Key Points
- Insider sale: Michael Sean Merrill Covey sold 7,000 shares of Franklin Covey on Nov. 10 at an average price of $14.68 for about $102,760, trimming his stake to 218,636 shares (a 3.10% reduction) as disclosed in an SEC Form 4.
- Recent results and valuation: Franklin Covey missed Q results with EPS of $0.34 vs. $0.43 expected while revenue was roughly in line at $71.25M; the stock trades near $14.92, has a market cap of about $188.6M, a P/E of ~18.9, and a 52-week range of $14.41–$39.22.
- Market sentiment: Institutional ownership is high (~69.9%), and analyst views are mixed—the consensus rating is "Hold" with a $24.50 target, though some firms rate it a buy and Weiss Ratings maintains a "Sell (D+)" call.
Franklin Covey Company (NYSE:FC - Get Free Report) insider Michael Sean Merrill Covey sold 7,000 shares of Franklin Covey stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $14.68, for a total value of $102,760.00. Following the transaction, the insider owned 218,636 shares of the company's stock, valued at $3,209,576.48. This represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Franklin Covey Stock Performance
FC traded down $0.17 during trading hours on Friday, reaching $14.92. The company's stock had a trading volume of 97,663 shares, compared to its average volume of 129,123. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.81 and a current ratio of 0.84. The company's 50-day moving average is $18.06 and its 200-day moving average is $20.11. Franklin Covey Company has a 52 week low of $14.41 and a 52 week high of $39.22. The firm has a market cap of $188.58 million, a PE ratio of 18.88, a price-to-earnings-growth ratio of 1.06 and a beta of 0.85.
Franklin Covey (NYSE:FC - Get Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The business services provider reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.09). The company had revenue of $71.25 million during the quarter, compared to the consensus estimate of $71.11 million. Franklin Covey had a net margin of 3.81% and a return on equity of 19.08%. Franklin Covey has set its FY 2026 guidance at EPS. On average, equities analysts forecast that Franklin Covey Company will post 0.97 EPS for the current year.
Hedge Funds Weigh In On Franklin Covey
Several hedge funds have recently bought and sold shares of FC. Royce & Associates LP lifted its holdings in shares of Franklin Covey by 564.6% during the 1st quarter. Royce & Associates LP now owns 935,669 shares of the business services provider's stock worth $25,843,000 after acquiring an additional 794,876 shares during the period. Russell Investments Group Ltd. lifted its stake in Franklin Covey by 3,724.8% during the first quarter. Russell Investments Group Ltd. now owns 156,127 shares of the business services provider's stock worth $4,312,000 after purchasing an additional 152,045 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Franklin Covey by 45.4% in the 1st quarter. Acadian Asset Management LLC now owns 422,357 shares of the business services provider's stock valued at $11,660,000 after purchasing an additional 131,872 shares in the last quarter. Bridgeway Capital Management LLC bought a new position in shares of Franklin Covey in the 3rd quarter valued at $2,275,000. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Franklin Covey during the 1st quarter worth $2,579,000. 69.88% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on FC. Weiss Ratings reiterated a "sell (d+)" rating on shares of Franklin Covey in a research note on Friday, October 31st. Barrington Research reduced their target price on shares of Franklin Covey from $27.00 to $22.00 and set an "outperform" rating for the company in a research report on Thursday, November 6th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $24.50.
View Our Latest Analysis on Franklin Covey
Franklin Covey Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
