Barrington Research Reaffirms “Outperform” Rating for Franklin Covey (NYSE:FC)

Franklin Covey (NYSE:FC)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They currently have a $25.00 target price on the business services provider’s stock. Barrington Research’s target price would suggest a potential upside of 5.59% from the company’s previous close.

Franklin Covey Price Performance

Shares of FC stock opened at $23.68 on Thursday. Franklin Covey has a 1 year low of $11.16 and a 1 year high of $24.70. The firm has a fifty day moving average price of $15.92 and a 200-day moving average price of $16.98. The company has a market cap of $273.46 million, a price-to-earnings ratio of -112.74, a PEG ratio of 1.42 and a beta of 0.58.

Franklin Covey (NYSE:FC) last announced its earnings results on Wednesday, April 1st. The business services provider reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.06). Franklin Covey had a positive return on equity of 11.55% and a negative net margin of 0.88%.The company had revenue of $59.65 million during the quarter, compared to the consensus estimate of $58.71 million. Equities research analysts expect that Franklin Covey will post 0.97 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Hsbc Holdings PLC bought a new position in shares of Franklin Covey during the 4th quarter valued at approximately $209,000. Invesco Ltd. raised its stake in Franklin Covey by 10.5% during the 4th quarter. Invesco Ltd. now owns 21,553 shares of the business services provider’s stock worth $362,000 after acquiring an additional 2,055 shares during the period. EP Wealth Advisors LLC bought a new stake in Franklin Covey during the 4th quarter worth approximately $274,000. Man Group plc purchased a new position in Franklin Covey during the fourth quarter valued at approximately $226,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Franklin Covey by 51.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 34,518 shares of the business services provider’s stock valued at $580,000 after purchasing an additional 11,700 shares in the last quarter. Institutional investors own 69.88% of the company’s stock.

About Franklin Covey

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.