Franklin Covey Co. (FC) Trading Up 3%
Franklin Covey Co. (NYSE:FC)’s share price was up 3% during mid-day trading on Monday . The company traded as high as $16.51 and last traded at $16.45, with a volume of 137,081 shares trading hands. The stock had previously closed at $15.97.
A number of equities analysts have recently issued reports on FC shares. B. Riley reiterated a “buy” rating and set a $20.00 price objective on shares of Franklin Covey in a research note on Tuesday, March 29th. Zacks Investment Research downgraded shares of Franklin Covey from a “buy” rating to a “hold” rating in a research note on Monday, April 4th. Finally, TheStreet downgraded shares of Franklin Covey from a “buy” rating to a “hold” rating in a research note on Monday, April 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $20.00.
The firm’s 50 day moving average is $15.27 and its 200 day moving average is $16.16. The stock has a market capitalization of $230.08 million and a P/E ratio of 36.31.
Franklin Covey (NYSE:FC) last posted its earnings results on Thursday, June 30th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.15. The business had revenue of $44.70 million for the quarter. During the same period last year, the business posted $0.07 EPS. The firm’s revenue for the quarter was down 7.5% on a year-over-year basis. Analysts anticipate that Franklin Covey Co. will post $0.53 EPS for the current year.
In other news, Director Joel Clinton Peterson sold 1,792 shares of the business’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $15.35, for a total value of $27,507.20. Following the sale, the director now directly owns 260,446 shares of the company’s stock, valued at approximately $3,997,846.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Franklin Covey Co (FranklinCovey) is a global company engaged in performance improvement. The Company operates in seven areas: Leadership, Execution, Productivity, Trust, Sales Performance, Customer Loyalty, and Education. The Company operates globally with one common brand and business model designed to enable the Company to provide clients around the world.
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