Franklin Covey (NYSE:FC) Given Outperform Rating at Barrington Research

Franklin Covey (NYSE:FCGet Free Report)‘s stock had its “outperform” rating reaffirmed by stock analysts at Barrington Research in a report issued on Thursday,Benzinga reports. They currently have a $35.00 price objective on the business services provider’s stock. Barrington Research’s target price would indicate a potential upside of 60.22% from the company’s previous close. Barrington Research also issued estimates for Franklin Covey’s FY2026 earnings at $0.80 EPS.

Separately, Wall Street Zen downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 11th.

Get Our Latest Research Report on Franklin Covey

Franklin Covey Stock Down 9.6%

FC opened at $21.85 on Thursday. Franklin Covey has a fifty-two week low of $18.94 and a fifty-two week high of $44.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.87 and a current ratio of 0.90. The company has a market capitalization of $283.77 million, a P/E ratio of 27.65, a P/E/G ratio of 2.32 and a beta of 0.86. The stock has a fifty day moving average of $22.55 and a 200-day moving average of $28.04.

Franklin Covey (NYSE:FCGet Free Report) last posted its earnings results on Wednesday, July 2nd. The business services provider reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.26. Franklin Covey had a return on equity of 18.28% and a net margin of 3.81%. The company had revenue of $67.12 million during the quarter, compared to the consensus estimate of $67.49 million. During the same quarter last year, the firm earned $0.46 earnings per share. On average, equities analysts expect that Franklin Covey will post 0.97 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FC. Royce & Associates LP raised its stake in Franklin Covey by 564.6% in the first quarter. Royce & Associates LP now owns 935,669 shares of the business services provider’s stock valued at $25,843,000 after purchasing an additional 794,876 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Franklin Covey by 3,724.8% in the first quarter. Russell Investments Group Ltd. now owns 156,127 shares of the business services provider’s stock valued at $4,312,000 after purchasing an additional 152,045 shares in the last quarter. Acadian Asset Management LLC raised its stake in Franklin Covey by 45.4% in the first quarter. Acadian Asset Management LLC now owns 422,357 shares of the business services provider’s stock valued at $11,660,000 after purchasing an additional 131,872 shares in the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Franklin Covey in the first quarter valued at about $2,579,000. Finally, Jane Street Group LLC grew its position in Franklin Covey by 274.3% in the first quarter. Jane Street Group LLC now owns 84,874 shares of the business services provider’s stock valued at $2,344,000 after acquiring an additional 62,201 shares during the last quarter. Institutional investors and hedge funds own 69.88% of the company’s stock.

About Franklin Covey

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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.

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