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 Price Performance
Shares of Franklin Covey stock opened at $38.99 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.88 and a quick ratio of 0.85. Franklin Covey has a one year low of $32.19 and a one year high of $44.96. The business’s 50 day simple moving average is $40.18 and its two-hundred day simple moving average is $39.05. The stock has a market capitalization of $510.38 million, a P/E ratio of 29.10, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC bought a new stake in Franklin Covey during the 1st quarter valued at approximately $59,000. O Keefe Stevens Advisory Inc. bought a new position in Franklin Covey in the second quarter worth $202,000. Lazard Asset Management LLC lifted its position in Franklin Covey by 92.7% during the first quarter. Lazard Asset Management LLC now owns 5,612 shares of the business services provider’s stock valued at $220,000 after buying an additional 2,699 shares during the period. Cubist Systematic Strategies LLC bought a new stake in shares of Franklin Covey during the 2nd quarter valued at $226,000. Finally, State Board of Administration of Florida Retirement System bought a new stake in shares of Franklin Covey during the 1st quarter valued at $241,000. 69.88% of the stock is currently owned by institutional investors.
Franklin Covey Company Profile
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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