Analysts Set Franklin Covey Co. (NYSE:FC) Price Target at $32.00


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Shares of Franklin Covey Co. (NYSE:FC) have received an average recommendation of “Hold” from the six brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $32.00.

FC has been the topic of several research reports. Barrington Research upped their target price on Franklin Covey from $30.00 to $35.00 and gave the company an “outperform” rating in a report on Monday, April 5th. TheStreet upgraded shares of Franklin Covey from a “d+” rating to a “c” rating in a research report on Thursday, April 1st. Roth Capital increased their price target on shares of Franklin Covey from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, April 5th. Finally, Zacks Investment Research downgraded Franklin Covey from a “hold” rating to a “sell” rating in a research report on Tuesday, April 6th.

A number of large investors have recently modified their holdings of the business. Citigroup Inc. raised its stake in shares of Franklin Covey by 102.1% during the fourth quarter. Citigroup Inc. now owns 2,427 shares of the business services provider’s stock valued at $54,000 after purchasing an additional 1,226 shares during the period. Centaurus Financial Inc. purchased a new stake in Franklin Covey during the 4th quarter worth $162,000. Alpha Paradigm Partners LLC acquired a new position in Franklin Covey in the 4th quarter worth $166,000. Marshall Wace LLP boosted its position in Franklin Covey by 305.4% in the 1st quarter. Marshall Wace LLP now owns 7,268 shares of the business services provider’s stock valued at $184,000 after buying an additional 5,475 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in Franklin Covey in the 1st quarter valued at about $250,000. 57.62% of the stock is owned by institutional investors.

Shares of FC opened at $30.79 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average is $29.02 and its two-hundred day moving average is $24.87. Franklin Covey has a twelve month low of $16.50 and a twelve month high of $31.60. The firm has a market capitalization of $435.56 million, a PE ratio of -43.99, a P/E/G ratio of 50.71 and a beta of 1.64.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, leadership, and educational improvement for organizations and individuals worldwide. The company operates through three segments: Direct Offices, International Licensees, and Education Practice.

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