Franklin Covey (FC) Getting Somewhat Favorable News Coverage, Study Finds
Media headlines about Franklin Covey (NYSE:FC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Franklin Covey earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 47.974910554055 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- B. Riley Equities Analysts Decrease Earnings Estimates for Franklin Covey Company (FC) (americanbankingnews.com)
- Franklin Covey Target of Unusually High Options Trading (FC) (americanbankingnews.com)
- Franklin Covey (FC) versus GP Strategies Corporation (GPX) Head to Head Review (americanbankingnews.com)
- Franklin Covey’s (FC) CEO Bob Whitman on Q4 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Is It Time To Buy Franklin Covey Co (FC)? (finance.yahoo.com)
Franklin Covey (FC) traded up $2.00 during trading hours on Monday, hitting $20.75. The company had a trading volume of 55,300 shares, compared to its average volume of 47,130. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.19 and a quick ratio of 1.13. Franklin Covey has a 12-month low of $15.20 and a 12-month high of $22.45.
Franklin Covey (NYSE:FC) last released its earnings results on Thursday, November 9th. The business services provider reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.06). Franklin Covey had a negative return on equity of 5.47% and a negative net margin of 3.87%. The business had revenue of $59.50 million for the quarter, compared to analysts’ expectations of $64.60 million. During the same quarter in the prior year, the business posted $0.55 EPS. The business’s revenue for the quarter was down 8.2% compared to the same quarter last year. research analysts anticipate that Franklin Covey will post 0.22 EPS for the current year.
FC has been the topic of several recent research reports. B. Riley reaffirmed a “buy” rating and issued a $22.00 price objective on shares of Franklin Covey in a research note on Tuesday, November 7th. Zacks Investment Research raised Franklin Covey from a “sell” rating to a “hold” rating in a research note on Monday, September 4th. Finally, BidaskClub downgraded Franklin Covey from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Franklin Covey has an average rating of “Hold” and an average target price of $22.00.
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In related news, Director Joel Clinton Peterson sold 1,793 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $19.13, for a total transaction of $34,300.09. Following the completion of the sale, the director now owns 223,487 shares in the company, valued at $4,275,306.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 5,377 shares of company stock valued at $104,045 in the last quarter. 33.50% of the stock is currently owned by company insiders.
About Franklin Covey
Franklin Covey Co is a global company specializing in performance improvement. The Company’s segments are Direct Offices, Strategic Markets, Education practice and International Licensees. The Direct Offices segment consists of its geographic sales offices that serve the United States and Canada, its international sales offices located in Japan, the United Kingdom and Australia, and its public programs group.
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