FranklinCovey (NYSE:FC) – Equities researchers at Barrington Research upped their Q4 2018 earnings per share estimates for shares of FranklinCovey in a research report issued to clients and investors on Thursday, April 5th. Barrington Research analyst A. Paris. Jr now anticipates that the business services provider will post earnings per share of $0.47 for the quarter, up from their previous estimate of $0.46. Barrington Research currently has a “Outperform” rating and a $35.00 target price on the stock. Barrington Research also issued estimates for FranklinCovey’s FY2019 earnings at $0.26 EPS.
FranklinCovey (NYSE:FC) last issued its quarterly earnings data on Wednesday, April 4th. The business services provider reported ($0.11) EPS for the quarter, topping analysts’ consensus estimates of ($0.30) by $0.19. FranklinCovey had a negative net margin of 2.54% and a negative return on equity of 5.73%. The business had revenue of $46.55 million during the quarter, compared to analysts’ expectations of $46.50 million.
A number of other brokerages have also recently commented on FC. Roth Capital lifted their price objective on shares of FranklinCovey from $26.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday. Zacks Investment Research raised shares of FranklinCovey from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. ValuEngine raised shares of FranklinCovey from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, B. Riley reissued a “buy” rating and issued a $21.00 price objective on shares of FranklinCovey in a research note on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. FranklinCovey currently has a consensus rating of “Hold” and a consensus target price of $30.00.
Shares of NYSE:FC opened at $26.05 on Monday. FranklinCovey has a 52 week low of $17.35 and a 52 week high of $31.20. The firm has a market capitalization of $365.17, a price-to-earnings ratio of -68.55 and a beta of 1.13. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.14 and a quick ratio of 1.09.
Several institutional investors have recently added to or reduced their stakes in FC. The Manufacturers Life Insurance Company lifted its holdings in shares of FranklinCovey by 9.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,948 shares of the business services provider’s stock worth $172,000 after acquiring an additional 740 shares during the last quarter. Jefferies Group LLC bought a new stake in shares of FranklinCovey in the 4th quarter worth about $212,000. Wells Fargo & Company MN lifted its holdings in shares of FranklinCovey by 59.0% in the 3rd quarter. Wells Fargo & Company MN now owns 11,011 shares of the business services provider’s stock worth $223,000 after acquiring an additional 4,087 shares during the last quarter. Millennium Management LLC bought a new stake in shares of FranklinCovey in the 4th quarter worth about $231,000. Finally, California Public Employees Retirement System lifted its holdings in shares of FranklinCovey by 45.2% in the 3rd quarter. California Public Employees Retirement System now owns 19,732 shares of the business services provider’s stock worth $401,000 after acquiring an additional 6,140 shares during the last quarter. Hedge funds and other institutional investors own 49.01% of the company’s stock.
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FranklinCovey Company Profile
Franklin Covey Co provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills worldwide. The company operates through four segments: Direct Offices, Strategic Markets, Education Practice, and International Licensees.
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