Q4 2024 EPS Estimates for Franklin Covey Co. Cut by Analyst (NYSE:FC)

Franklin Covey Co. (NYSE:FC) – Stock analysts at Barrington Research decreased their Q4 2024 earnings per share estimates for Franklin Covey in a note issued to investors on Thursday, June 27th. Barrington Research analyst A. Paris now expects that the business services provider will earn $0.82 per share for the quarter, down from their previous estimate of $0.91. Barrington Research has a “Outperform” rating and a $45.00 price objective on the stock. The consensus estimate for Franklin Covey’s current full-year earnings is $1.66 per share.

Franklin Covey (NYSE:FC) last posted its earnings results on Wednesday, June 26th. The business services provider reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.04. Franklin Covey had a net margin of 6.50% and a return on equity of 24.90%. The firm had revenue of $73.37 million during the quarter, compared to the consensus estimate of $72.12 million. During the same period last year, the firm posted $0.32 EPS.

A number of other equities research analysts have also recently commented on the company. Roth Mkm reiterated a “buy” rating and set a $50.00 target price on shares of Franklin Covey in a report on Thursday, June 27th. StockNews.com raised Franklin Covey from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Northland Securities dropped their price objective 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.

Franklin Covey Trading Up 3.7 %

Shares of FC opened at $38.24 on Monday. 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 stock has a market cap of $507.44 million, a price-to-earnings ratio of 28.54, a price-to-earnings-growth ratio of 1.14 and a beta of 1.24. The firm has a 50 day simple moving average of $37.11 and a 200-day simple moving average of $38.94.

Institutional Investors Weigh In On Franklin Covey

Institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new position in Franklin Covey during the first quarter worth approximately $59,000. Mather Group LLC. purchased a new stake in shares of Franklin Covey during the 1st quarter worth about $73,000. SG Americas Securities LLC increased its position in Franklin Covey by 46.3% during the 4th quarter. SG Americas Securities LLC now owns 3,566 shares of the business services provider’s stock worth $155,000 after purchasing an additional 1,128 shares in the last quarter. Lazard Asset Management LLC raised its holdings in Franklin Covey by 92.7% in the first quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock valued at $220,000 after buying an additional 2,699 shares during the period. Finally, State Board of Administration of Florida Retirement System acquired a new position in Franklin Covey during the first quarter valued at approximately $241,000. 69.88% of the stock is currently owned by hedge funds and other 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.