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 three segments: Direct Offices, International Licensees, and Education Practice. It also provides a suite of individual-effectiveness and leadership-development training and products. The company was incorporated in 1983 and is headquartered in Salt Lake City, Utah.
Analyst Upgrades and Downgrades
Several research firms recently issued reports on FC. StockNews.com cut Franklin Covey from a "strong-buy" rating to a "buy" rating in a research report on Wednesday. TheStreet raised Franklin Covey from a "c" rating to a "b-" rating in a report on Thursday, June 30th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $56.50.
Franklin Covey Stock Performance
Franklin Covey stock traded up $0.70 during midday trading on Friday, reaching $53.60. 47,118 shares of the company traded hands, compared to its average volume of 67,558. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.95 and a quick ratio of 0.92. Franklin Covey has a 12 month low of $34.00 and a 12 month high of $53.76. The firm has a market capitalization of $742.90 million, a price-to-earnings ratio of 51.54, a price-to-earnings-growth ratio of 2.00 and a beta of 1.42. The business has a 50 day moving average of $45.85 and a two-hundred day moving average of $44.08.
Franklin Covey (NYSE:FC - Get Rating) last released its quarterly earnings results on Wednesday, June 29th. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.08. The firm had revenue of $66.18 million for the quarter, compared to the consensus estimate of $64.27 million. Franklin Covey had a return on equity of 13.82% and a net margin of 5.79%. During the same period last year, the business posted $0.18 EPS. As a group, research analysts predict that Franklin Covey will post 0.96 earnings per share for the current year.