Analysts forecast that Franklin Covey Co. (NYSE:FC) will announce earnings per share (EPS) of ($0.19) for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for Franklin Covey’s earnings, with the highest EPS estimate coming in at ($0.14) and the lowest estimate coming in at ($0.26). Franklin Covey posted earnings of ($0.18) per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 5.6%. The business is expected to report its next quarterly earnings results on Wednesday, June 26th.
On average, analysts expect that Franklin Covey will report full-year earnings of ($0.04) per share for the current year, with EPS estimates ranging from ($0.16) to $0.09. For the next financial year, analysts expect that the business will report earnings of $0.47 per share, with EPS estimates ranging from $0.41 to $0.52. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Franklin Covey.
Franklin Covey (NYSE:FC) last released its quarterly earnings data on Thursday, April 4th. The business services provider reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.27) by $0.02. The company had revenue of $50.36 million during the quarter, compared to the consensus estimate of $48.72 million. Franklin Covey had a negative return on equity of 7.25% and a negative net margin of 2.56%.
Several research firms have recently commented on FC. B. Riley set a $35.00 price objective on Franklin Covey and gave the company a “buy” rating in a report on Friday, April 5th. Zacks Investment Research raised Franklin Covey from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a report on Friday, February 22nd. Barrington Research reissued a “buy” rating and issued a $30.00 price objective on shares of Franklin Covey in a report on Wednesday, January 23rd. Finally, ValuEngine downgraded Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Monday, January 7th.
NYSE FC opened at $28.56 on Friday. The company has a market capitalization of $401.17 million, a PE ratio of -54.92 and a beta of 0.94. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 0.97. Franklin Covey has a 12 month low of $20.52 and a 12 month high of $29.60.
A number of institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its stake in shares of Franklin Covey by 5.2% during the fourth quarter. Geode Capital Management LLC now owns 111,776 shares of the business services provider’s stock valued at $2,495,000 after purchasing an additional 5,498 shares in the last quarter. Metropolitan Life Insurance Co. NY acquired a new stake in shares of Franklin Covey during the fourth quarter valued at about $79,000. MetLife Investment Advisors LLC acquired a new position in shares of Franklin Covey in the fourth quarter worth approximately $107,000. Bank of America Corp DE lifted its stake in shares of Franklin Covey by 2.9% in the fourth quarter. Bank of America Corp DE now owns 268,732 shares of the business services provider’s stock worth $6,001,000 after acquiring an additional 7,509 shares during the period. Finally, PEAK6 Investments LLC acquired a new position in shares of Franklin Covey in the fourth quarter worth approximately $373,000. Hedge funds and other institutional investors own 44.66% of the company’s stock.
Franklin Covey Company Profile
Franklin Covey Co provides training and consulting services in the areas of leadership, productivity, strategic execution, trust, sales force performance, customer loyalty, and communication effectiveness skills for organizations and individuals worldwide. The company operates through three segments: Direct Offices, Education Practice, and International Licensees.
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