Franklin Covey Co. to Post FY2024 Earnings of $1.77 Per Share, Northland Capmk Forecasts (NYSE:FC)

Franklin Covey Co. (NYSE:FC) – Analysts at Northland Capmk lowered their FY2024 EPS estimates for Franklin Covey in a note issued to investors on Thursday, June 27th. Northland Capmk analyst N. Chokshi now anticipates that the business services provider will post earnings per share of $1.77 for the year, down from their prior estimate of $1.83. The consensus estimate for Franklin Covey’s current full-year earnings is $1.66 per share. Northland Capmk also issued estimates for Franklin Covey’s Q2 2025 earnings at $0.34 EPS.

Franklin Covey (NYSE:FC) last announced its quarterly earnings data on Wednesday, June 26th. The business services provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.04. The company 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 business earned $0.32 EPS.

A number of other research firms also recently commented on FC. Roth Mkm reaffirmed a “buy” rating and set a $50.00 target price on shares of Franklin Covey in a report on Thursday, June 27th. Barrington Research restated an “outperform” rating and set a $45.00 price objective on shares of Franklin Covey in a research note on Thursday, June 27th. StockNews.com raised shares of Franklin Covey from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Northland Securities dropped their target price on shares of Franklin Covey from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Thursday, March 28th.

Franklin Covey Stock Performance

Shares of FC stock opened at $38.24 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88. The stock has a market capitalization of $507.44 million, a price-to-earnings ratio of 28.54, a PEG ratio of 1.14 and a beta of 1.24. Franklin Covey has a one year low of $32.19 and a one year high of $48.76. The company’s 50-day simple moving average is $37.11 and its 200-day simple moving average is $38.94.

Hedge Funds Weigh In On Franklin Covey

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wasatch Advisors LP bought a new stake in Franklin Covey during the 1st quarter valued at $6,862,000. Bares Capital Management Inc. lifted its stake in shares of Franklin Covey by 11.0% in the 4th quarter. Bares Capital Management Inc. now owns 458,091 shares of the business services provider’s stock worth $19,941,000 after acquiring an additional 45,290 shares during the period. Acadian Asset Management LLC boosted its holdings in shares of 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 valued at $9,357,000 after acquiring an additional 25,876 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Franklin Covey by 3.5% during the first quarter. Vanguard Group Inc. now owns 703,603 shares of the business services provider’s stock valued at $27,623,000 after acquiring an additional 24,062 shares during the period. Finally, Hsbc Holdings PLC raised its holdings in Franklin Covey by 92.9% during the fourth quarter. Hsbc Holdings PLC now owns 27,444 shares of the business services provider’s stock worth $1,180,000 after purchasing an additional 13,220 shares in the last quarter. Institutional investors and hedge funds 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.