Franklin Covey (NYSE:FC) Earns Outperform Rating from Barrington Research

Franklin Covey (NYSE:FC)‘s stock had its “outperform” rating reiterated by equities research analysts at Barrington Research in a research note issued to investors on Friday,Benzinga reports. They presently have a $45.00 price target on the business services provider’s stock. Barrington Research’s target price points to a potential upside of 58.39% from the stock’s current price.

Separately, StockNews.com cut Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th.

Franklin Covey Stock Performance

Shares of NYSE FC opened at $28.41 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.94 and a debt-to-equity ratio of 0.03. Franklin Covey has a 12 month low of $27.97 and a 12 month high of $44.46. The stock has a 50 day moving average of $33.48 and a 200-day moving average of $36.74. The company has a market capitalization of $374.90 million, a P/E ratio of 19.33, a P/E/G ratio of 1.74 and a beta of 1.29.

Franklin Covey (NYSE:FC) last issued its earnings results on Wednesday, January 8th. The business services provider reported $0.09 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.13). Franklin Covey had a return on equity of 25.23% and a net margin of 6.85%. As a group, equities research analysts predict that Franklin Covey will post 0.97 EPS for the current year.

Institutional Trading of Franklin Covey

Several hedge funds have recently added to or reduced their stakes in the company. New York State Teachers Retirement System acquired a new position in Franklin Covey in the 4th quarter valued at $38,000. Aquatic Capital Management LLC acquired a new position in Franklin Covey in the 4th quarter valued at $56,000. R Squared Ltd acquired a new position in Franklin Covey in the 4th quarter valued at $57,000. Wiser Advisor Group LLC raised its holdings in Franklin Covey by 100.2% in the 4th quarter. Wiser Advisor Group LLC now owns 1,812 shares of the business services provider’s stock valued at $68,000 after acquiring an additional 907 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in Franklin Covey by 509.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,156 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 1,802 shares in the last quarter. 69.88% of the stock is owned by institutional investors and hedge funds.

About Franklin Covey

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.