Recent Research Analysts’ Ratings Changes for Franklin Covey (FC)

Several brokerages have updated their recommendations and price targets on shares of Franklin Covey (NYSE: FC) in the last few weeks:

• 11/7/2024 – Franklin Covey had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $45.00 price target on the stock.
• 11/7/2024 – Franklin Covey was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 10/28/2024 – Franklin Covey had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $45.00 price target on the stock.
• 10/26/2024 – Franklin Covey was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 10/18/2024 – Franklin Covey was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.

Franklin Covey Stock Performance

Shares of Franklin Covey stock traded up $1.43 during trading on Friday, reaching $38.98. The company’s stock had a trading volume of 132,004 shares, compared to its average volume of 73,360. The company has a 50-day moving average price of $40.31 and a two-hundred day moving average price of $39.14. Franklin Covey Co. has a fifty-two week low of $33.75 and a fifty-two week high of $44.96. The company has a current ratio of 0.88, a quick ratio of 0.85 and a debt-to-equity ratio of 0.06. The firm has a market cap of $510.25 million, a PE ratio of 29.09, a P/E/G ratio of 0.95 and a beta of 1.24.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Hancock Whitney Corp increased its stake in Franklin Covey by 6.2% during the first quarter. Hancock Whitney Corp now owns 6,670 shares of the business services provider’s stock worth $262,000 after acquiring an additional 390 shares during the last quarter. Bailard Inc. boosted its holdings in Franklin Covey by 4.4% in the 2nd quarter. Bailard Inc. now owns 11,942 shares of the business services provider’s stock worth $454,000 after acquiring an additional 500 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Franklin Covey in the first quarter valued at approximately $59,000. O Keefe Stevens Advisory Inc. lifted its position in shares of Franklin Covey by 30.6% during the third quarter. O Keefe Stevens Advisory Inc. now owns 6,954 shares of the business services provider’s stock worth $286,000 after purchasing an additional 1,629 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Franklin Covey by 11.5% during the second quarter. American Century Companies Inc. now owns 21,781 shares of the business services provider’s stock valued at $828,000 after acquiring an additional 2,253 shares in the last quarter. 69.88% of the stock is currently owned by institutional investors and hedge funds.

Franklin Covey Co provides training and consulting services in the areas of execution, sales performance, productivity, customer loyalty, and educational improvement for organizations and individuals worldwide. The company operates through Direct Offices, International Licensees, and Education Practice segments.