Barrington Research Reaffirms “Outperform” Rating for Franklin Covey (NYSE:FC)

Franklin Covey (NYSE:FCGet Free Report)‘s stock had its “outperform” rating reaffirmed by analysts at Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They presently have a $25.00 target price on the business services provider’s stock. Barrington Research’s price target would indicate a potential upside of 25.94% from the stock’s current price.

Franklin Covey Price Performance

Shares of NYSE FC traded up $3.70 during midday trading on Thursday, hitting $19.85. 112,955 shares of the company’s stock were exchanged, compared to its average volume of 160,020. The stock’s 50 day moving average price is $15.82 and its 200-day moving average price is $16.90. The firm has a market cap of $229.34 million, a P/E ratio of -165.86, a PEG ratio of 0.96 and a beta of 0.74. Franklin Covey has a twelve month low of $11.16 and a twelve month high of $24.70.

Franklin Covey (NYSE:FCGet Free Report) last posted its earnings results on Wednesday, April 1st. The business services provider reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.20). The business had revenue of $59.65 million during the quarter, compared to analyst estimates of $58.71 million. Franklin Covey had a negative net margin of 0.54% and a positive return on equity of 9.98%. On average, analysts expect that Franklin Covey will post 0.97 EPS for the current fiscal year.

Institutional Investors Weigh In On Franklin Covey

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wiser Advisor Group LLC acquired a new position in shares of Franklin Covey in the 3rd quarter worth approximately $35,000. State of Alaska Department of Revenue acquired a new stake in Franklin Covey during the fourth quarter valued at approximately $31,000. CWM LLC boosted its holdings in Franklin Covey by 81.8% during the third quarter. CWM LLC now owns 1,983 shares of the business services provider’s stock worth $38,000 after buying an additional 892 shares in the last quarter. Amundi bought a new stake in Franklin Covey during the first quarter worth approximately $58,000. Finally, BNP Paribas Financial Markets grew its position 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 buying an additional 1,112 shares during the last quarter. 69.88% of the stock is currently owned by institutional investors.

Key Stories Impacting Franklin Covey

Here are the key news stories impacting Franklin Covey this week:

Franklin Covey Company Profile

(Get Free Report)

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.

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