Franklin Covey (NYSE:FC) Receives Buy Rating from Roth Mkm

Roth Mkm restated their buy rating on shares of Franklin Covey (NYSE:FC) in a research report report published on Thursday morning, Benzinga reports. Roth Mkm currently has a $50.00 price objective on the business services provider’s stock.

A number of other research analysts have also recently commented on the company. Barrington Research restated an outperform rating and set a $45.00 price objective on shares of Franklin Covey in a research note on Thursday. Northland Securities decreased their price target on Franklin Covey from $100.00 to $95.00 and set an outperform rating for the company in a report on Thursday, March 28th. Finally, StockNews.com lowered shares of Franklin Covey from a strong-buy rating to a buy rating in a research note on Friday, June 21st. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of Buy and an average target price of $63.33.

Franklin Covey Stock Performance

Franklin Covey stock opened at $36.72 on Thursday. The company has a market cap of $487.13 million, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 1.01 and a beta of 1.24. Franklin Covey has a 12 month low of $32.19 and a 12 month high of $48.76. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.85. The stock’s 50-day moving average is $37.25 and its 200-day moving average is $39.01.

Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Wednesday, March 27th. The business services provider reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. The firm had revenue of $61.34 million for the quarter, compared to analysts’ expectations of $62.03 million. Franklin Covey had a net margin of 6.13% and a return on equity of 23.23%. Equities analysts anticipate that Franklin Covey will post 1.71 earnings per share for the current year.

Institutional Investors Weigh In On Franklin Covey

Hedge funds and other institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC acquired a new stake in shares of Franklin Covey during the first quarter worth approximately $59,000. Mather Group LLC. acquired a new position in Franklin Covey during the 1st quarter worth $73,000. SG Americas Securities LLC increased its position in shares of Franklin Covey by 46.3% in the 4th quarter. SG Americas Securities LLC now owns 3,566 shares of the business services provider’s stock worth $155,000 after purchasing an additional 1,128 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Franklin Covey by 92.7% in the 1st quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock worth $220,000 after purchasing an additional 2,699 shares during the last quarter. Finally, Barclays PLC raised its stake in shares of Franklin Covey by 19.7% in the 3rd quarter. Barclays PLC now owns 5,921 shares of the business services provider’s stock valued at $254,000 after purchasing an additional 975 shares in the last quarter. 69.88% of the stock is currently owned by hedge funds and other institutional investors.

Franklin Covey Company Profile

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.