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

Franklin Covey (NYSE:FC)‘s stock had its “outperform” rating restated by Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They presently have a $45.00 price objective on the business services provider’s stock. Barrington Research’s target price would suggest a potential upside of 15.44% from the company’s previous close. Barrington Research also issued estimates for Franklin Covey’s FY2026 earnings at $1.46 EPS.

Separately, StockNews.com raised Franklin Covey from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 26th.

Franklin Covey Trading Up 3.8 %

Shares of Franklin Covey stock traded up $1.43 during trading hours on Thursday, hitting $38.98. The company’s stock had a trading volume of 135,737 shares, compared to its average volume of 30,325. Franklin Covey has a twelve month low of $33.75 and a twelve month high of $44.96. The firm has a fifty day moving average of $40.28 and a 200-day moving average of $39.13. The stock has a market cap of $510.25 million, a price-to-earnings ratio of 22.43, a P/E/G ratio of 1.04 and a beta of 1.24. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Wednesday, November 6th. The business services provider reported $0.89 EPS for the quarter, beating the consensus estimate of $0.82 by $0.07. Franklin Covey had a return on equity of 33.12% and a net margin of 8.15%. The business had revenue of $84.12 million for the quarter, compared to analyst estimates of $80.38 million. Research analysts forecast that Franklin Covey will post 2.11 EPS for the current year.

Institutional Investors Weigh In On Franklin Covey

Large investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of Franklin Covey in the 1st quarter valued at about $59,000. O Keefe Stevens Advisory Inc. purchased a new position in shares of Franklin Covey in the 2nd quarter valued at about $202,000. Lazard Asset Management LLC increased its holdings in shares of Franklin Covey by 92.7% in the 1st quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock valued at $220,000 after acquiring an additional 2,699 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Franklin Covey in the 2nd quarter valued at about $226,000. Finally, State Board of Administration of Florida Retirement System purchased a new position in shares of Franklin Covey in the 1st quarter valued at about $241,000. Hedge funds and other institutional investors own 69.88% of the company’s stock.

About Franklin Covey

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.