Franklin Covey Co. (FC) Shares Down 2.8%
Franklin Covey Co. (NYSE:FC)’s share price dropped 2.8% during mid-day trading on Friday . The stock traded as low as $16.28 and last traded at $16.28, with a volume of 69,689 shares. The stock had previously closed at $16.75.
A number of equities research analysts have recently weighed in on the stock. B. Riley reissued a “buy” rating and set a $20.00 price objective on shares of Franklin Covey in a report on Sunday, April 3rd. Zacks Investment Research lowered shares of Franklin Covey from a “buy” rating to a “hold” rating in a report on Monday, April 4th. Finally, TheStreet lowered shares of Franklin Covey from a “buy” rating to a “hold” rating in a report on Monday, April 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $20.00.
The firm has a market capitalization of $232.77 million and a P/E ratio of 36.73. The stock’s 50-day moving average price is $15.50 and its 200-day moving average price is $16.15.
Franklin Covey (NYSE:FC) last released its earnings results on Thursday, June 30th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.15. The business had revenue of $44.70 million for the quarter. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 EPS. Analysts anticipate that Franklin Covey Co. will post $0.53 EPS for the current fiscal year.
In other Franklin Covey news, Director Joel Clinton Peterson sold 1,792 shares of the stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $15.35, for a total transaction of $27,507.20. Following the sale, the director now directly owns 260,446 shares in the company, valued at approximately $3,997,846.10. The transaction was disclosed in a document filed with the SEC, which is available through this link.
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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