Franklin Covey Co. (NYSE:FC) – Equities research analysts at William Blair reduced their FY2020 earnings per share estimates for shares of Franklin Covey in a research report issued on Monday, November 11th. William Blair analyst A. Nicholas now anticipates that the business services provider will post earnings per share of $0.36 for the year, down from their prior estimate of $0.45. William Blair has a “Market Perform” rating on the stock. William Blair also issued estimates for Franklin Covey’s Q4 2020 earnings at $0.48 EPS, Q1 2021 earnings at $0.09 EPS, Q3 2021 earnings at $0.16 EPS, Q4 2021 earnings at $0.60 EPS and FY2021 earnings at $0.83 EPS.

Franklin Covey (NYSE:FC) last released its quarterly earnings results on Thursday, November 7th. The business services provider reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.04. Franklin Covey had a negative return on equity of 1.36% and a negative net margin of 0.45%. The company had revenue of $65.17 million during the quarter, compared to analysts’ expectations of $67.99 million.

A number of other equities analysts have also recently weighed in on FC. Barrington Research boosted their price target on Franklin Covey from $40.00 to $45.00 in a report on Friday, November 8th. ValuEngine cut Franklin Covey from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research raised Franklin Covey from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Tuesday, October 29th. TheStreet raised Franklin Covey from a “c” rating to a “b-” rating in a report on Friday, November 8th. Finally, B. Riley reissued a “buy” rating on shares of Franklin Covey in a report on Monday, November 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $42.38.

NYSE FC opened at $38.09 on Wednesday. Franklin Covey has a fifty-two week low of $20.52 and a fifty-two week high of $41.85. The stock has a market cap of $540.64 million, a price-to-earnings ratio of -544.14, a price-to-earnings-growth ratio of 5.61 and a beta of 0.87. The business has a fifty day moving average of $36.42 and a 200-day moving average of $34.33. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.31.

Several large investors have recently made changes to their positions in FC. Bank of Montreal Can grew its position in shares of Franklin Covey by 82,600.0% in the second quarter. Bank of Montreal Can now owns 827 shares of the business services provider’s stock valued at $28,000 after purchasing an additional 826 shares during the period. Tower Research Capital LLC TRC purchased a new stake in shares of Franklin Covey in the third quarter valued at $31,000. Acadian Asset Management LLC grew its position in shares of Franklin Covey by 162.9% in the second quarter. Acadian Asset Management LLC now owns 2,111 shares of the business services provider’s stock valued at $71,000 after purchasing an additional 1,308 shares during the period. Dupont Capital Management Corp purchased a new stake in shares of Franklin Covey in the third quarter valued at $81,000. Finally, Russell Investments Group Ltd. purchased a new stake in shares of Franklin Covey in the third quarter valued at $84,000. 46.19% of the stock is owned by institutional investors and hedge funds.

About Franklin Covey

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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Earnings History and Estimates for Franklin Covey (NYSE:FC)

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