Franklin Covey (NYSE:FC) Receives “Outperform” Rating from Barrington Research

Barrington Research restated their outperform rating on shares of Franklin Covey (NYSE:FC) in a research report report published on Thursday morning,Benzinga reports. Barrington Research currently has a $45.00 target price on the business services provider’s stock. Barrington Research also issued estimates for Franklin Covey’s FY2026 earnings at $1.46 EPS.

Separately, StockNews.com upgraded shares of Franklin Covey from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 26th.

Franklin Covey Stock Up 3.8 %

FC traded up $1.42 during trading on Thursday, reaching $38.97. 115,415 shares of the stock were exchanged, compared to its average volume of 73,284. The stock’s 50 day moving average price is $40.31 and its two-hundred day moving average price is $39.14. The stock has a market cap of $510.12 million, a P/E ratio of 28.02, a price-to-earnings-growth ratio of 0.95 and a beta of 1.24. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.85 and a current ratio of 0.88. Franklin Covey has a twelve month low of $33.75 and a twelve month high of $44.96.

Hedge Funds Weigh In On Franklin Covey

A number of institutional investors have recently added to or reduced their stakes in FC. Allspring Global Investments Holdings LLC bought a new stake in shares of Franklin Covey in the first quarter worth $59,000. O Keefe Stevens Advisory Inc. bought a new stake in Franklin Covey during the second quarter valued at $202,000. Lazard Asset Management LLC raised its position in shares of Franklin Covey by 92.7% in the 1st 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 in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Franklin Covey in the 2nd quarter valued at about $226,000. Finally, State Board of Administration of Florida Retirement System acquired a new position in Franklin Covey in the first quarter valued at approximately $241,000. 69.88% of the stock is currently owned by institutional investors and hedge funds.

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.