Franklin Covey (NYSE:FC) Posts Earnings Results

Franklin Covey (NYSE:FC) posted its earnings results on Wednesday. The business services provider reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.08, MarketWatch Earnings reports. Franklin Covey had a positive return on equity of 2.73% and a negative net margin of 4.75%.

Shares of FC traded up $0.35 during mid-day trading on Friday, reaching $25.07. The company had a trading volume of 99,410 shares, compared to its average volume of 78,146. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.96 and a current ratio of 0.99. The firm has a 50-day moving average price of $22.75 and a 200 day moving average price of $20.19. Franklin Covey has a 52 week low of $12.61 and a 52 week high of $35.91. The company has a market capitalization of $351.61 million, a price-to-earnings ratio of -36.87, a price-to-earnings-growth ratio of 50.16 and a beta of 1.62.

A number of research analysts have weighed in on FC shares. BidaskClub downgraded Franklin Covey from a “sell” rating to a “strong sell” rating in a report on Thursday, December 31st. ValuEngine upgraded Franklin Covey from a “hold” rating to a “buy” rating in a report on Tuesday, November 10th. William Blair reiterated a “market perform” rating on shares of Franklin Covey in a report on Friday, November 6th. Roth Capital boosted their price target on Franklin Covey from $25.00 to $30.00 in a research report on Monday, November 9th. Finally, Zacks Investment Research raised Franklin Covey from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research report on Wednesday, November 11th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $28.00.

In other news, Director Esther Kay Stepp sold 4,075 shares of the business’s stock in a transaction that occurred on Tuesday, November 24th. The stock was sold at an average price of $22.61, for a total value of $92,135.75. Following the sale, the director now directly owns 20,615 shares of the company’s stock, valued at approximately $466,105.15. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 33.20% 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, leadership, and educational improvement for organizations and individuals worldwide. The company operates through three segments: Direct Offices, International Licensees, and Education Practice.

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Earnings History for Franklin Covey (NYSE:FC)

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