The stock of Franklin Covey Co. (NYSE:FC) hit a new 52-week high and has $41.06 target or 125.00% above today’s $18.25 share price. The 5 months bullish chart indicates low risk for the $259.44M company. The 1-year high was reported on Oct, 19 by Barchart.com. If the $41.06 price target is reached, the company will be worth $324.30 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 43,865 shares traded hands or 24.68% up from the average. Franklin Covey Co. (NYSE:FC) has risen 7.50% since March 16, 2016 and is uptrending. It has outperformed by 1.96% the S&P500.
Analysts await Franklin Covey Co. (NYSE:FC) to report earnings on November, 2. They expect $0.59 earnings per share, up 22.92% or $0.11 from last year’s $0.48 per share. FC’s profit will be $8.39 million for 7.73 P/E if the $0.59 EPS becomes a reality. After $-0.07 actual earnings per share reported by Franklin Covey Co. for the previous quarter, Wall Street now forecasts -942.86% EPS growth.
Franklin Covey Co. (NYSE:FC) Ratings Coverage
Out of 3 analysts covering Franklin Covey Company (NYSE:FC), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Franklin Covey Company has been the topic of 3 analyst reports since November 5, 2015 according to StockzIntelligence Inc. The stock of Franklin Covey Co. (NYSE:FC) earned “Buy” rating by Roth Capital on Thursday, November 5. TH Capital maintained the stock with “Buy” rating in Thursday, November 5 report. As per Thursday, November 5, the company rating was downgraded by William Blair.
According to Zacks Investment Research, “Franklin Covey Co. is an international learning and performance solutions company dedicated to increasing the effectiveness of individuals and organizations. They provide consulting services, training and education programs, educational materials, publications, assessment and measurement tools, implementation processes, application tools and products designed to empower individuals and organizations to become more effective.”
Insitutional Activity: The institutional sentiment increased to 0.86 in Q2 2016. Its up 0.17, from 0.69 in 2016Q1. The ratio improved, as 4 funds sold all Franklin Covey Co. shares owned while 25 reduced positions. 8 funds bought stakes while 17 increased positions. They now own 7.64 million shares or 2.51% less from 7.84 million shares in 2016Q1.
Schwab Charles Invest Mgmt holds 0% of its portfolio in Franklin Covey Co. (NYSE:FC) for 39,694 shares. International Group Inc last reported 5,880 shares in the company. Wasatch Advisors holds 0.08% of its portfolio in Franklin Covey Co. (NYSE:FC) for 355,541 shares. Teachers Advsrs has 0% invested in the company for 16,948 shares. Morgan Stanley holds 5,713 shares or 0% of its portfolio. Bank Of New York Mellon Corp last reported 89,059 shares in the company. Northern Tru holds 132,025 shares or 0% of its portfolio. Kbc Group Inc Nv last reported 0% of its portfolio in the stock. State Street has 155,040 shares for 0% of their US portfolio. Gsa Cap Prtnrs Llp, a United Kingdom-based fund reported 17,292 shares. Comml Bank Of America De last reported 0% of its portfolio in the stock. Pembroke Limited has invested 1.83% of its portfolio in Franklin Covey Co. (NYSE:FC). The Pennsylvania-based Nationwide Fund Advsrs has invested 0% in Franklin Covey Co. (NYSE:FC). Menta Capital Limited Liability Company holds 0.05% or 23,593 shares in its portfolio. Price T Rowe Associates Md, a Maryland-based fund reported 15,432 shares.
Insider Transactions: Since June 7, 2016, the stock had 0 buys, and 5 selling transactions for $142,480 net activity. PETERSON JOEL CLINTON sold $24,783 worth of Franklin Covey Co. (NYSE:FC) on Friday, July 1.
More notable recent Franklin Covey Co. (NYSE:FC) news were published by: Businesswire.com which released: “Franklin Covey Co. Announces 2016 Leader in Me Symposium Series: Rethink …” on October 17, 2016, also Quotes.Wsj.com with their article: “News Franklin Covey Co.FC” published on February 11, 2011, Businesswire.com published: “Franklin Covey Co. Named to 2016 Top 20 Leadership Training Companies List by …” on February 10, 2016. More interesting news about Franklin Covey Co. (NYSE:FC) were released by: Businesswire.com and their article: “Franklin Covey Co. Announces Dutch Auction Tender Offer” published on December 08, 2015 as well as Businesswire.com‘s news article titled: “Franklin Covey Reports 2015 Fourth Quarter and Fiscal Year Financial Results” with publication date: November 04, 2015.
FC Company Profile
Franklin Covey Co. (FranklinCovey), incorporated on December 2, 1983, is engaged in performance improvement. The Firm operates in seven areas: Leadership, Execution, Productivity, Trust, Sales Performance, Customer Loyalty, and Education. The Firm operates globally with one common brand. The Firm also provides clients with training in management skills, relationship skills and individual effectiveness. The Firm provides personal-effectiveness literature and electronic educational solutions to its clients. The Companyâ€™s practices are designed to provide content and delivery, including books and recognized thought leadership, multiple deliveries and teaching methods, a practice-centric focused sales force, and practice-specific marketing support.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.