Franklin Covey (NYSE:FC) Earns “Outperform” Rating from Barrington Research

Franklin Covey (NYSE:FC)‘s stock had its “outperform” rating restated by investment analysts at Barrington Research in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $25.00 price target on the business services provider’s stock. Barrington Research’s price objective would indicate a potential upside of 68.58% from the company’s current price.

Franklin Covey Price Performance

FC traded up $0.60 during trading on Wednesday, reaching $14.83. 153,938 shares of the stock traded hands, compared to its average volume of 165,279. Franklin Covey has a fifty-two week low of $11.16 and a fifty-two week high of $29.31. The stock’s 50-day simple moving average is $16.44 and its two-hundred day simple moving average is $17.03. The stock has a market cap of $171.29 million, a price-to-earnings ratio of -123.57, a price-to-earnings-growth ratio of 0.83 and a beta of 0.74.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Wednesday, January 7th. The business services provider reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.30). The firm had revenue of $64.05 million for the quarter, compared to analyst estimates of $64.77 million. Franklin Covey had a negative net margin of 0.54% and a positive return on equity of 9.98%. During the same quarter in the prior year, the firm earned $0.20 earnings per share. Research analysts anticipate that Franklin Covey will post 0.97 earnings per share for the current fiscal year.

Institutional Trading of Franklin Covey

Several large investors have recently added to or reduced their stakes in the business. Wiser Advisor Group LLC acquired a new position in shares of Franklin Covey during the 3rd quarter worth $35,000. State of Alaska Department of Revenue acquired a new stake in shares of Franklin Covey in the 4th quarter valued at $31,000. CWM LLC lifted its stake in shares of Franklin Covey by 81.8% in the 3rd quarter. CWM LLC now owns 1,983 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 892 shares during the last quarter. Amundi bought a new stake in Franklin Covey in the first quarter worth $58,000. Finally, BNP Paribas Financial Markets boosted its holdings in Franklin Covey by 98.9% in the third quarter. BNP Paribas Financial Markets now owns 2,236 shares of the business services provider’s stock worth $43,000 after purchasing an additional 1,112 shares in the last quarter. 69.88% of the stock is owned by institutional investors.

Franklin Covey Company Profile

Franklin Covey Co (NYSE:FC) is a global consulting and training firm specializing in performance improvement solutions for individuals and organizations. The company offers a range of services, including leadership development, productivity tools, execution frameworks and assessments designed to foster personal effectiveness and drive business results. Its flagship offerings integrate training workshops, digital resources and coaching to support clients in areas such as strategic planning, team productivity and change management.

The origins of Franklin Covey trace back to the merger in 1997 of Franklin Quest Co, founded in 1983 by Hyrum W.