Franklin Covey (NYSE:FC - Get Free Report)'s stock had its "outperform" rating reissued by stock analysts at Barrington Research in a research report issued to clients and investors on Thursday,Benzinga reports. They currently have a $45.00 target price on the business services provider's stock. Barrington Research's target price indicates a potential upside of 19.84% from the stock's current price.
Separately, StockNews.com raised Franklin Covey from a "buy" rating to a "strong-buy" rating in a report on Saturday, October 26th.
Read Our Latest Analysis on FC
Franklin Covey Stock Performance
Franklin Covey stock traded down $6.54 during mid-day trading on Thursday, reaching $37.55. 214,736 shares of the company were exchanged, compared to its average volume of 73,089. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88. The firm's 50-day simple moving average is $40.36 and its two-hundred day simple moving average is $39.15. The firm has a market cap of $491.53 million, a PE ratio of 27.36, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24. Franklin Covey has a twelve month low of $33.75 and a twelve month high of $44.96.
Institutional Trading of Franklin Covey
Several large investors have recently modified their holdings of FC. Vanguard Group Inc. boosted its position in Franklin Covey by 3.5% during the first quarter. Vanguard Group Inc. now owns 703,603 shares of the business services provider's stock worth $27,623,000 after acquiring an additional 24,062 shares during the last quarter. Rice Hall James & Associates LLC boosted its position in Franklin Covey by 9.0% during the third quarter. Rice Hall James & Associates LLC now owns 549,145 shares of the business services provider's stock worth $22,586,000 after acquiring an additional 45,312 shares during the last quarter. Bares Capital Management Inc. boosted its position in Franklin Covey by 0.8% during the first quarter. Bares Capital Management Inc. now owns 461,661 shares of the business services provider's stock worth $18,125,000 after acquiring an additional 3,570 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Franklin Covey during the second quarter worth approximately $17,022,000. Finally, Harbor Capital Advisors Inc. boosted its position in Franklin Covey by 137.2% during the third quarter. Harbor Capital Advisors Inc. now owns 242,953 shares of the business services provider's stock worth $9,993,000 after acquiring an additional 140,537 shares during the last quarter. 69.88% of the stock is currently owned by institutional investors and hedge funds.
About Franklin Covey
(
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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.
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