StockNews.com upgraded shares of Franklin Covey (NYSE:FC - Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday.
Franklin Covey Stock Down 1.0 %
Shares of Franklin Covey stock traded down $0.38 during trading on Friday, reaching $38.99. 29,746 shares of the company traded hands, compared to its average volume of 28,329. The firm has a market capitalization of $510.38 million, a PE ratio of 29.10, a P/E/G ratio of 0.95 and a beta of 1.24. Franklin Covey has a 1-year low of $32.19 and a 1-year high of $44.96. The company has a 50 day moving average price of $40.18 and a 200-day moving average price of $39.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.85.
Institutional Trading of Franklin Covey
Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Franklin Covey by 3.5% during the 1st quarter. Vanguard Group Inc. now owns 703,603 shares of the business services provider's stock valued at $27,623,000 after purchasing an additional 24,062 shares during the last quarter. Bares Capital Management Inc. grew its holdings 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 buying an additional 3,570 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Franklin Covey in the 2nd quarter valued at $17,022,000. Acadian Asset Management LLC lifted its stake in Franklin Covey by 12.2% during the 1st quarter. Acadian Asset Management LLC now owns 238,455 shares of the business services provider's stock valued at $9,357,000 after acquiring an additional 25,876 shares in the last quarter. Finally, Wasatch Advisors LP purchased a new position in Franklin Covey during the 1st quarter worth $6,862,000. Institutional investors and hedge funds own 69.88% of the company's stock.
About Franklin Covey
(
Get Free Report)
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.
See Also
Before you consider Franklin Covey, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franklin Covey wasn't on the list.
While Franklin Covey currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
