Franklin Covey (NYSE:FC) Given “Outperform” Rating at Barrington Research

Franklin Covey (NYSE:FC)‘s stock had its “outperform” rating reaffirmed by investment analysts at Barrington Research in a research report issued on Monday, Benzinga reports. They currently have a $45.00 price target on the business services provider’s stock. Barrington Research’s price target indicates a potential upside of 15.41% from the stock’s previous close.

Separately, StockNews.com upgraded shares of Franklin Covey from a “buy” rating to a “strong-buy” rating in a report on Saturday.

Franklin Covey Price Performance

Shares of FC opened at $38.99 on Monday. The stock has a market cap of $510.38 million, a P/E ratio of 29.10, a P/E/G ratio of 0.95 and a beta of 1.24. The business’s fifty day moving average is $40.18 and its 200 day moving average is $39.05. The company has a quick ratio of 0.85, a current ratio of 0.88 and a debt-to-equity ratio of 0.06. Franklin Covey has a 12-month low of $32.19 and a 12-month high of $44.96.

Institutional Trading of Franklin Covey

Institutional investors and hedge funds have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new stake in Franklin Covey in the 1st quarter worth about $59,000. O Keefe Stevens Advisory Inc. purchased a new stake in shares of Franklin Covey during the second quarter valued at approximately $202,000. Lazard Asset Management LLC lifted its holdings 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 worth $220,000 after acquiring an additional 2,699 shares during the period. Cubist Systematic Strategies LLC bought a new position in Franklin Covey in the 2nd quarter valued at $226,000. Finally, State Board of Administration of Florida Retirement System purchased a new stake in shares of Franklin Covey during the 1st quarter valued at $241,000. Hedge funds and other institutional investors own 69.88% of the company’s stock.

About Franklin Covey

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.