Franklin Covey Co. (FC) Sees Strong Trading Volume
Shares of Franklin Covey Co. (NYSE:FC) saw unusually-strong trading volume on Friday . Approximately 88,419 shares were traded during mid-day trading, an increase of 12% from the previous session’s volume of 78,790 shares.The stock last traded at $15.82 and had previously closed at $15.90.
Several analysts have issued reports on FC shares. B. Riley restated a “buy” rating and issued a $20.00 target price on shares of Franklin Covey in a research note on Tuesday, March 29th. Zacks Investment Research lowered Franklin Covey from a “buy” rating to a “hold” rating in a research note on Monday, April 4th. Finally, TheStreet lowered Franklin Covey from a “buy” rating to a “hold” rating in a research note on Monday, April 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Franklin Covey presently has a consensus rating of “Hold” and an average target price of $20.00.
The stock’s 50 day moving average price is $15.21 and its 200-day moving average price is $16.17. The company has a market cap of $226.39 million and a P/E ratio of 35.73.
Franklin Covey (NYSE:FC) last posted its quarterly earnings data on Thursday, June 30th. The company reported ($0.07) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by $0.15. The company earned $44.70 million during the quarter. The company’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.07 earnings per share. Equities research analysts anticipate that Franklin Covey Co. will post $0.53 earnings per share for the current year.
In other Franklin Covey news, Director Joel Clinton Peterson sold 1,792 shares of the stock in a transaction on Tuesday, June 7th. The stock was 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.