Franklin Covey (NYSE:FC) Rating Reiterated by Barrington Research

Franklin Covey (NYSE:FC - Get Free Report)'s stock had its "outperform" rating restated by equities researchers at Barrington Research in a report issued on Monday, Benzinga reports. They presently have a $45.00 target price on the business services provider's stock. Barrington Research's price target points to a potential upside of 17.16% from the company's current price.

A number of other equities analysts have also recently issued reports on the company. Northland Securities cut their target price on Franklin Covey from $100.00 to $95.00 and set an "outperform" rating on the stock in a report on Thursday, March 28th. Roth Mkm reduced their price objective on shares of Franklin Covey from $61.00 to $59.00 and set a "buy" rating for the company in a report on Tuesday, December 19th. Finally, StockNews.com lowered shares of Franklin Covey from a "strong-buy" rating to a "buy" rating in a report on Friday. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Franklin Covey currently has a consensus rating of "Buy" and a consensus target price of $66.33.

Franklin Covey Stock Up 0.9 %

FC traded up $0.34 during midday trading on Monday, hitting $38.41. The company had a trading volume of 148,308 shares, compared to its average volume of 91,942. The stock's 50 day moving average price is $39.19 and its 200 day moving average price is $39.83. Franklin Covey has a 52 week low of $32.19 and a 52 week high of $48.76. The company has a market capitalization of $510.47 million, a price-to-earnings ratio of 31.23, a PEG ratio of 1.11 and a beta of 1.22. The company has a quick ratio of 0.84, a current ratio of 0.87 and a debt-to-equity ratio of 0.07.

Franklin Covey (NYSE:FC - Get Free Report) last issued its earnings results on Thursday, January 4th. The business services provider reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.17. The business had revenue of $68.40 million during the quarter, compared to analyst estimates of $65.88 million. Franklin Covey had a return on equity of 22.94% and a net margin of 6.13%. On average, research analysts anticipate that Franklin Covey will post 1.72 earnings per share for the current fiscal year.

Institutional Trading of Franklin Covey

Several institutional investors and hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP bought a new position in shares of Franklin Covey during the 1st quarter worth approximately $27,000. Point72 Middle East FZE bought a new stake in Franklin Covey during the second quarter worth $29,000. CWM LLC bought a new stake in Franklin Covey during the third quarter worth $33,000. Tower Research Capital LLC TRC boosted its position in Franklin Covey by 289.5% in the third quarter. Tower Research Capital LLC TRC now owns 1,075 shares of the business services provider's stock worth $49,000 after purchasing an additional 799 shares during the last quarter. Finally, Alpha Paradigm Partners LLC bought a new position in Franklin Covey in the 3rd quarter valued at $62,000. 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.