Franklin Covey (NYSE:FC) released its quarterly earnings data on Thursday. The business services provider reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.04, Yahoo Finance reports. Franklin Covey had a negative net margin of 2.28% and a negative return on equity of 6.68%. The firm had revenue of $65.17 million for the quarter, compared to analyst estimates of $67.99 million.
Shares of FC traded up $1.80 during trading hours on Friday, reaching $39.68. 127,379 shares of the stock traded hands, 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 has a fifty day simple moving average of $36.22 and a 200 day simple moving average of $34.12. Franklin Covey has a 52 week low of $20.52 and a 52 week high of $41.85. The company has a market cap of $538.15 million, a price-to-earnings ratio of -76.31, a PEG ratio of 5.45 and a beta of 0.87.
A number of research firms have weighed in on FC. Zacks Investment Research raised shares of Franklin Covey from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research note on Tuesday, October 29th. William Blair reaffirmed a “market perform” rating on shares of Franklin Covey in a research note on Tuesday, October 15th. B. Riley reaffirmed a “buy” rating on shares of Franklin Covey in a research note on Monday, November 4th. ValuEngine lowered shares of Franklin Covey from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Finally, Barrington Research raised their price objective on shares of Franklin Covey from $40.00 to $45.00 in a research note on Friday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Franklin Covey currently has a consensus rating of “Buy” and a consensus 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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