News coverage about Franklin Covey (NYSE:FC) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Franklin Covey earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.8563843356467 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Several analysts recently issued reports on the stock. BidaskClub downgraded shares of Franklin Covey from a “hold” rating to a “sell” rating in a research report on Saturday, July 8th. ValuEngine raised shares of Franklin Covey from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. B. Riley reissued a “buy” rating and issued a $22.00 price target on shares of Franklin Covey in a research report on Sunday, July 2nd. Finally, Zacks Investment Research downgraded shares of Franklin Covey from a “hold” rating to a “sell” rating in a research report on Monday, July 3rd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $22.00.
Franklin Covey (NYSE:FC) opened at 18.60 on Tuesday. The firm’s 50-day moving average is $18.30 and its 200-day moving average is $19.20. Franklin Covey has a 12-month low of $15.20 and a 12-month high of $22.45. The stock’s market capitalization is $257.78 million.
Franklin Covey (NYSE:FC) last released its quarterly earnings data on Friday, June 30th. The business services provider reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.10) by ($0.13). Franklin Covey had a negative net margin of 2.15% and a negative return on equity of 2.02%. The business had revenue of $43.80 million for the quarter, compared to analysts’ expectations of $44.25 million. During the same period last year, the business earned ($0.07) earnings per share. The company’s quarterly revenue was down 2.0% on a year-over-year basis. Analysts predict that Franklin Covey will post ($0.46) EPS for the current fiscal year.
In related news, Director Joel Clinton Peterson sold 1,793 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $18.50, for a total transaction of $33,170.50. Following the sale, the director now directly owns 228,864 shares of the company’s stock, valued at $4,233,984. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 5,377 shares of company stock worth $101,338 over the last ninety days. 33.50% of the stock is currently owned by insiders.
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About Franklin Covey
Franklin Covey Co is a global company specializing in performance improvement. The Company’s segments are Direct Offices, Strategic Markets, Education practice and International Licensees. The Direct Offices segment consists of its geographic sales offices that serve the United States and Canada, its international sales offices located in Japan, the United Kingdom and Australia, and its public programs group.
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