Franklin Covey (NYSE:FC) released its quarterly earnings results on Thursday. The business services provider reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.04, Yahoo Finance reports. Franklin Covey had a negative return on equity of 6.68% and a negative net margin of 2.28%. The company had revenue of $65.17 million for the quarter, compared to analyst estimates of $67.99 million.
Franklin Covey stock traded up $1.80 during mid-day trading on Friday, hitting $39.68. The company had a trading volume of 127,379 shares, compared to its average volume of 34,193. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average price is $36.22 and its two-hundred day moving average price is $34.12. Franklin Covey has a 12 month low of $20.52 and a 12 month high of $41.85. The company has a market capitalization of $538.15 million, a PE ratio of -76.31, a price-to-earnings-growth ratio of 5.45 and a beta of 0.87.
Several equities research analysts recently weighed in on FC shares. ValuEngine lowered Franklin Covey from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded Franklin Covey from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research report on Tuesday, October 29th. Barrington Research lifted their price target on Franklin Covey from $40.00 to $45.00 in a research report on Friday. William Blair restated a “market perform” rating on shares of Franklin Covey in a research report on Tuesday, October 15th. Finally, B. Riley restated a “buy” rating on shares of Franklin Covey in a research report on Monday, November 4th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $42.38.
Franklin Covey Company Profile
Franklin Covey Co provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills for organizations and individuals worldwide. The company operates through three segments: Direct Offices, Education Practice, and International Licensees.
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