Dynamic Technology Lab Private Ltd Purchases 29,759 Shares of Franklin Covey Company $FC

Key Points

• Dynamic Technology Lab Private Ltd significantly increased its stake in Franklin Covey Company by 379.5% during the 1st quarter, owning approximately 0.29% of the company, valued at $1,038,000.
• Franklin Covey reported an earnings per share (EPS) of $0.18 for the last quarter, exceeding expectations by $0.26, although revenue slightly missed estimates at $67.12 million.
• Analysts have recently lowered their price targets for Franklin Covey, with Roth Capital and Barrington Research both adjusting their targets to $27.00 while maintaining a "buy" and "outperform" rating, respectively.

Dynamic Technology Lab Private Ltd boosted its stake in Franklin Covey Company (NYSE:FC - Free Report) by 379.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 37,600 shares of the business services provider's stock after purchasing an additional 29,759 shares during the quarter. Dynamic Technology Lab Private Ltd owned about 0.29% of Franklin Covey worth $1,038,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of FC. Versant Capital Management Inc grew its holdings in 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 purchasing an additional 589 shares during the period. GAMMA Investing LLC grew its holdings in 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 period. Amundi acquired a new stake in Franklin Covey in the first quarter worth $58,000. US Bancorp DE acquired a new stake in Franklin Covey in the first quarter worth $63,000. Finally, Tower Research Capital LLC TRC grew its holdings in Franklin Covey by 509.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,156 shares of the business services provider's stock worth $81,000 after purchasing an additional 1,802 shares during the period. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Franklin Covey Stock Down 2.4%

Shares of NYSE FC traded down $0.48 during mid-day trading on Friday, reaching $19.02. 65,557 shares of the company's stock traded hands, compared to its average volume of 139,709. The stock has a market cap of $240.39 million, a P/E ratio of 24.07, a PEG ratio of 1.22 and a beta of 0.89. The business has a 50-day simple moving average of $19.62 and a 200 day simple moving average of $22.49. Franklin Covey Company has a 1-year low of $18.13 and a 1-year high of $44.16. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.81.

Franklin Covey (NYSE:FC - Get Free Report) last issued its quarterly earnings data on Wednesday, July 2nd. The business services provider reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.26. The firm had revenue of $67.12 million during the quarter, compared to analysts' expectations of $67.49 million. Franklin Covey had a net margin of 3.81% and a return on equity of 19.08%. During the same period last year, the company earned $0.46 earnings per share. Franklin Covey has set its FY 2025 guidance at EPS. On average, analysts expect that Franklin Covey Company will post 0.97 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on FC. Barrington Research reduced their price target on shares of Franklin Covey from $35.00 to $27.00 and set an "outperform" rating for the company in a report on Tuesday, August 19th. Roth Capital reduced their price target on shares of Franklin Covey from $30.00 to $27.00 and set a "buy" rating for the company in a report on Monday, July 7th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $27.00.

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.