Franklin Covey Rating Lowered to Neutral at Zacks (FC)
Franklin Covey (NYSE:FC) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a $21.80 price target on the stock. Zacks‘ price objective indicates a potential upside of 9.99% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Roth Capital raised their price target on shares of Franklin Covey to $26.00 in a research note to investors on Friday, November 8th. They now have a “buy” rating on the stock. Analysts at Barrington Research raised their price target on shares of Franklin Covey from $20.00 to $22.00 in a research note to investors on Tuesday, October 15th. They now have an “outperform” rating on the stock.
Shares of Franklin Covey (NYSE:FC) traded down 0.40% during mid-day trading on Thursday, hitting $19.71. The stock had a trading volume of 56,148 shares. Franklin Covey has a one year low of $12.53 and a one year high of $20.85. The stock has a 50-day moving average of $19.91 and a 200-day moving average of $17.66. The company has a market cap of $328.7 million and a price-to-earnings ratio of 24.74.
Franklin Covey (NYSE:FC) last issued its quarterly earnings data on Tuesday, January 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.04. The company had revenue of $43.40 million for the quarter, compared to the consensus estimate of $46.47 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. Analysts expect that Franklin Covey will post $0.88 EPS for the current fiscal year.
Franklin Covey Co (NYSE:FC) is a global provider of training and consulting services delivering principle-based curriculum and effectiveness tools to its customers.
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