Somewhat Critical News Coverage Somewhat Unlikely to Impact Franklin Covey (FC) Stock Price
Headlines about Franklin Covey (NYSE:FC) have trended somewhat negative on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Franklin Covey earned a media sentiment score of 0.00 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 47.6210297854283 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Franklin Covey Company (FC) Expected to Post Quarterly Sales of $43.47 Million (americanbankingnews.com)
- ETFs with exposure to Franklin Covey Co. : November 17, 2017 (finance.yahoo.com)
- -$0.33 EPS Expected for Franklin Covey Company (FC) This Quarter (americanbankingnews.com)
- Franklin Covey Co. :FC-US: Earnings Analysis: Q4, 2017 By the Numbers : November 16, 2017 (finance.yahoo.com)
- Franklin Covey Company (FC) Lowered to “Sell” at Zacks Investment Research (americanbankingnews.com)
Shares of Franklin Covey (NYSE FC) traded up $0.40 during trading hours on Friday, reaching $20.15. 29,604 shares of the company traded hands, compared to its average volume of 26,143. Franklin Covey has a 12-month low of $15.20 and a 12-month high of $22.45. The company has a current ratio of 1.14, a quick ratio of 1.13 and a debt-to-equity ratio of 0.45.
Franklin Covey (NYSE:FC) last announced its quarterly earnings results on Thursday, November 9th. The business services provider reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.06). Franklin Covey had a negative return on equity of 5.50% and a negative net margin of 3.87%. The company had revenue of $59.50 million for the quarter, compared to analyst estimates of $64.60 million. During the same quarter in the prior year, the business earned $0.55 earnings per share. Franklin Covey’s revenue was down 8.2% compared to the same quarter last year. equities analysts expect that Franklin Covey will post -0.25 EPS for the current fiscal year.
A number of analysts have recently issued reports on FC shares. BidaskClub downgraded shares of Franklin Covey from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Zacks Investment Research raised shares of Franklin Covey from a “sell” rating to a “hold” rating in a research report on Monday, September 4th. Finally, B. Riley reaffirmed a “buy” rating and set a $22.00 price objective on shares of Franklin Covey in a research report on Tuesday, November 7th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.00.
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In other Franklin Covey news, Director Joel Clinton Peterson sold 1,792 shares of Franklin Covey stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $20.33, for a total value of $36,431.36. Following the transaction, the director now directly owns 225,280 shares in the company, valued at $4,579,942.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last 90 days, insiders sold 5,377 shares of company stock worth $104,045. 33.50% of the stock is currently owned by company insiders.
Franklin Covey Company Profile
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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