock worth $1,180,000 after buying an additional 13,220 shares during the last quarter. 69.88% of the stock is currently owned by institutional investors.

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.