Shares of Franklin Covey Co. (NYSE:FC) have received an average broker rating score of 1.50 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.
Brokers have set a twelve-month consensus price objective of $20.00 for the company and are expecting that the company will post $0.59 earnings per share for the current quarter, according to Zacks. Zacks has also given Franklin Covey an industry rank of 165 out of 265 based on the ratings given to its competitors.
FC has been the topic of a number of research analyst reports. B. Riley reiterated a “buy” rating and set a $20.00 price target on shares of Franklin Covey in a report on Wednesday, June 29th. Zacks Investment Research downgraded Franklin Covey from a “hold” rating to a “sell” rating in a report on Monday, July 4th.
In other Franklin Covey news, Director Joel Clinton Peterson sold 1,792 shares of the business’s stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $16.13, for a total value of $28,904.96. Following the transaction, the director now owns 255,070 shares in the company, valued at $4,114,279.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 28.70% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. increased its position in shares of Franklin Covey by 1.8% in the second quarter. Schwab Charles Investment Management Inc. now owns 39,694 shares of the company’s stock worth $609,000 after buying an additional 714 shares during the period. Geode Capital Management LLC increased its position in shares of Franklin Covey by 1.2% in the first quarter. Geode Capital Management LLC now owns 79,123 shares of the company’s stock worth $1,391,000 after buying an additional 930 shares during the period. JPMorgan Chase & Co. increased its position in shares of Franklin Covey by 2.8% in the second quarter. JPMorgan Chase & Co. now owns 47,425 shares of the company’s stock worth $727,000 after buying an additional 1,271 shares during the period. Strs Ohio increased its position in shares of Franklin Covey by 3.6% in the second quarter. Strs Ohio now owns 37,600 shares of the company’s stock worth $576,000 after buying an additional 1,300 shares during the period. Finally, Rice Hall James & Associates LLC increased its position in shares of Franklin Covey by 1.1% in the second quarter. Rice Hall James & Associates LLC now owns 149,011 shares of the company’s stock worth $2,284,000 after buying an additional 1,616 shares during the period. Hedge funds and other institutional investors own 58.68% of the company’s stock.
Shares of Franklin Covey (NYSE:FC) opened at 17.82 on Friday. The stock has a market capitalization of $252.62 million, a P/E ratio of 39.87 and a beta of 1.14. The company’s 50 day moving average price is $16.59 and its 200 day moving average price is $15.93. Franklin Covey has a one year low of $13.45 and a one year high of $18.28.
Franklin Covey Company Profile
Franklin Covey Co (FranklinCovey) is a global company engaged in performance improvement. The Company operates in seven areas: Leadership, Execution, Productivity, Trust, Sales Performance, Customer Loyalty, and Education. The Company operates globally with one common brand and business model designed to enable the Company to provide clients around the world.
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