Analysts Expect Franklin Covey Co. (NYSE:FC) Will Post Earnings of $0.18 Per Share

Equities research analysts expect Franklin Covey Co. (NYSE:FCGet Rating) to report earnings of $0.18 per share for the current quarter, Zacks reports. Three analysts have provided estimates for Franklin Covey’s earnings, with the highest EPS estimate coming in at $0.20 and the lowest estimate coming in at $0.16. Franklin Covey also posted earnings per share of $0.18 during the same quarter last year. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Franklin Covey will report full year earnings of $0.87 per share for the current financial year, with EPS estimates ranging from $0.80 to $0.97. For the next year, analysts anticipate that the firm will report earnings of $1.14 per share, with EPS estimates ranging from $1.13 to $1.15. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover Franklin Covey.

Franklin Covey (NYSE:FCGet Rating) last announced its quarterly earnings data on Wednesday, March 30th. The business services provider reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. Franklin Covey had a net margin of 8.25% and a return on equity of 12.53%.

FC has been the topic of several recent analyst reports. StockNews.com lowered shares of Franklin Covey from a “strong-buy” rating to a “buy” rating in a report on Friday, April 8th. Roth Capital reiterated a “buy” rating on shares of Franklin Covey in a report on Thursday, March 31st. Zacks Investment Research lowered shares of Franklin Covey from a “buy” rating to a “hold” rating in a report on Monday, April 4th. Finally, TheStreet lowered shares of Franklin Covey from a “b” rating to a “c+” rating in a report on Thursday, March 31st. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $54.67.

NYSE FC traded up $0.85 during trading hours on Friday, hitting $37.27. 96,555 shares of the company’s stock traded hands, compared to its average volume of 98,654. Franklin Covey has a 52-week low of $29.55 and a 52-week high of $52.52. The company has a market capitalization of $534.45 million, a PE ratio of 26.06, a PEG ratio of 1.49 and a beta of 1.64. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.06 and a quick ratio of 1.04. The firm’s 50-day moving average is $43.10 and its 200-day moving average is $45.06.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. New York State Teachers Retirement System purchased a new position in shares of Franklin Covey in the 4th quarter valued at $51,000. Citigroup Inc. grew its position in shares of Franklin Covey by 133.6% in the 3rd quarter. Citigroup Inc. now owns 1,420 shares of the business services provider’s stock valued at $58,000 after buying an additional 812 shares during the last quarter. KBC Group NV acquired a new stake in Franklin Covey during the 3rd quarter worth $68,000. BNP Paribas Arbitrage SA boosted its stake in Franklin Covey by 377.1% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,252 shares of the business services provider’s stock worth $92,000 after purchasing an additional 1,780 shares during the period. Finally, First Manhattan Co. acquired a new stake in Franklin Covey during the 3rd quarter worth $97,000. 57.63% of the stock is currently owned by hedge funds and other institutional investors.

About Franklin Covey (Get Rating)

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 three segments: Direct Offices, International Licensees, and Education Practice.

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