Franklin Covey (NYSE:FC) Given Outperform Rating at Barrington Research

Franklin Covey (NYSE:FC)‘s stock had its “outperform” rating reissued by Barrington Research in a report released on Wednesday,Benzinga reports. They currently have a $25.00 price objective on the business services provider’s stock. Barrington Research’s price target suggests a potential upside of 68.58% from the stock’s previous close.

Franklin Covey Stock Up 4.2%

Shares of Franklin Covey stock traded up $0.60 during trading on Wednesday, hitting $14.83. The stock had a trading volume of 153,938 shares, compared to its average volume of 165,279. Franklin Covey has a 1 year low of $11.16 and a 1 year high of $29.31. The stock has a 50 day simple moving average of $16.44 and a 200 day simple moving average of $17.03. The company has a market capitalization of $171.29 million, a PE ratio of -123.57, a P/E/G ratio of 0.83 and a beta of 0.74.

Franklin Covey (NYSE:FC) last posted its quarterly earnings data on Wednesday, January 7th. The business services provider reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.30). Franklin Covey had a positive return on equity of 9.98% and a negative net margin of 0.54%.The firm had revenue of $64.05 million during the quarter, compared to analyst estimates of $64.77 million. During the same period in the prior year, the business posted $0.20 EPS. As a group, equities analysts expect that Franklin Covey will post 0.97 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Franklin Covey

A number of institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue purchased a new stake in shares of Franklin Covey in the fourth quarter worth approximately $31,000. Wiser Advisor Group LLC purchased a new position in Franklin Covey during the third quarter valued at approximately $35,000. CWM LLC grew its position in Franklin Covey by 81.8% during the third quarter. CWM LLC now owns 1,983 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 892 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Franklin Covey by 98.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,236 shares of the business services provider’s stock valued at $43,000 after buying an additional 1,112 shares during the period. Finally, Amundi acquired a new position in Franklin Covey in the 1st quarter valued at approximately $58,000. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Franklin Covey Company Profile

Franklin Covey Co (NYSE:FC) is a global consulting and training firm specializing in performance improvement solutions for individuals and organizations. The company offers a range of services, including leadership development, productivity tools, execution frameworks and assessments designed to foster personal effectiveness and drive business results. Its flagship offerings integrate training workshops, digital resources and coaching to support clients in areas such as strategic planning, team productivity and change management.

The origins of Franklin Covey trace back to the merger in 1997 of Franklin Quest Co, founded in 1983 by Hyrum W.