Franklin Covey (NYSE:FC – Get Free Report) had its price target reduced by Northland Securities from $100.00 to $95.00 in a report released on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the business services provider’s stock. Northland Securities’ price target suggests a potential upside of 143.65% from the company’s previous close.
A number of other research analysts have also recently weighed in on the stock. Barrington Research dropped their price objective on shares of Franklin Covey from $55.00 to $45.00 and set an “outperform” rating for the company in a report on Thursday. Roth Mkm decreased their price target on shares of Franklin Covey from $61.00 to $59.00 and set a “buy” rating for the company in a research note on Tuesday, December 19th. Finally, StockNews.com upgraded shares of Franklin Covey from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Four investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $66.33.
Check Out Our Latest Analysis on FC
Franklin Covey Stock Performance
Franklin Covey (NYSE:FC – Get Free Report) last posted its quarterly earnings data on Thursday, January 4th. The business services provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.17. Franklin Covey had a net margin of 6.43% and a return on equity of 22.81%. The business had revenue of $68.40 million for the quarter, compared to the consensus estimate of $65.88 million. On average, equities research analysts expect that Franklin Covey will post 1.69 earnings per share for the current fiscal year.
Institutional Trading of Franklin Covey
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Quantbot Technologies LP acquired a new position in Franklin Covey in the first quarter worth $27,000. Point72 Middle East FZE acquired a new position in Franklin Covey in the second quarter worth $29,000. CWM LLC acquired a new position in Franklin Covey in the third quarter worth $33,000. Tower Research Capital LLC TRC boosted its holdings in Franklin Covey by 289.5% in the third quarter. Tower Research Capital LLC TRC now owns 1,075 shares of the business services provider’s stock worth $49,000 after purchasing an additional 799 shares during the period. Finally, Alpha Paradigm Partners LLC acquired a new position in Franklin Covey in the third quarter worth $62,000. Institutional investors own 69.88% of the company’s stock.
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.
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