Franklin Covey (FC) Scheduled to Post Earnings on Wednesday

Franklin Covey (NYSE:FCGet Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, March 27th. Analysts expect Franklin Covey to post earnings of $0.05 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Franklin Covey (NYSE:FCGet Free Report) last issued its quarterly earnings results on Thursday, January 4th. The business services provider reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.17. The company had revenue of $68.40 million for the quarter, compared to analysts’ expectations of $65.88 million. Franklin Covey had a return on equity of 22.81% and a net margin of 6.43%. On average, analysts expect Franklin Covey to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Franklin Covey Price Performance

Shares of FC stock opened at $39.72 on Monday. The stock has a market cap of $527.88 million, a price-to-earnings ratio of 30.79, a PEG ratio of 1.17 and a beta of 1.22. The business’s fifty day moving average is $39.94 and its 200 day moving average is $40.12. Franklin Covey has a twelve month low of $32.19 and a twelve month high of $48.76. The company has a quick ratio of 0.84, a current ratio of 0.87 and a debt-to-equity ratio of 0.07.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FC shares. Roth Mkm lowered their price target on Franklin Covey from $61.00 to $59.00 and set a “buy” rating on the stock in a report on Tuesday, December 19th. StockNews.com raised Franklin Covey from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $55.00 price target on shares of Franklin Covey in a report on Friday. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $71.33.

Check Out Our Latest Stock Analysis on FC

Hedge Funds Weigh In On Franklin Covey

Hedge funds have recently made changes to their positions in the business. Quantbot Technologies LP bought a new position in Franklin Covey during the first quarter valued at approximately $27,000. Point72 Middle East FZE purchased a new stake in Franklin Covey during the second quarter valued at approximately $29,000. Tower Research Capital LLC TRC lifted its stake in shares of Franklin Covey by 289.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,075 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 799 shares during the last quarter. Alpha Paradigm Partners LLC purchased a new position in shares of Franklin Covey in the 3rd quarter worth approximately $62,000. Finally, Vestcor Inc purchased a new position in shares of Franklin Covey in the 4th quarter worth approximately $92,000. Institutional investors own 68.80% of the company’s stock.

About Franklin Covey

(Get Free Report)

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.

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Earnings History for Franklin Covey (NYSE:FC)

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