Franklin Covey (NYSE:FC) Announces Quarterly Earnings Results

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

FC stock opened at $24.72 on Friday. Franklin Covey has a 12 month low of $12.61 and a 12 month high of $35.91. The firm has a market cap of $346.70 million, a PE ratio of -36.35, a P/E/G ratio of 50.16 and a beta of 1.62. The firm has a 50 day simple moving average of $22.70 and a 200 day simple moving average of $20.18. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.99 and a quick ratio of 0.96.

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In related news, Director Esther Kay Stepp sold 4,075 shares of the stock in a transaction that occurred on Tuesday, November 24th. The shares were sold at an average price of $22.61, for a total transaction of $92,135.75. Following the completion of the sale, the director now directly owns 20,615 shares of the company’s stock, valued at $466,105.15. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 33.20% of the stock is owned by corporate insiders.

A number of brokerages have recently weighed in on FC. ValuEngine raised shares of Franklin Covey from a “hold” rating to a “buy” rating in a research note on Tuesday, November 10th. William Blair reaffirmed a “market perform” rating on shares of Franklin Covey in a research note on Friday, November 6th. Zacks Investment Research raised shares of Franklin Covey from a “hold” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Wednesday, November 11th. Barrington Research reaffirmed an “outperform” rating on shares of Franklin Covey in a research note on Thursday, October 29th. Finally, Roth Capital upped their price target on shares of Franklin Covey from $25.00 to $30.00 in a research note on Monday, November 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $26.75.

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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