Franklin Covey (NYSE:FC) Earns Outperform Rating from Barrington Research

Franklin Covey (NYSE:FC - Get Free Report)'s stock had its "outperform" rating reissued by research analysts at Barrington Research in a research report issued on Thursday,Benzinga reports. They currently have a $35.00 target price on the business services provider's stock. Barrington Research's target price indicates a potential upside of 60.22% from the stock's current price. Barrington Research also issued estimates for Franklin Covey's FY2026 earnings at $0.80 EPS.

Separately, Wall Street Zen downgraded shares of Franklin Covey from a "strong-buy" rating to a "buy" rating in a report on Friday, April 11th.

Franklin Covey Stock Performance

NYSE:FC traded down $2.33 during mid-day trading on Thursday, reaching $21.85. 467,756 shares of the company's stock were exchanged, compared to its average volume of 96,430. Franklin Covey has a one year low of $18.94 and a one year high of $44.46. The firm has a market capitalization of $283.77 million, a PE ratio of 27.65, a price-to-earnings-growth ratio of 2.32 and a beta of 0.86. The business's fifty day simple moving average is $22.55 and its two-hundred day simple moving average is $27.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.87 and a current ratio of 0.90.

Franklin Covey (NYSE:FC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 2nd. The business services provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.26. The company had revenue of $67.12 million for the quarter, compared to analyst estimates of $67.49 million. Franklin Covey had a net margin of 3.81% and a return on equity of 18.28%. During the same period in the previous year, the firm posted $0.46 EPS. Analysts anticipate that Franklin Covey will post 0.97 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Franklin Covey

Several institutional investors have recently added to or reduced their stakes in the business. Versant Capital Management Inc lifted its holdings in shares of Franklin Covey by 152.2% in the first quarter. Versant Capital Management Inc now owns 976 shares of the business services provider's stock worth $27,000 after buying an additional 589 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Franklin Covey by 6,758.6% in the first quarter. GAMMA Investing LLC now owns 1,989 shares of the business services provider's stock worth $55,000 after purchasing an additional 1,960 shares during the last quarter. Aquatic Capital Management LLC bought a new position in shares of Franklin Covey in the fourth quarter worth approximately $56,000. Amundi bought a new position in shares of Franklin Covey in the first quarter worth approximately $58,000. Finally, US Bancorp DE bought a new position in shares of Franklin Covey in the first quarter worth approximately $63,000. 69.88% of the stock is owned by hedge funds and other institutional investors.

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.